The Conception of Innovating Personal Income Tax System

The personal income tax is one of major taxes in the tax system of our country.It plays the roles of collecting revenue for the government and fairly distributing income.The key points of the personal income tax system reform are the design of the tax rate structure and the definition of the synthetical income items,which are directly related to the burden of tax payers and the fairness of tax system.However,as their relation is rather close and their function is complementary,we should take a holistic consideration when designing the system.