The Evolution of Fiscal and Tax Policies in the Central Soviet Area During the Land Revolution
In the early days of the Central Soviet Area,fighting the landlords was a temporary measure to raise funds for the party,government,and army.The Kuomintang's ongoing military"encirclement and suppression"campaign shifted the focus of financing from expanding the soviet area to collecting taxes in the soviet area.The soviet government built the financial system in the Central Soviet Area by issuing currency and imposing a curren-cy tax.Increasing the issuance of currency led to a depreciation in the value of the currency and to price increa-ses,prompting the soviet government to initiate the collection of physical taxes.However,the total amount of the various taxes was insufficient to meet the extensive demands of the military.Consequently,the Temporary Central Government of the Chinese Soviet Republic first issued government bonds and later launched a grain borrowing campaign.Although these financial and tax reform measures were not perfect,they played a positive role in breaking the military"encirclement and suppression"campaign by the Kuomintang forces and in defending CPC political power.
NETL
NSTL
万方数据
