On the solving of endless cycle of power from centralization to decentralization in fiscal system-take reform of tax sharing system in 1994 as an example

DOI

10.2991/icassr.2013.38How to use a DOI?

Keywords

tax sharing system; fiscal revenues; disposable revenues

Abstract

The reform of tax sharing system in 1994 elevated the proportion of central fiscal revenues to overall fiscal revenues in a short time. However, the local extra-budgetary funds also expanded rapidly, which made the ratios of central disposable revenues ( including budgetary funds and extra-budgetary funds ) to overall disposable revenues lower. Therefore, the reform of tax sharing system in 1994 did not arrive at the potential target. The reform of tax sharing system in 1994 is not isolated, and it is only one phase of an endless cycle of power from centralization to decentralization in fiscal system of China since P.R. China was founded. The endless cycle of power from centralization to decentralization, and the prevailing opportunism in fiscal system result from the fact of being lack of rational, perspicuous, stable and compatible rules between the central government and local governments firstly, and secondly result from the absence of rational relations of power and interest between the central government and local governments. To rationalize fiscal system, first of all, China should try its effort to redesign the formulation and implementation between the policies and laws, and secondly, China should devote itself to the readjustment of the fiscal resources and power between the central government and local governments.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Dechao Sun
PY  - 2013/08
DA  - 2013/08
TI  - On the solving of endless cycle of power from centralization to decentralization in fiscal system-take reform of tax sharing system in 1994 as an example
BT  - Proceedings of the 2013 International Conference on Applied Social Science Research (ICASSR-2013)
PB  - Atlantis Press
SP  - 135
EP  - 137
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr.2013.38
DO  - 10.2991/icassr.2013.38
ID  - Sun2013/08
ER  -