id	sid	tid	token	lemma	pos
fbem-29600	1	1	frontiers	frontier	NOUN
fbem-29600	1	2	in	in	ADP
fbem-29600	1	3	business	business	NOUN
fbem-29600	1	4	,	,	PUNCT
fbem-29600	1	5	economics	economic	NOUN
fbem-29600	1	6	and	and	CCONJ
fbem-29600	1	7	management	management	NOUN
fbem-29600	1	8	issn	issn	PROPN
fbem-29600	1	9	:	:	PUNCT
fbem-29600	1	10	2766	2766	NUM
fbem-29600	1	11	-	-	PUNCT
fbem-29600	1	12	824x	824x	NUM
fbem-29600	1	13	|	|	ADJ
fbem-29600	1	14	vol	vol	NOUN
fbem-29600	1	15	.	.	PROPN
fbem-29600	1	16	18	18	NUM
fbem-29600	1	17	,	,	PUNCT
fbem-29600	1	18	no	no	INTJ
fbem-29600	1	19	.	.	NOUN
fbem-29600	1	20	2	2	NUM
fbem-29600	1	21	,	,	PUNCT
fbem-29600	1	22	2025	2025	NUM
fbem-29600	1	23	110	110	NUM
fbem-29600	1	24	exploring	explore	VERB
fbem-29600	1	25	the	the	DET
fbem-29600	1	26	macroeconomic	macroeconomic	ADJ
fbem-29600	1	27	effects	effect	NOUN
fbem-29600	1	28	of	of	ADP
fbem-29600	1	29	tax	tax	NOUN
fbem-29600	1	30	and	and	CCONJ
fbem-29600	1	31	fee	fee	NOUN
fbem-29600	1	32	reductions	reduction	NOUN
fbem-29600	1	33	-analysis	-analysis	NOUN
fbem-29600	1	34	based	base	VERB
fbem-29600	1	35	on	on	ADP
fbem-29600	1	36	the	the	DET
fbem-29600	1	37	crowding	crowd	VERB
fbem-29600	1	38	out	out	ADP
fbem-29600	1	39	effect	effect	NOUN
fbem-29600	1	40	of	of	ADP
fbem-29600	1	41	active	active	ADJ
fbem-29600	1	42	fiscal	fiscal	ADJ
fbem-29600	1	43	policy	policy	NOUN
fbem-29600	1	44	xuezhen	xuezhen	PROPN
fbem-29600	1	45	hu	hu	PROPN
fbem-29600	2	1	east	east	PROPN
fbem-29600	2	2	china	china	PROPN
fbem-29600	2	3	university	university	PROPN
fbem-29600	2	4	of	of	ADP
fbem-29600	2	5	political	political	ADJ
fbem-29600	2	6	science	science	NOUN
fbem-29600	2	7	and	and	CCONJ
fbem-29600	2	8	law	law	NOUN
fbem-29600	2	9	,	,	PUNCT
fbem-29600	2	10	china	china	PROPN
fbem-29600	2	11	abstract	abstract	PROPN
fbem-29600	2	12	:	:	PUNCT
fbem-29600	2	13	this	this	DET
fbem-29600	2	14	paper	paper	NOUN
fbem-29600	2	15	combines	combine	VERB
fbem-29600	2	16	the	the	DET
fbem-29600	2	17	is	be	AUX
fbem-29600	2	18	-	-	PUNCT
fbem-29600	2	19	lm	lm	ADJ
fbem-29600	2	20	model	model	NOUN
fbem-29600	2	21	to	to	PART
fbem-29600	2	22	analyze	analyze	VERB
fbem-29600	2	23	the	the	DET
fbem-29600	2	24	macroeconomic	macroeconomic	ADJ
fbem-29600	2	25	effects	effect	NOUN
fbem-29600	2	26	of	of	ADP
fbem-29600	2	27	china	china	PROPN
fbem-29600	2	28	's	's	PART
fbem-29600	2	29	positive	positive	ADJ
fbem-29600	2	30	fiscal	fiscal	ADJ
fbem-29600	2	31	policy	policy	NOUN
fbem-29600	2	32	of	of	ADP
fbem-29600	2	33	reducing	reduce	VERB
fbem-29600	2	34	taxes	taxis	NOUN
fbem-29600	2	35	and	and	CCONJ
fbem-29600	2	36	fees	fee	NOUN
fbem-29600	2	37	,	,	PUNCT
fbem-29600	2	38	including	include	VERB
fbem-29600	2	39	tax	tax	NOUN
fbem-29600	2	40	burden	burden	NOUN
fbem-29600	2	41	,	,	PUNCT
fbem-29600	2	42	output	output	NOUN
fbem-29600	2	43	,	,	PUNCT
fbem-29600	2	44	tax	tax	NOUN
fbem-29600	2	45	structure	structure	NOUN
fbem-29600	2	46	,	,	PUNCT
fbem-29600	2	47	consumption	consumption	NOUN
fbem-29600	2	48	and	and	CCONJ
fbem-29600	2	49	investment	investment	NOUN
fbem-29600	2	50	,	,	PUNCT
fbem-29600	2	51	in	in	ADP
fbem-29600	2	52	the	the	DET
fbem-29600	2	53	stage	stage	NOUN
fbem-29600	2	54	of	of	ADP
fbem-29600	2	55	combined	combined	ADJ
fbem-29600	2	56	tax	tax	NOUN
fbem-29600	2	57	cuts	cut	NOUN
fbem-29600	2	58	and	and	CCONJ
fbem-29600	2	59	fee	fee	NOUN
fbem-29600	2	60	reductions	reduction	NOUN
fbem-29600	2	61	after	after	ADP
fbem-29600	2	62	the	the	DET
fbem-29600	2	63	"	"	PUNCT
fbem-29600	2	64	camp	camp	NOUN
fbem-29600	2	65	reform	reform	NOUN
fbem-29600	2	66	"	"	PUNCT
fbem-29600	2	67	in	in	ADP
fbem-29600	2	68	2016	2016	NUM
fbem-29600	2	69	.	.	PUNCT
fbem-29600	3	1	through	through	ADP
fbem-29600	3	2	the	the	DET
fbem-29600	3	3	analysis	analysis	NOUN
fbem-29600	3	4	of	of	ADP
fbem-29600	3	5	specific	specific	ADJ
fbem-29600	3	6	data	datum	NOUN
fbem-29600	3	7	,	,	PUNCT
fbem-29600	3	8	in	in	ADP
fbem-29600	3	9	this	this	DET
fbem-29600	3	10	stage	stage	NOUN
fbem-29600	3	11	,	,	PUNCT
fbem-29600	3	12	china	china	PROPN
fbem-29600	3	13	's	's	PART
fbem-29600	3	14	overall	overall	ADJ
fbem-29600	3	15	tax	tax	NOUN
fbem-29600	3	16	burden	burden	NOUN
fbem-29600	3	17	continues	continue	VERB
fbem-29600	3	18	to	to	PART
fbem-29600	3	19	decline	decline	VERB
fbem-29600	3	20	,	,	PUNCT
