The measures to reduce taxes and fees have achieved significant results in China over the past de-cade.However,in the practice of reducing taxes and fees,some problems have also been exposed.When facing downward risks in the social economy,local governments face the risk of reducing tax rates,increasing tax exemptions,credits,and refunds,which can lead to a decrease in short-term fiscal revenue.Due to the gov-ernment's rigid fiscal expenditure,the income and expenditure gap has increased.Local governments are fac-ing rising deficits while also expanding the debt scale used to boost economic development and fill income and expenditure gaps.In this way,the proportion of local government debt to fiscal revenue will increase.The ability to repay debts has weakened,the scale of debts has increased,and the risk of debt crisis has in-creased.At present,China's debt ratio has reached a new high,and timely preventive measures need to be taken.Firstly,it is necessary to understand the mechanism of tax reduction and fee reduction.This article constructs a model from the perspective of game theory,deduces the mechanism of tax reduction and fee reduc-tion on local debt risk,and proposes countermeasures and suggestions.
关键词
博弈论/减税降费/作用机制/地方债务风险
Key words
Game Theory/Reduce Taxes and Fees/Mechanism/Local Debt Risk
维普
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