지방소비세의 지방정부별 재원배분 효과 분석

Abstract

The paper analyzes the effects of the local consumption tax and its rate increase on local revenue allocations, and derives policy implications on its allocation formula. The initial allocations of the tax revenues among local governments become very different from the ultimate allocations through various intergovernmental fiscal transfers. To put it concretely, the ratios of the ultimate revenue to the initial local consumption tax in metropolitan and province governments varies in a very wide range. The ratios are also widely different between non-Capital metropolitans as well as between non-Capital provinces, which implies that the weighted formula in favor of non-Capital regions does not work as intended. The policy combination, where an increase in the tax rate is accompanied with a decrease in local shared tax in order to keep the central and local revenues constant, is not acceptable mainly because of increasing the fiscal gap among regional governments and between local governments. Even if local shared tax keeps in a constant rate of internal national tax, the allocation method of the local consumption tax should be improved because the ratios of changes in ultimate revenues to the local consumption taxes are regionally very different.