fbem-29600	3	21	the	the	DET
fbem-29600	3	22	level	level	NOUN
fbem-29600	3	23	of	of	ADP
fbem-29600	3	24	output	output	NOUN
fbem-29600	3	25	rises	rise	VERB
fbem-29600	3	26	slowly	slowly	ADV
fbem-29600	3	27	,	,	PUNCT
fbem-29600	3	28	the	the	DET
fbem-29600	3	29	value	value	NOUN
fbem-29600	3	30	-	-	PUNCT
fbem-29600	3	31	added	add	VERB
fbem-29600	3	32	tax	tax	NOUN
fbem-29600	3	33	accounted	account	VERB
fbem-29600	3	34	for	for	ADP
fbem-29600	3	35	the	the	DET
fbem-29600	3	36	proportion	proportion	NOUN
fbem-29600	3	37	of	of	ADP
fbem-29600	3	38	tax	tax	NOUN
fbem-29600	3	39	revenue	revenue	NOUN
fbem-29600	3	40	declines	decline	NOUN
fbem-29600	3	41	while	while	SCONJ
fbem-29600	3	42	the	the	DET
fbem-29600	3	43	proportion	proportion	NOUN
fbem-29600	3	44	of	of	ADP
fbem-29600	3	45	income	income	NOUN
fbem-29600	3	46	tax	tax	NOUN
fbem-29600	3	47	accounted	account	VERB
fbem-29600	3	48	for	for	ADP
fbem-29600	3	49	tax	tax	NOUN
fbem-29600	3	50	revenue	revenue	NOUN
fbem-29600	3	51	rises	rise	NOUN
fbem-29600	3	52	,	,	PUNCT
fbem-29600	3	53	the	the	DET
fbem-29600	3	54	tax	tax	NOUN
fbem-29600	3	55	structure	structure	NOUN
fbem-29600	3	56	changes	change	NOUN
fbem-29600	3	57	,	,	PUNCT
fbem-29600	3	58	the	the	DET
fbem-29600	3	59	level	level	NOUN
fbem-29600	3	60	of	of	ADP
fbem-29600	3	61	consumption	consumption	NOUN
fbem-29600	3	62	remains	remains	AUX
fbem-29600	3	63	rising	rise	VERB
fbem-29600	3	64	,	,	PUNCT
fbem-29600	3	65	in	in	ADP
fbem-29600	3	66	terms	term	NOUN
fbem-29600	3	67	of	of	ADP
fbem-29600	3	68	investment	investment	NOUN
fbem-29600	3	69	,	,	PUNCT
fbem-29600	3	70	the	the	DET
fbem-29600	3	71	growth	growth	NOUN
fbem-29600	3	72	rate	rate	NOUN
fbem-29600	3	73	of	of	ADP
fbem-29600	3	74	private	private	ADJ
fbem-29600	3	75	-	-	PUNCT
fbem-29600	3	76	sector	sector	NOUN
fbem-29600	3	77	investment	investment	NOUN
fbem-29600	3	78	in	in	ADP
fbem-29600	3	79	the	the	DET
fbem-29600	3	80	post	post	ADJ
fbem-29600	3	81	-	-	ADJ
fbem-29600	3	82	tax	tax	ADJ
fbem-29600	3	83	cut	cut	NOUN
fbem-29600	3	84	policy	policy	NOUN
fbem-29600	3	85	has	have	VERB
fbem-29600	3	86	a	a	DET
fbem-29600	3	87	significant	significant	ADJ
fbem-29600	3	88	decline	decline	NOUN
fbem-29600	3	89	,	,	PUNCT
fbem-29600	3	90	there	there	PRON
fbem-29600	3	91	is	be	VERB
fbem-29600	3	92	the	the	DET
fbem-29600	3	93	possibility	possibility	NOUN
fbem-29600	3	94	of	of	ADP
fbem-29600	3	95	fiscal	fiscal	ADJ
fbem-29600	3	96	crowding	crowding	NOUN
fbem-29600	3	97	out	out	ADP
fbem-29600	3	98	.	.	PUNCT
fbem-29600	4	1	for	for	ADP
fbem-29600	4	2	the	the	DET
fbem-29600	4	3	tax	tax	NOUN
fbem-29600	4	4	cut	cut	NOUN
fbem-29600	4	5	and	and	CCONJ
fbem-29600	4	6	fee	fee	NOUN
fbem-29600	4	7	reduction	reduction	NOUN
fbem-29600	4	8	policy	policy	NOUN
fbem-29600	4	9	at	at	ADP
fbem-29600	4	10	this	this	DET
fbem-29600	4	11	stage	stage	NOUN
fbem-29600	4	12	,	,	PUNCT
fbem-29600	4	13	it	it	PRON
fbem-29600	4	14	is	be	AUX
fbem-29600	4	15	proposed	propose	VERB
fbem-29600	4	16	that	that	SCONJ
fbem-29600	4	17	while	while	SCONJ
fbem-29600	4	18	adopting	adopt	VERB
fbem-29600	4	19	tax	tax	NOUN
fbem-29600	4	20	cuts	cut	NOUN
fbem-29600	4	21	as	as	ADP
fbem-29600	4	22	a	a	DET
fbem-29600	4	23	fiscal	fiscal	ADJ
fbem-29600	4	24	policy	policy	NOUN
fbem-29600	4	25	tool	tool	NOUN
fbem-29600	4	26	to	to	PART
fbem-29600	4	27	act	act	VERB
fbem-29600	4	28	against	against	ADP
fbem-29600	4	29	the	the	DET
fbem-29600	4	30	economic	economic	ADJ
fbem-29600	4	31	winds	wind	NOUN
fbem-29600	4	32	,	,	PUNCT
fbem-29600	4	33	it	it	PRON
fbem-29600	4	34	can	can	AUX
fbem-29600	4	35	be	be	AUX
fbem-29600	4	36	combined	combine	VERB
fbem-29600	4	37	with	with	ADP
fbem-29600	4	38	monetary	monetary	ADJ
fbem-29600	4	39	policy	policy	NOUN
fbem-29600	4	40	;	;	PUNCT
fbem-29600	4	41	combining	combine	VERB
fbem-29600	4	42	tax	tax	NOUN
fbem-29600	4	43	cuts	cut	NOUN
fbem-29600	4	44	with	with	ADP
fbem-29600	4	45	economic	economic	ADJ
fbem-29600	4	46	and	and	CCONJ
fbem-29600	4	47	social	social	ADJ
fbem-29600	4	48	development	development	NOUN
fbem-29600	4	49	trends	trend	NOUN
fbem-29600	4	50	,	,	PUNCT
fbem-29600	4	51	and	and	CCONJ
fbem-29600	4	52	promoting	promote	VERB
fbem-29600	4	53	the	the	DET
fbem-29600	4	54	combination	combination	NOUN
fbem-29600	4	55	of	of	ADP
fbem-29600	4	56	tax	tax	NOUN
fbem-29600	4	57	cuts	cut	NOUN
