Deficiencies in China's Fiscal Law Legislation and Countermeasures for Improvement

Abstract

As the saying goes, "Finance is the mother of common government", the level of finance reflects the level of governance of a country, and a sound and solid financial foundation is the main driving force to support government administration and promote economic and social development and social stability. The 18th Party Congress proposed that "finance is the foundation and important pillar of national governance", which is a turning milestone in the theory that national finance has evolved from a macro-control tool to the foundation and pillar of national governance, and its function has changed from management to governance. In practice, finance is related to the key areas and the whole point of the national governance system, and has a crucial role in comprehensively promoting the modernization level of China's governance system and governance capacity. To assume this major historical role, the fiscal system needs to be further improved and stabilized. China is a country under the rule of law, and the rule of law is the basic way to govern the country, so the starting point to improve China's fiscal system is to improve China's fiscal legislation so that there is a law to follow, and a scientific and perfect fiscal legislation system is the institutional guarantee to achieve the long-term stability of the country. However, the current fiscal legislation in China is at a low level, and there are gaps in some aspects of the legislation, unclear powers and responsibilities, and other defects, so this paper analyzes the defects of fiscal legislation from the perspective of the legal system of fiscal law, and through the study and summary of foreign fiscal legislation, and combined with the actual situation of the country, put forward relevant suggestions for improvement.