Pragmatics of Formation and Realization of Fiscal Policy in Ukraine

Abstract

It is proved that in Ukraine fiscal efficiency of taxation by means of gradual unshadowing of economic relations, contraction of contribution rates to state social funds and implementation of efficient privilege tax mechanisms, promotion of investment activity activation for all without exceptions market subjects can create favourable tax environment management without substantial decrease of current budget income and, what is very important, to insure acceleration of reproducing processes with further more strengthening of tax potential. In case of moderate extension of practice of state borrowing, Ukraine will have additional possibilities of moving of maximum of financial resources to «points» of economic growth with the help of budget financing of investments in economic development and measures of transformation direction without danger of destabilization of functioning of state finance in perspective/