Abnormal Supernal Macro Tax Burden Impeding Equilibrium Development of China’s Economy and Inducing Its Economy Receding

Volume 1, Issue 2, December 2016     |     PP. 93-99      |     PDF (335 K)    |     Pub. Date: January 12, 2017
DOI:    363 Downloads     7984 Views  

Author(s)

Hejie ZHANG, College of Economics and Management, Zhejiang University of Technology, Hangzhou, 310023, P.R.C
Yaojun YANG, College of Economics and Management, Zhejiang University of Technology, Hangzhou, 310023, P.R.C

Abstract
Recent years have witnessed increasingly heavy pressure for China’s economy to recede which is an anxious phenomenon for global economists and statesmen. The paper has shed new light on that, firstly, it was the abnormal supernal macro tax burden that impeded equilibrium development of China’s economy, which further more made China’s economy to recede; secondly, it is proposed for future frame of Public Finance theory and practice. It is suggested that China’s government should pursue reasonable macro tax burden and the route of China’s modern financial and taxation system is proposed.

Keywords
Macro Tax Burden, Economic Disequilibrium and Receding, Tax Cuts, Frame of Public Finance Theory and Practice

Cite this paper
Hejie ZHANG, Yaojun YANG, Abnormal Supernal Macro Tax Burden Impeding Equilibrium Development of China’s Economy and Inducing Its Economy Receding , SCIREA Journal of Economics. Volume 1, Issue 2, December 2016 | PP. 93-99.

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