The Coping Strategies of Tax Policies Under the Trend of Population Aging and Declining Birthrate
The aging population and decline in birth rate represent significant national characteristics currently confronting China's eco-nomic and social progression.These trends introduce both challenges and opportunities to the country's socio-economic landscape.On one side,the aging population and decline in birth rate are leading to the erosion of demographic advantages,which in turn intensifies the fiscal burden associated with eldercare,and influences the tax base through variables such as consumption demand,labor force par-ticipation,and labor costs.Conversely,the aging population also presents novel opportunities for growth,such as the escalating labor costs spurring corporate innovation and the expanding silver economy fueling the rise of industries catering to the elderly,thereby crea-ting fresh avenues for tax revenue growth.In response,China's tax policy must proactively adapt to the shifts brought about by the aging population and decline in birth rate,robustly address the challenges,and capitalize on the opportunities.It is essential to refine and enhance tax measures that encourage childbearing,foster technological innovation among enterprises,propel the silver economy,and promote the re-employment of younger senior citizens.Such policy adjustments are crucial for fostering economic advancement and so-cial stability amidst the aging demographic,and for establishing a solid foundation for sustainable development in the future.
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