Analysis of the Impact of the New Tax on the Middle Class from the Perspective of Big Data. (June 2020)

• Record Type: Journal Article
• Authors: Wang, Pan; Wang, Ying
• Is Part Of: Journal of physics. Volume 1574(2020)
• Publication Date: 2020-06
• Subjects: Big Data -- New Taxes -- Middle Class -- Different Income Groups; Physics -- Congresses; 530.5
• DOI: 10.1088/1742-6596/1574/1/012098
• Languages: English
• ISSNs: 1742-6588

Abstract

Abstract: Tax reform related to the vital interests of each of us, life is closely related to our income.This paper will explore the impact of the new tax on the middle class in big data perspective, in order to promote the overall reform and improve the personal income tax system. In this paper, through a questionnaire survey on the employees of some enterprises and units in the middle class in City A, it is found that 92.50% of the people think that the new basic tax reform "basic deduction + special deduction + special additional deduction" is a superimposed deduction model of costs, which is more concerned People's livelihood issues, can enjoy the benefits of personal tax reform to a greater extent; 87.10% of people agree with optimal adjustment of the rate structure, reducing the tax burden; However, some believe that middle-class taxpayers in different parts of the taxpayer unified exemption amount is not fair, you should consider regional differences, where appropriate, to enhance the relevance and quantification system hierarchy.This paper can be seen through a new tax to reduce the burden on middle-class people, well-being has improved, but there is still room for improvement.