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Does the general public budget revenue include social security?
Total fiscal revenue includes general public budget revenue.
General public budget revenue mainly includes tax revenue, paid use income of state-owned resources, transfer income, administrative fees and other income. Total fiscal revenue is the biggest concept, including the revenue of financial departments, national tax organizations and local tax organizations. General budget revenue refers to the local actual disposable financial resources. After deducting the taxes paid to the central government, if 60% of the income tax is paid to the central government, 75% of the value-added tax paid to the central government belongs to the total fiscal revenue and is not included in the general budget revenue. The general budget revenue includes the local retained portion of the national tax, the local tax deducted from the central portion and the income organized by the financial department.
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