fbem-29600	4	58	with	with	ADP
fbem-29600	4	59	optimization	optimization	NOUN
fbem-29600	4	60	of	of	ADP
fbem-29600	4	61	the	the	DET
fbem-29600	4	62	tax	tax	NOUN
fbem-29600	4	63	system	system	NOUN
fbem-29600	4	64	;	;	PUNCT
fbem-29600	4	65	and	and	CCONJ
fbem-29600	4	66	upgrading	upgrade	VERB
fbem-29600	4	67	the	the	DET
fbem-29600	4	68	level	level	NOUN
fbem-29600	4	69	of	of	ADP
fbem-29600	4	70	tax	tax	NOUN
fbem-29600	4	71	collection	collection	NOUN
fbem-29600	4	72	and	and	CCONJ
fbem-29600	4	73	management	management	NOUN
fbem-29600	4	74	and	and	CCONJ
fbem-29600	4	75	improving	improve	VERB
fbem-29600	4	76	the	the	DET
fbem-29600	4	77	efficiency	efficiency	NOUN
fbem-29600	4	78	of	of	ADP
fbem-29600	4	79	the	the	DET
fbem-29600	4	80	use	use	NOUN
fbem-29600	4	81	of	of	ADP
fbem-29600	4	82	fiscal	fiscal	ADJ
fbem-29600	4	83	expenditure	expenditure	NOUN
fbem-29600	4	84	funds	fund	NOUN
fbem-29600	4	85	,	,	PUNCT
fbem-29600	4	86	and	and	CCONJ
fbem-29600	4	87	other	other	ADJ
fbem-29600	4	88	policy	policy	NOUN
fbem-29600	4	89	recommendations	recommendation	NOUN
fbem-29600	4	90	.	.	PUNCT
fbem-29600	5	1	keywords	keyword	NOUN
fbem-29600	5	2	:	:	PUNCT
fbem-29600	5	3	is	be	AUX
fbem-29600	5	4	-	-	PUNCT
fbem-29600	5	5	lm	lm	NUM
fbem-29600	5	6	model	model	NOUN
fbem-29600	5	7	,	,	PUNCT
fbem-29600	5	8	tax	tax	NOUN
fbem-29600	5	9	cuts	cut	NOUN
fbem-29600	5	10	and	and	CCONJ
fbem-29600	5	11	fee	fee	NOUN
fbem-29600	5	12	reductions	reduction	NOUN
fbem-29600	5	13	,	,	PUNCT
fbem-29600	5	14	macroeconomic	macroeconomic	ADJ
fbem-29600	5	15	.	.	PUNCT
fbem-29600	6	1	1	1	X
fbem-29600	6	2	.	.	X
fbem-29600	6	3	introduction	introduction	NOUN
fbem-29600	6	4	in	in	ADP
fbem-29600	6	5	recent	recent	ADJ
fbem-29600	6	6	years	year	NOUN
fbem-29600	6	7	,	,	PUNCT
fbem-29600	6	8	china	china	PROPN
fbem-29600	6	9	's	's	PART
fbem-29600	6	10	economy	economy	NOUN
fbem-29600	6	11	is	be	AUX
fbem-29600	6	12	facing	face	VERB
fbem-29600	6	13	a	a	DET
fbem-29600	6	14	slowdown	slowdown	NOUN
fbem-29600	6	15	in	in	ADP
fbem-29600	6	16	growth	growth	NOUN
fbem-29600	6	17	,	,	PUNCT
fbem-29600	6	18	increasing	increase	VERB
fbem-29600	6	19	downward	downward	ADJ
fbem-29600	6	20	pressure	pressure	NOUN
fbem-29600	6	21	,	,	PUNCT
fbem-29600	6	22	the	the	DET
fbem-29600	6	23	economy	economy	NOUN
fbem-29600	6	24	needs	need	VERB
fbem-29600	6	25	a	a	DET
fbem-29600	6	26	soft	soft	ADJ
fbem-29600	6	27	landing	landing	NOUN
fbem-29600	6	28	,	,	PUNCT
fbem-29600	6	29	quality	quality	NOUN
fbem-29600	6	30	and	and	CCONJ
fbem-29600	6	31	efficiency	efficiency	NOUN
fbem-29600	6	32	,	,	PUNCT
fbem-29600	6	33	the	the	DET
fbem-29600	6	34	international	international	ADJ
fbem-29600	6	35	situation	situation	NOUN
fbem-29600	6	36	is	be	AUX
fbem-29600	6	37	changing	change	VERB
fbem-29600	6	38	,	,	PUNCT
fbem-29600	6	39	anti	anti	ADJ
fbem-29600	6	40	-	-	ADJ
fbem-29600	6	41	globalization	globalization	ADJ
fbem-29600	6	42	and	and	CCONJ
fbem-29600	6	43	geopolitics	geopolitic	NOUN
fbem-29600	6	44	lead	lead	VERB
fbem-29600	6	45	to	to	ADP
fbem-29600	6	46	increased	increase	VERB
fbem-29600	6	47	instability	instability	NOUN
fbem-29600	6	48	,	,	PUNCT
fbem-29600	6	49	especially	especially	ADV
fbem-29600	6	50	since	since	SCONJ
fbem-29600	6	51	2020	2020	NUM
fbem-29600	6	52	,	,	PUNCT
fbem-29600	6	53	the	the	DET
fbem-29600	6	54	economy	economy	NOUN
fbem-29600	6	55	is	be	AUX
fbem-29600	6	56	subject	subject	ADJ
fbem-29600	6	57	to	to	ADP
fbem-29600	6	58	a	a	DET
fbem-29600	6	59	huge	huge	ADJ
fbem-29600	6	60	impact	impact	NOUN
fbem-29600	6	61	of	of	ADP
fbem-29600	6	62	the	the	DET
fbem-29600	6	63	epidemic	epidemic	NOUN
fbem-29600	6	64	,	,	PUNCT
fbem-29600	6	65	facing	face	VERB
fbem-29600	6	66	the	the	DET
fbem-29600	6	67	internal	internal	ADJ
fbem-29600	6	68	and	and	CCONJ
fbem-29600	6	69	external	external	ADJ
fbem-29600	6	70	factors	factor	NOUN
fbem-29600	6	71	of	of	ADP
fbem-29600	6	72	the	the	DET
fbem-29600	6	73	situation	situation	NOUN
fbem-29600	6	74	,	,	PUNCT
fbem-29600	6	75	how	how	SCONJ
fbem-29600	6	76	to	to	PART
fbem-29600	6	77	alleviate	alleviate	VERB
fbem-29600	6	78	the	the	DET
fbem-29600	6	79	difficulties	difficulty	NOUN
fbem-29600	6	80	is	be	AUX
fbem-29600	6	81	an	an	DET
fbem-29600	6	82	urgent	urgent	ADJ
fbem-29600	6	83	issue	issue	NOUN
fbem-29600	6	84	to	to	PART
