Empirical Analysis on Tax Revenue and Economic Growth in Heilongjiang Province

In recent years, the total tax revenue grows in our province year by year, the tax burden rate also on the rise; an average of tax elasticity is more than one, which is slightly faster than economic growth; revenue of turnover tax accounts for the proportion of the total increase in more than 60%, income tax close to 30 percent, the two together accounts for more than 90% of total income; the secondary industry in our province is still a major contributer to tax revenue, and the tertiary industry's contribution to tax revenues also are on the rise, but compared with the secondary industry still having a great distance, indicated that the tertiary industry's contribution to tax revenues have great potential for development. Therefore, in formulating tax policy, due regard should be given and more attention to be paid to the tertiary industry and tilt.