FORMATION OF THE STATE TAX POLICY IN THE INTERESTS OF GROWTH OF PRODUCTION AND HUMAN CAPITAL

The article examines the main directions of the state tax regulation of the production process and the human capital formation. Tax exemptions for certain types of taxes for the period 2010—2012 provided to companies are analyzed: the following conformity was revealed: increase of tax benefits leads to the drop-down budget revenues, but does not guarantee lowering prices for goods, works, services and, as a consequence, prospects of growth of the welfare of population. It is proposed to carry out formation of the adequate tax policy that allows developing business infrastructure, getting tax revenues, minimizing the tax burden of population with regard to dependence on the number of macroeconomic factors (level of inflation, world prices on oil, level of production and wages).

tax policy, tax burden, tax, tax benefits, production capital, human capital, gross domestic product, small business, tax management, economic growth