JUSTIFICATION OF THE NECESSITY OF PROGRESSIVE PERSONAL INCOME TAXATION
Rubrics: NALOGI I NALOGOOBLOZHENIE
Authors:
1.
Orlovskiy gosudarstvennyy universitet imeni I.S. Turgeneva
Russian Federation
Russian Federation
2.
Orlovskiy gosudarstvennyy universitet imeni I.S. Turgeneva
Russian Federation
Russian Federation
3.
Orlovskiy gosudarstvennyy universitet imeni I.S. Turgeneva
Russian Federation
Russian Federation
Type:
Article
Pages:
from 77
to 77
Status:
Published
Received:
07.06.2017
Accepted:
15.06.2017
Published:
25.06.2017
Subject area:
UDK 336.22 Налоги. Сборы
Language:
English
Keywords:
personal income tax, single tax rate, progressive taxation
Abstract (English):
In this paper, we investigate the necessity of personal income tax reform of individual persons. The critical analysis of the main arguments toward a single tax rate is based on the empirical data. In a result of current research it is found that despite an increase in tax revenues the role of tax in the consolidated budget of a country is low and it does not justify its fiscal importance. The growth in monetary income and simplification of procedures of tax management does not contribute to differentiation in revenues and their legalization has still remains unchanged. It was concluded that the single tax rate keeps a stable inflow of tax receipts to the state budget, however, it does not provide realization with the principle of equity of taxation to the full extent. These circumstances give grounds to a gradual return to assessment scale in taxation to provide extra revenues for the government budget and reduce tax pressure on social strata.
In this paper, we investigate the necessity of personal income tax reform of individual persons. The critical analysis of the main arguments toward a single tax rate is based on the empirical data. In a result of current research it is found that despite an increase in tax revenues the role of tax in the consolidated budget of a country is low and it does not justify its fiscal importance. The growth in monetary income and simplification of procedures of tax management does not contribute to differentiation in revenues and their legalization has still remains unchanged. It was concluded that the single tax rate keeps a stable inflow of tax receipts to the state budget, however, it does not provide realization with the principle of equity of taxation to the full extent. These circumstances give grounds to a gradual return to assessment scale in taxation to provide extra revenues for the government budget and reduce tax pressure on social strata.
Keywords:
personal income tax, single tax rate, progressive taxation
personal income tax, single tax rate, progressive taxation
In this paper, we investigate the necessity of personal income tax reform of individual persons. The critical analysis of the main arguments toward a single tax rate is based on the empirical data. In a result of current research it is found that despite an increase in tax revenues the role of tax in the consolidated budget of a country is low and it does not justify its fiscal importance. The growth in monetary income and simplification of procedures of tax management does not contribute to differentiation in revenues and their legalization has still remains unchanged. It was concluded that the single tax rate keeps a stable inflow of tax receipts to the state budget, however, it does not provide realization with the principle of equity of taxation to the full extent. These circumstances give grounds to a gradual return to assessment scale in taxation to provide extra revenues for the government budget and reduce tax pressure on social strata.
1. Tax reform of the population income in Russia: the results for 2000-2007 years / [Anisimova L. and the others]; Institute of economics of transition. M.: IET, 2008. P. 256.
2. Sadkov V.G., Grekov I.E. On the relationships between wage, economy monetization and the state budget: the need to reform // Society and economy. 2010. № 11-12.
3. Russian Federal State Statistics Service: central statistical database // http://gks.ru.