fbem-29600	6	85	explore	explore	VERB
fbem-29600	6	86	.	.	PUNCT
fbem-29600	7	1	since	since	SCONJ
fbem-29600	7	2	the	the	DET
fbem-29600	7	3	introduction	introduction	NOUN
fbem-29600	7	4	of	of	ADP
fbem-29600	7	5	the	the	DET
fbem-29600	7	6	"	"	PUNCT
fbem-29600	7	7	camp	camp	NOUN
fbem-29600	7	8	to	to	PART
fbem-29600	7	9	increase	increase	VERB
fbem-29600	7	10	"	"	PUNCT
fbem-29600	7	11	policy	policy	NOUN
fbem-29600	7	12	,	,	PUNCT
fbem-29600	7	13	china	china	PROPN
fbem-29600	7	14	has	have	AUX
fbem-29600	7	15	begun	begin	VERB
fbem-29600	7	16	to	to	PART
fbem-29600	7	17	reduce	reduce	VERB
fbem-29600	7	18	the	the	DET
fbem-29600	7	19	value	value	NOUN
fbem-29600	7	20	-	-	PUNCT
fbem-29600	7	21	added	add	VERB
fbem-29600	7	22	tax	tax	NOUN
fbem-29600	7	23	(	(	PUNCT
fbem-29600	7	24	vat	vat	NOUN
fbem-29600	7	25	)	)	PUNCT
fbem-29600	7	26	rate	rate	NOUN
fbem-29600	7	27	several	several	ADJ
fbem-29600	7	28	times	time	NOUN
fbem-29600	7	29	,	,	PUNCT
fbem-29600	7	30	and	and	CCONJ
fbem-29600	7	31	continue	continue	VERB
fbem-29600	7	32	to	to	PART
fbem-29600	7	33	reduce	reduce	VERB
fbem-29600	7	34	the	the	DET
fbem-29600	7	35	tax	tax	NOUN
fbem-29600	7	36	burden	burden	NOUN
fbem-29600	7	37	on	on	ADP
fbem-29600	7	38	the	the	DET
fbem-29600	7	39	market	market	NOUN
fbem-29600	7	40	.	.	PUNCT
fbem-29600	8	1	reducing	reduce	VERB
fbem-29600	8	2	taxes	taxis	NOUN
fbem-29600	8	3	and	and	CCONJ
fbem-29600	8	4	fees	fee	NOUN
fbem-29600	8	5	is	be	AUX
fbem-29600	8	6	not	not	PART
fbem-29600	8	7	only	only	ADV
fbem-29600	8	8	one	one	NUM
fbem-29600	8	9	of	of	ADP
fbem-29600	8	10	the	the	DET
fbem-29600	8	11	ways	way	NOUN
fbem-29600	8	12	to	to	PART
fbem-29600	8	13	cope	cope	VERB
fbem-29600	8	14	with	with	ADP
fbem-29600	8	15	external	external	ADJ
fbem-29600	8	16	shocks	shock	NOUN
fbem-29600	8	17	,	,	PUNCT
fbem-29600	8	18	alleviate	alleviate	VERB
fbem-29600	8	19	the	the	DET
fbem-29600	8	20	business	business	NOUN
fbem-29600	8	21	difficulties	difficulty	NOUN
fbem-29600	8	22	of	of	ADP
fbem-29600	8	23	enterprises	enterprise	NOUN
fbem-29600	8	24	and	and	CCONJ
fbem-29600	8	25	stimulate	stimulate	VERB
fbem-29600	8	26	the	the	DET
fbem-29600	8	27	enthusiasm	enthusiasm	NOUN
fbem-29600	8	28	of	of	ADP
fbem-29600	8	29	all	all	DET
fbem-29600	8	30	parties	party	NOUN
fbem-29600	8	31	,	,	PUNCT
fbem-29600	8	32	but	but	CCONJ
fbem-29600	8	33	also	also	ADV
fbem-29600	8	34	meets	meet	VERB
fbem-29600	8	35	the	the	DET
fbem-29600	8	36	requirements	requirement	NOUN
fbem-29600	8	37	of	of	ADP
fbem-29600	8	38	china	china	PROPN
fbem-29600	8	39	's	's	PART
fbem-29600	8	40	supply	supply	NOUN
fbem-29600	8	41	-	-	PUNCT
fbem-29600	8	42	side	side	NOUN
fbem-29600	8	43	reform	reform	NOUN
fbem-29600	8	44	.	.	PUNCT
fbem-29600	9	1	the	the	DET
fbem-29600	9	2	regulation	regulation	NOUN
fbem-29600	9	3	of	of	ADP
fbem-29600	9	4	taxes	taxis	NOUN
fbem-29600	9	5	and	and	CCONJ
fbem-29600	9	6	fees	fee	NOUN
fbem-29600	9	7	is	be	AUX
fbem-29600	9	8	an	an	DET
fbem-29600	9	9	important	important	ADJ
fbem-29600	9	10	means	mean	NOUN
fbem-29600	9	11	of	of	ADP
fbem-29600	9	12	fiscal	fiscal	ADJ
fbem-29600	9	13	policy	policy	NOUN
fbem-29600	9	14	,	,	PUNCT
fbem-29600	9	15	and	and	CCONJ
fbem-29600	9	16	tax	tax	NOUN
fbem-29600	9	17	cuts	cut	NOUN
fbem-29600	9	18	and	and	CCONJ
fbem-29600	9	19	fee	fee	NOUN
fbem-29600	9	20	reductions	reduction	NOUN
fbem-29600	9	21	are	be	AUX
fbem-29600	9	22	used	use	VERB
fbem-29600	9	23	as	as	ADP
fbem-29600	9	24	a	a	DET
fbem-29600	9	25	positive	positive	ADJ
fbem-29600	9	26	fiscal	fiscal	ADJ
fbem-29600	9	27	policy	policy	NOUN
fbem-29600	9	28	to	to	PART
fbem-29600	9	29	reduce	reduce	VERB
fbem-29600	9	30	the	the	DET
fbem-29600	9	31	burden	burden	NOUN
fbem-29600	9	32	on	on	ADP
fbem-29600	9	33	enterprises	enterprise	NOUN
fbem-29600	9	34	and	and	CCONJ
fbem-29600	9	35	individuals	individual	NOUN
fbem-29600	9	36	by	by	ADP
fbem-29600	9	37	reducing	reduce	VERB
fbem-29600	9	38	taxes	taxis	NOUN
fbem-29600	9	39	,	,	PUNCT
fbem-29600	9	40	thereby	thereby	ADV
fbem-29600	9	41	expecting	expect	VERB
fbem-29600	9	42	to	to	PART
fbem-29600	9	43	promote	promote	VERB
fbem-29600	9	44	individual	individual	ADJ
fbem-29600	9	45	consumption	consumption	NOUN
fbem-29600	9	46	,	,	PUNCT
fbem-29600	9	47	expand	expand	VERB
fbem-29600	9	48	domestic	domestic	ADJ
fbem-29600	9	49	demand	demand	NOUN
