A Study of the Income Gap Problems and Countermeasures in Comprehensively Deepening Reform -Based on the Perspective of Financial and Tax Policies

Since the opening and reform policy initiated in 1978, China has seen a rapid economic growth, with residents income level improved greatly. Meanwhile, China's income gap between individuals continues to increase, which is doomed to threaten China's future economic growth and social stability; hence, it shall be followed closely by. Financial and tax policies, as an important means of social resources allocation and government macro-control, is of indispensable significance in solving income distribution problems and narrowing the income gap effectively. Based on the framework, goals and implementation approaches of financial and tax policies, it is important to adjust income distribution relationship and boost the starting point, process and outcome fairness of income distribution.