Asymptotic Marginal Tax Rate of Individual Income Tax in China

作     者：ZHENYA LIU WU YANG DAVID DICKINSON 

作者机构：the School of Finance Renmin University of China he Department of Economics University of Birmingham the School of International Trade and Economics Central University of Finance and Economics of China the Department of Economics University of Birmingham 

出 版 物：《Economic and Political Studies》 (经济与政治研究（英文版）)

年 卷 期：2014年第2卷第2期

页      面：121-138页

学科分类：0303[法学-社会学] 02[经济学] 0202[经济学-应用经济学] 0302[法学-政治学] 1202[管理学-工商管理] 0201[经济学-理论经济学] 020203[经济学-财政学（含∶税收学）] 0701[理学-数学] 

基　　金：sponsored by the research project #2009JJD790050 and #11YJC790237 of Ministry of Education, China 211 Program of Central University of Finance and Economics of China 

主　　题：reform of individual income tax asymptotic marginal tax rate optimal direct taxation theory 

摘      要：This paper examines the asymptotic marginal rate of individual income tax which maximizes China s social welfare through numerical simulation based on the elasticity of China s labor supply, income distribution and the social objectives of redistribution in accordance with the optimal direct taxation theory. Taking advantage of the optimal direct taxation model with consideration of the income effect, it comes to the conclusion that combined with China s reality, the asymptotic marginal rate of individual labor income tax in China should be between 35% and 40%.