A Discussion on the Tax Elasticity

The low elastic taxation in China now has become one of the important factors to influence the balance of fi- nancial revenue and expenditure. In order to solve this problem, besides collecting new tax categories and expending the income of collecting tax,tax policies should be regulated suitably, tax structure should be perfected and the tax man- agement should be strengthened by the strategic goal of tuming economic growth and the changed economic situation and the structure of tax resources for the purpose to raise tax elasticity and realize tax growth.