The economic effects of tax cuts and fee reductions

Abstract

The document discusses strategies for enhancing China's tax system to ensure fairness, efficiency, and sustainability. It suggests developing user-friendly online tax filing platforms to reduce administrative burdens and operational costs for both taxpayers and tax authorities, while minimizing errors in tax collection. The proposal includes comprehensive tax knowledge campaigns to improve public awareness of tax laws, integrating tax education into school curricula, and providing targeted training for SMEs to foster a tax-conscious business environment. Additionally, the document emphasizes the importance of continuously monitoring and evaluating the economic impact of tax policies to adjust them in response to economic challenges and opportunities. The goal is to align the tax system with the country's development goals, thereby supporting the economy's long-term stable development. The document concludes that advancing tax system reform, improving tax reduction policies, strengthening policy promotion, and enhancing tax administration efficiency are key to building a more equitable and sustainable tax environment in China.