fbem-29600	9	50	and	and	CCONJ
fbem-29600	9	51	stimulate	stimulate	VERB
fbem-29600	9	52	the	the	DET
fbem-29600	9	53	economy	economy	NOUN
fbem-29600	9	54	.	.	PUNCT
fbem-29600	10	1	although	although	SCONJ
fbem-29600	10	2	this	this	DET
fbem-29600	10	3	kind	kind	NOUN
fbem-29600	10	4	of	of	ADP
fbem-29600	10	5	fiscal	fiscal	ADJ
fbem-29600	10	6	policy	policy	NOUN
fbem-29600	10	7	can	can	AUX
fbem-29600	10	8	increase	increase	VERB
fbem-29600	10	9	output	output	NOUN
fbem-29600	10	10	to	to	ADP
fbem-29600	10	11	a	a	DET
fbem-29600	10	12	certain	certain	ADJ
fbem-29600	10	13	extent	extent	NOUN
fbem-29600	10	14	,	,	PUNCT
fbem-29600	10	15	we	we	PRON
fbem-29600	10	16	should	should	AUX
fbem-29600	10	17	not	not	PART
fbem-29600	10	18	ignore	ignore	VERB
fbem-29600	10	19	the	the	DET
fbem-29600	10	20	fact	fact	NOUN
fbem-29600	10	21	that	that	SCONJ
fbem-29600	10	22	the	the	DET
fbem-29600	10	23	money	money	NOUN
fbem-29600	10	24	market	market	NOUN
fbem-29600	10	25	will	will	AUX
fbem-29600	10	26	also	also	ADV
fbem-29600	10	27	change	change	VERB
fbem-29600	10	28	as	as	ADP
fbem-29600	10	29	a	a	DET
fbem-29600	10	30	result	result	NOUN
fbem-29600	10	31	.	.	PUNCT
fbem-29600	11	1	the	the	DET
fbem-29600	11	2	role	role	NOUN
fbem-29600	11	3	of	of	ADP
fbem-29600	11	4	tax	tax	NOUN
fbem-29600	11	5	cuts	cut	NOUN
fbem-29600	11	6	and	and	CCONJ
fbem-29600	11	7	fee	fee	NOUN
fbem-29600	11	8	reductions	reduction	NOUN
fbem-29600	11	9	is	be	AUX
fbem-29600	11	10	similar	similar	ADJ
fbem-29600	11	11	to	to	ADP
fbem-29600	11	12	the	the	DET
fbem-29600	11	13	expansion	expansion	NOUN
fbem-29600	11	14	of	of	ADP
fbem-29600	11	15	government	government	NOUN
fbem-29600	11	16	spending	spending	NOUN
fbem-29600	11	17	,	,	PUNCT
fbem-29600	11	18	which	which	PRON
fbem-29600	11	19	will	will	AUX
fbem-29600	11	20	lead	lead	VERB
fbem-29600	11	21	to	to	ADP
fbem-29600	11	22	the	the	DET
fbem-29600	11	23	crowding	crowd	VERB
fbem-29600	11	24	out	out	ADP
fbem-29600	11	25	of	of	ADP
fbem-29600	11	26	private	private	ADJ
fbem-29600	11	27	sector	sector	NOUN
fbem-29600	11	28	investment	investment	NOUN
fbem-29600	11	29	,	,	PUNCT
fbem-29600	11	30	thus	thus	ADV
fbem-29600	11	31	offsetting	offset	VERB
fbem-29600	11	32	part	part	NOUN
fbem-29600	11	33	of	of	ADP
fbem-29600	11	34	the	the	DET
fbem-29600	11	35	increase	increase	NOUN
fbem-29600	11	36	in	in	ADP
fbem-29600	11	37	output	output	NOUN
fbem-29600	11	38	.	.	PUNCT
fbem-29600	12	1	as	as	ADP
fbem-29600	12	2	for	for	ADP
fbem-29600	12	3	how	how	SCONJ
fbem-29600	12	4	big	big	ADJ
fbem-29600	12	5	the	the	DET
fbem-29600	12	6	crowding	crowd	VERB
fbem-29600	12	7	out	out	ADP
fbem-29600	12	8	effect	effect	NOUN
fbem-29600	12	9	is	be	AUX
fbem-29600	12	10	,	,	PUNCT
fbem-29600	12	11	how	how	SCONJ
fbem-29600	12	12	much	much	ADJ
fbem-29600	12	13	the	the	DET
fbem-29600	12	14	tax	tax	NOUN
fbem-29600	12	15	cut	cut	NOUN
fbem-29600	12	16	policy	policy	NOUN
fbem-29600	12	17	can	can	AUX
fbem-29600	12	18	ultimately	ultimately	ADV
fbem-29600	12	19	play	play	VERB
fbem-29600	12	20	a	a	DET
fbem-29600	12	21	role	role	NOUN
fbem-29600	12	22	,	,	PUNCT
fbem-29600	12	23	and	and	CCONJ
fbem-29600	12	24	how	how	SCONJ
fbem-29600	12	25	its	its	PRON
fbem-29600	12	26	macroeconomic	macroeconomic	ADJ
fbem-29600	12	27	effect	effect	NOUN
fbem-29600	12	28	is	be	AUX
fbem-29600	12	29	,	,	PUNCT
fbem-29600	12	30	the	the	DET
fbem-29600	12	31	crowding	crowd	VERB
fbem-29600	12	32	out	out	ADP
fbem-29600	12	33	effect	effect	NOUN
fbem-29600	12	34	and	and	CCONJ
fbem-29600	12	35	the	the	DET
fbem-29600	12	36	multiplier	multipli	ADJ
fbem-29600	12	37	effect	effect	NOUN
fbem-29600	12	38	shall	shall	AUX
fbem-29600	12	39	be	be	AUX
fbem-29600	12	40	analyzed	analyze	VERB
fbem-29600	12	41	,	,	PUNCT
fbem-29600	12	42	and	and	CCONJ
fbem-29600	12	43	then	then	ADV
fbem-29600	12	44	for	for	ADP
fbem-29600	12	45	china	china	PROPN
fbem-29600	12	46	's	's	PART
fbem-29600	12	47	current	current	ADJ
fbem-29600	12	48	situation	situation	NOUN
fbem-29600	12	49	,	,	PUNCT
fbem-29600	12	50	to	to	PART
fbem-29600	12	51	provide	provide	VERB
fbem-29600	12	52	a	a	DET
fbem-29600	12	53	certain	certain	ADJ
fbem-29600	12	54	amount	amount	NOUN
fbem-29600	12	55	of	of	ADP
fbem-29600	12	56	subsequent	subsequent	ADJ
fbem-29600	12	57	tax	tax	NOUN
fbem-29600	12	58	reform	reform	NOUN
