The Impact of Tax Reduction and Fee Reduction Based on Big Data Algorithm on the High-Quality Development of the Real Economy under the Action of Coupling Effect or Substitution Effect

Abstract

The basic idea of the mass of medical growth is to adhere to local market price thinking with a Chinese touch and follow the development policy of “quality first, efficiency first.” It insists on properly handling a series of important relationships betwixt socialism and market economy, the first to drive the rich later, the government and the market, equality and efficiency, short-term growth and long-term development, China and the international economy, ecology and growth of the region. Under the guidance of the qualitative thinking theory, it combines the strategic goals of China’s economic qualitative development and actively draws on the research results of other countries. It uses big data algorithms to focus on the impact of qualitative development on tax and income reduction in the real economy. It conducts research experiments on the impact of tax reduction and fee reduction based on big data algorithms on the top-notch growth of the real economy. Its experimental data show that: in 2018, the share of primary, tertiary, and primary sector in China’s dimensional economy top-notch growth coordination index was 7.2%, 40.7%, and 52.2%, respectively. Its contribution rate to economic growth was 4.2%, 36.1%, and 59.7%, respectively. From these data, it can be concluded that the top-notch growth of the real economy is getting better and better under the influence of tax reduction and fee reduction by big data algorithms.

Empirical study on the impact of tax reduction on the development of Chinese green energy industry

“…As the value-added tax reform has been in progress, the academic community has gradually shifted its focus to the study of the effects of cutting taxes and administrative fees. From a macroeconomic perspective, tax reduction promotes economic growth [ 11 , 12 ] and reduces the tax burden for most industries, including the real economy [ 13 ]. Njogu LK [ 14 ] used Kenyan national data to conclude that there is a significant negative correlation between the value-added tax rate and gross domestic product.…”

“…Manda S, Bansal SK [ 40 ] believed that the potential positive economic outcomes of corporate tax cuts outweigh the negative ones, and that corporate tax cuts will help improve India’s competitiveness and cost of doing business in the global marketplace. Zhang H [ 13 ] concluded through his study that the real economy is getting better under the effect of tax reduction and fee reduction. Gechert S, Heimberger P [ 41 ] applied meta-regression methods to a new dataset and the results showed that corporate tax cuts promote economic growth.…”

Retracted: The Impact of Tax Reduction and Fee Reduction Based on Big Data Algorithm on the High‐Quality Development of the Real Economy under the Action of Coupling Effect or Substitution Effect

“…This article has been retracted by Hindawi following an investigation undertaken by the publisher [ 1 ]. This investigation has uncovered evidence of one or more of the following indicators of systematic manipulation of the publication process: Discrepancies in scope Discrepancies in the description of the research reported Discrepancies between the availability of data and the research described Inappropriate citations Incoherent, meaningless and/or irrelevant content included in the article Peer-review manipulation …”

“…Tis article has been retracted by Hindawi following an investigation undertaken by the publisher [1]. Tis investigation has uncovered evidence of one or more of the following indicators of systematic manipulation of the publication process:…”