What Is Big Caliber Finance?
According to the different caliber of the revenue obtained by the government, there are usually three different indicators of macro tax burden in China.
(1) the proportion of tax revenue to GDP is called the macro tax burden of small caliber.
(2) the proportion of fiscal revenue to GDP is called the macro tax burden.
The "fiscal revenue" refers to the revenue included in the budgetary budget, including
tax revenue
Income and a small amount of other income (such as the income of state-owned assets, the sale of public goods, etc.).
(3) the proportion of government revenue to GDP is called the macro tax burden.
The "government revenue" here includes not only "fiscal revenue", but also a large amount of extra budgetary receipts collected by enterprises and individuals from all levels of government and departments, which is not included in budgetary management, and is not included in the budget.
Administration
The extra income of the system and so on, that is, the sum of the income obtained by all levels of government and its departments in various forms.
Among these three indicators,
Large caliber
The indicators are the most realistic and comprehensive reflection of the extent of the government's financial resources and the burden level of the entire national economy.
The medium and small caliber index can better explain the effective management and control level of the government's revenue.
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