fbem-29600	12	59	and	and	CCONJ
fbem-29600	12	60	tax	tax	NOUN
fbem-29600	12	61	cut	cut	NOUN
fbem-29600	12	62	policy	policy	NOUN
fbem-29600	12	63	.	.	PUNCT
fbem-29600	13	1	the	the	DET
fbem-29600	13	2	current	current	ADJ
fbem-29600	13	3	situation	situation	NOUN
fbem-29600	13	4	of	of	ADP
fbem-29600	13	5	china	china	PROPN
fbem-29600	13	6	will	will	AUX
fbem-29600	13	7	then	then	ADV
fbem-29600	13	8	be	be	AUX
fbem-29600	13	9	analyzed	analyze	VERB
fbem-29600	13	10	to	to	PART
fbem-29600	13	11	provide	provide	VERB
fbem-29600	13	12	a	a	DET
fbem-29600	13	13	certain	certain	ADJ
fbem-29600	13	14	reference	reference	NOUN
fbem-29600	13	15	for	for	ADP
fbem-29600	13	16	the	the	DET
fbem-29600	13	17	subsequent	subsequent	ADJ
fbem-29600	13	18	tax	tax	NOUN
fbem-29600	13	19	reform	reform	NOUN
fbem-29600	13	20	and	and	CCONJ
fbem-29600	13	21	tax	tax	NOUN
fbem-29600	13	22	reduction	reduction	NOUN
fbem-29600	13	23	policies	policy	NOUN
fbem-29600	13	24	.	.	PUNCT
fbem-29600	14	1	2	2	X
fbem-29600	14	2	.	.	X
fbem-29600	14	3	literature	literature	NOUN
fbem-29600	14	4	review	review	PROPN
fbem-29600	14	5	tax	tax	NOUN
fbem-29600	14	6	cuts	cut	NOUN
fbem-29600	14	7	have	have	AUX
fbem-29600	14	8	always	always	ADV
fbem-29600	14	9	been	be	AUX
fbem-29600	14	10	a	a	DET
fbem-29600	14	11	hot	hot	ADJ
fbem-29600	14	12	issue	issue	NOUN
fbem-29600	14	13	in	in	ADP
fbem-29600	14	14	taxation	taxation	NOUN
fbem-29600	14	15	,	,	PUNCT
fbem-29600	14	16	and	and	CCONJ
fbem-29600	14	17	theoretically	theoretically	ADV
fbem-29600	14	18	it	it	PRON
fbem-29600	14	19	can	can	AUX
fbem-29600	14	20	be	be	AUX
fbem-29600	14	21	traced	trace	VERB
fbem-29600	14	22	back	back	ADV
fbem-29600	14	23	to	to	ADP
fbem-29600	14	24	the	the	DET
fbem-29600	14	25	period	period	NOUN
fbem-29600	14	26	of	of	ADP
fbem-29600	14	27	ricardo	ricardo	NOUN
fbem-29600	14	28	,	,	PUNCT
fbem-29600	14	29	in	in	ADP
fbem-29600	14	30	whose	whose	DET
fbem-29600	14	31	principles	principle	NOUN
fbem-29600	14	32	of	of	ADP
fbem-29600	14	33	political	political	ADJ
fbem-29600	14	34	economy	economy	NOUN
fbem-29600	14	35	and	and	CCONJ
fbem-29600	14	36	taxation	taxation	NOUN
fbem-29600	14	37	he	he	PRON
fbem-29600	14	38	put	put	VERB
fbem-29600	14	39	forward	forward	ADV
fbem-29600	14	40	the	the	DET
fbem-29600	14	41	idea	idea	NOUN
fbem-29600	14	42	of	of	ADP
fbem-29600	14	43	what	what	PRON
fbem-29600	14	44	we	we	PRON
fbem-29600	14	45	later	later	ADV
fbem-29600	14	46	called	call	VERB
fbem-29600	14	47	ricardo	ricardo	PROPN
fbem-29600	14	48	's	's	PART
fbem-29600	14	49	equivalence	equivalence	NOUN
fbem-29600	14	50	theorem	theorem	VERB
fbem-29600	14	51	,	,	PUNCT
fbem-29600	14	52	which	which	PRON
fbem-29600	14	53	argued	argue	VERB
fbem-29600	14	54	that	that	SCONJ
fbem-29600	14	55	the	the	DET
fbem-29600	14	56	public	public	ADJ
fbem-29600	14	57	debt	debt	NOUN
fbem-29600	14	58	is	be	AUX
fbem-29600	14	59	a	a	DET
fbem-29600	14	60	delayed	delay	VERB
fbem-29600	14	61	tax	tax	NOUN
fbem-29600	14	62	,	,	PUNCT
fbem-29600	14	63	and	and	CCONJ
fbem-29600	14	64	that	that	SCONJ
fbem-29600	14	65	the	the	DET
fbem-29600	14	66	consumer	consumer	NOUN
fbem-29600	14	67	is	be	AUX
fbem-29600	14	68	rational	rational	ADJ
fbem-29600	14	69	,	,	PUNCT
fbem-29600	14	70	so	so	SCONJ
fbem-29600	14	71	that	that	SCONJ
fbem-29600	14	72	in	in	ADP
fbem-29600	14	73	accordance	accordance	NOUN
fbem-29600	14	74	with	with	ADP
fbem-29600	14	75	this	this	DET
fbem-29600	14	76	theory	theory	NOUN
fbem-29600	14	77	the	the	DET
fbem-29600	14	78	government	government	NOUN
fbem-29600	14	79	will	will	AUX
fbem-29600	14	80	not	not	PART
fbem-29600	14	81	affect	affect	VERB
fbem-29600	14	82	the	the	DET
fbem-29600	14	83	consumer	consumer	NOUN
fbem-29600	14	84	's	's	PART
fbem-29600	14	85	decision	decision	NOUN
fbem-29600	14	86	-	-	PUNCT
fbem-29600	14	87	making	making	NOUN
fbem-29600	14	88	whether	whether	SCONJ
fbem-29600	14	89	it	it	PRON
fbem-29600	14	90	is	be	AUX
fbem-29600	14	91	issuing	issue	VERB
fbem-29600	14	92	the	the	DET
fbem-29600	14	93	public	public	ADJ
fbem-29600	14	94	debt	debt	NOUN
fbem-29600	14	95	or	or	CCONJ
fbem-29600	14	96	levying	levy	VERB
fbem-29600	14	97	the	the	DET
fbem-29600	14	98	tax	tax	NOUN
fbem-29600	14	99	,	,	PUNCT
fbem-29600	14	100	and	and	CCONJ
fbem-29600	14	101	so	so	ADV
fbem-29600	14	102	the	the	DET
fbem-29600	14	103	government	government	NOUN
