Should China levy social security tax instead of social insurance premium? Why?

As far as fees are concerned, taxes are more stable and legal. In the long run, levying social security tax will be fairer and more standardized than social insurance premium.

In western countries, most of the funds used for social welfare exist in the form of social security tax, and even become the main source of tax revenue. However, there is no basic social security law in China so far, so it is difficult to collect it.

In China, social insurance exists in the form of social insurance, which is only implemented in state-owned enterprises and some collective enterprises. The coverage is small, and it is difficult for the vast rural areas and small and medium-sized enterprises to benefit from it, which is not conducive to the establishment of a harmonious society in China.

Compared with the two methods, the collection and management of social security tax should be based on strict legal provisions, which is mandatory and widely applicable, and can be implemented in the whole society, so that social security can have a stable and reliable source of funds and meet the funding needs of various social security undertakings.