fbem-29600	14	104	's	's	PART
fbem-29600	14	105	issuance	issuance	NOUN
fbem-29600	14	106	of	of	ADP
fbem-29600	14	107	the	the	DET
fbem-29600	14	108	public	public	ADJ
fbem-29600	14	109	debt	debt	NOUN
fbem-29600	14	110	will	will	AUX
fbem-29600	14	111	not	not	PART
fbem-29600	14	112	affect	affect	VERB
fbem-29600	14	113	the	the	DET
fbem-29600	14	114	interest	interest	NOUN
fbem-29600	14	115	rate	rate	NOUN
fbem-29600	14	116	and	and	CCONJ
fbem-29600	14	117	will	will	AUX
fbem-29600	14	118	not	not	PART
fbem-29600	14	119	crowd	crowd	VERB
fbem-29600	14	120	out	out	ADP
fbem-29600	14	121	private	private	ADJ
fbem-29600	14	122	sector	sector	NOUN
fbem-29600	14	123	investment	investment	NOUN
fbem-29600	14	124	.	.	PUNCT
fbem-29600	15	1	in	in	ADP
fbem-29600	15	2	the	the	DET
fbem-29600	15	3	1930s	1930	NOUN
fbem-29600	15	4	,	,	PUNCT
fbem-29600	15	5	keynesianism	keynesianism	PROPN
fbem-29600	15	6	emerged	emerge	VERB
fbem-29600	15	7	,	,	PUNCT
fbem-29600	15	8	advocating	advocate	VERB
fbem-29600	15	9	the	the	DET
fbem-29600	15	10	use	use	NOUN
fbem-29600	15	11	of	of	ADP
fbem-29600	15	12	expansionary	expansionary	ADJ
fbem-29600	15	13	economic	economic	ADJ
fbem-29600	15	14	policies	policy	NOUN
fbem-29600	15	15	to	to	PART
fbem-29600	15	16	cope	cope	VERB
fbem-29600	15	17	with	with	ADP
fbem-29600	15	18	the	the	DET
fbem-29600	15	19	economic	economic	ADJ
fbem-29600	15	20	recession	recession	NOUN
fbem-29600	15	21	caused	cause	VERB
fbem-29600	15	22	by	by	ADP
fbem-29600	15	23	the	the	DET
fbem-29600	15	24	lack	lack	NOUN
fbem-29600	15	25	of	of	ADP
fbem-29600	15	26	effective	effective	ADJ
fbem-29600	15	27	demand	demand	NOUN
fbem-29600	15	28	,	,	PUNCT
fbem-29600	15	29	and	and	CCONJ
fbem-29600	15	30	tax	tax	NOUN
fbem-29600	15	31	cuts	cut	NOUN
fbem-29600	15	32	as	as	ADP
fbem-29600	15	33	an	an	DET
fbem-29600	15	34	expansionary	expansionary	ADJ
fbem-29600	15	35	fiscal	fiscal	ADJ
fbem-29600	15	36	policy	policy	NOUN
fbem-29600	15	37	means	mean	NOUN
fbem-29600	15	38	is	be	AUX
fbem-29600	15	39	considered	consider	VERB
fbem-29600	15	40	to	to	PART
fbem-29600	15	41	be	be	AUX
fbem-29600	15	42	one	one	NUM
fbem-29600	15	43	of	of	ADP
fbem-29600	15	44	the	the	DET
fbem-29600	15	45	effective	effective	ADJ
fbem-29600	15	46	ways	way	NOUN
fbem-29600	15	47	to	to	PART
fbem-29600	15	48	stimulate	stimulate	VERB
fbem-29600	15	49	demand	demand	NOUN
fbem-29600	15	50	.	.	PUNCT
fbem-29600	16	1	however	however	ADV
fbem-29600	16	2	,	,	PUNCT
fbem-29600	16	3	the	the	DET
fbem-29600	16	4	"	"	PUNCT
fbem-29600	16	5	stagflation	stagflation	NOUN
fbem-29600	16	6	"	"	PUNCT
fbem-29600	16	7	situation	situation	NOUN
fbem-29600	16	8	that	that	PRON
fbem-29600	16	9	began	begin	VERB
fbem-29600	16	10	to	to	PART
fbem-29600	16	11	emerge	emerge	VERB
fbem-29600	16	12	in	in	ADP
fbem-29600	16	13	the	the	DET
fbem-29600	16	14	1970s	1970	NOUN
fbem-29600	16	15	challenged	challenge	VERB
fbem-29600	16	16	keynesianism	keynesianism	PROPN
fbem-29600	16	17	,	,	PUNCT
fbem-29600	16	18	and	and	CCONJ
fbem-29600	16	19	the	the	DET
fbem-29600	16	20	supply	supply	NOUN
fbem-29600	16	21	-	-	PUNCT
fbem-29600	16	22	side	side	NOUN
fbem-29600	16	23	school	school	NOUN
fbem-29600	16	24	of	of	ADP
fbem-29600	16	25	thought	thought	NOUN
fbem-29600	16	26	,	,	PUNCT
fbem-29600	16	27	known	know	VERB
fbem-29600	16	28	for	for	ADP
fbem-29600	16	29	its	its	PRON
fbem-29600	16	30	advocacy	advocacy	NOUN
fbem-29600	16	31	of	of	ADP
fbem-29600	16	32	tax	tax	NOUN
fbem-29600	16	33	cuts	cut	NOUN
fbem-29600	16	34	,	,	PUNCT
fbem-29600	16	35	emphasized	emphasize	VERB
fbem-29600	16	36	the	the	DET
fbem-29600	16	37	supply	supply	NOUN
fbem-29600	16	38	side	side	NOUN
fbem-29600	16	39	of	of	ADP
fbem-29600	16	40	the	the	DET
fbem-29600	16	41	economy	economy	NOUN
fbem-29600	16	42	,	,	PUNCT
fbem-29600	16	43	and	and	CCONJ
fbem-29600	16	44	put	put	VERB
fbem-29600	16	45	forward	forward	ADP
fbem-29600	16	46	the	the	DET
fbem-29600	16	47	famous	famous	ADJ
fbem-29600	16	48	laffer	laffer	NOUN
fbem-29600	16	49	curve	curve	NOUN
fbem-29600	16	50	,	,	PUNCT
fbem-29600	16	51	which	which	PRON
fbem-29600	16	52	argues	argue	VERB
fbem-29600	16	53	that	that	SCONJ
fbem-29600	16	54	tax	tax	NOUN
fbem-29600	16	55	cuts	cut	NOUN
fbem-29600	16	56	can	can	AUX
fbem-29600	16	57	stimulate	stimulate	VERB
fbem-29600	16	58	people	people	NOUN
fbem-29600	16	59	to	to	PART
fbem-29600	16	60	work	work	VERB
fbem-29600	16	61	more	more	ADV
fbem-29600	16	62	,	,	PUNCT
fbem-29600	16	63	and	and	CCONJ
fbem-29600	16	64	stimulate	stimulate	VERB
fbem-29600	16	65	savings	saving	NOUN
fbem-29600	16	66	and	and	CCONJ
fbem-29600	16	67	business	business	NOUN
fbem-29600	16	68	investment	investment	NOUN
fbem-29600	16	69	,	,	PUNCT
fbem-29600	16	70	thus	thus	ADV
fbem-29600	16	71	greatly	greatly	ADV
fbem-29600	16	72	promoting	promote	VERB
fbem-29600	16	73	economic	economic	ADJ
fbem-29600	16	74	growth	growth	NOUN
fbem-29600	16	75	while	while	SCONJ
fbem-29600	16	76	also	also	ADV
fbem-29600	16	77	able	able	ADJ
fbem-29600	16	78	to	to	PART
fbem-29600	16	79	curb	curb	VERB
fbem-29600	16	80	inflation	inflation	NOUN
fbem-29600	16	81	.	.	PUNCT
fbem-29600	17	1	for	for	ADP
fbem-29600	17	2	the	the	DET
fbem-29600	17	3	study	study	NOUN
fbem-29600	17	4	of	of	ADP
fbem-29600	17	5	china	china	PROPN
fbem-29600	17	6	's	's	PART
fbem-29600	17	7	tax	tax	NOUN
fbem-29600	17	8	cuts	cut	NOUN
fbem-29600	17	9	and	and	CCONJ
fbem-29600	17	10	fee	fee	NOUN
fbem-29600	17	11	reduction	reduction	NOUN
fbem-29600	17	12	policies	policy	NOUN
fbem-29600	17	13	,	,	PUNCT
fbem-29600	17	14	although	although	SCONJ
fbem-29600	17	15	tax	tax	NOUN
fbem-29600	17	16	cuts	cut	NOUN
fbem-29600	17	17	and	and	CCONJ
fbem-29600	17	18	fee	fee	NOUN
fbem-29600	17	19	reduction	reduction	NOUN
fbem-29600	17	20	have	have	AUX
fbem-29600	17	21	been	be	AUX
fbem-29600	17	22	continuously	continuously	ADV
fbem-29600	17	23	promoted	promote	VERB
fbem-29600	17	24	for	for	ADP
fbem-29600	17	25	many	many	ADJ
fbem-29600	17	26	years	year	NOUN
fbem-29600	17	27	,	,	PUNCT
fbem-29600	17	28	but	but	CCONJ
fbem-29600	17	29	different	different	ADJ
fbem-29600	17	30	periods	period	NOUN
fbem-29600	17	31	face	face	VERB
fbem-29600	17	32	different	different	ADJ
fbem-29600	17	33	economic	economic	ADJ
fbem-29600	17	34	situations	situation	NOUN
fbem-29600	17	35	,	,	PUNCT
fbem-29600	17	36	the	the	DET
fbem-29600	17	37	goal	goal	NOUN
fbem-29600	17	38	of	of	ADP
fbem-29600	17	39	tax	tax	NOUN
fbem-29600	17	40	policy	policy	NOUN
fbem-29600	17	41	is	be	AUX
fbem-29600	17	42	not	not	PART
fbem-29600	17	43	the	the	DET
fbem-29600	17	44	same	same	ADJ
fbem-29600	17	45	,	,	PUNCT
fbem-29600	17	46	the	the	DET
fbem-29600	17	47	reasons	reason	NOUN
fbem-29600	17	48	behind	behind	ADP
fbem-29600	17	49	it	it	PRON
fbem-29600	17	50	are	be	AUX
fbem-29600	17	51	very	very	ADV
fbem-29600	17	52	complex	complex	ADJ
fbem-29600	17	53	,	,	PUNCT
fbem-29600	17	54	the	the	DET
fbem-29600	17	55	analysis	analysis	NOUN
fbem-29600	17	56	needs	need	VERB
fbem-29600	17	57	to	to	PART
fbem-29600	17	58	be	be	AUX
fbem-29600	17	59	combined	combine	VERB
fbem-29600	17	60	with	with	ADP
fbem-29600	17	61	the	the	DET
fbem-29600	17	62	background	background	NOUN
fbem-29600	17	63	of	of	ADP
fbem-29600	17	64	a	a	DET
fbem-29600	17	65	specific	specific	ADJ
fbem-29600	17	66	period	period	NOUN
fbem-29600	17	67	of	of	ADP
fbem-29600	17	68	time	time	NOUN
fbem-29600	17	69	to	to	PART
fbem-29600	17	70	consider	consider	VERB
fbem-29600	17	71	the	the	DET
fbem-29600	17	72	problem	problem	NOUN
fbem-29600	17	73	,	,	PUNCT
fbem-29600	17	74	part	part	NOUN
fbem-29600	17	75	of	of	ADP
fbem-29600	17	76	the	the	DET
fbem-29600	17	77	literature	literature	NOUN
fbem-29600	17	78	thus	thus	ADV
fbem-29600	17	79	combed	comb	VERB
fbem-29600	17	80	china	china	PROPN
fbem-29600	17	81	's	's	PART
fbem-29600	17	82	tax	tax	NOUN
fbem-29600	17	83	cuts	cut	NOUN
fbem-29600	17	84	and	and	CCONJ
fbem-29600	17	85	fee	fee	NOUN
fbem-29600	17	86	reduction	reduction	NOUN
fbem-29600	17	87	process	process	NOUN
fbem-29600	17	88	and	and	CCONJ
fbem-29600	17	89	development	development	NOUN
fbem-29600	17	90	:	:	PUNCT
fbem-29600	17	91	pang	pang	NOUN
fbem-29600	17	92	fengxi	fengxi	PROPN
fbem-29600	17	93	,	,	PUNCT
fbem-29600	17	94	zheng	zheng	PROPN
fbem-29600	17	95	clangcheng	clangcheng	PROPN
fbem-29600	17	96	(	(	PUNCT
fbem-29600	17	97	2022	2022	NUM
fbem-29600	17	98	)	)	PUNCT
fbem-29600	17	99	believes	believe	VERB
fbem-29600	17	100	that	that	SCONJ
fbem-29600	17	101	china	china	PROPN
fbem-29600	17	102	's	's	PART
fbem-29600	17	103	111	111	NUM
fbem-29600	17	104	the	the	DET
fbem-29600	17	105	process	process	NOUN
fbem-29600	17	106	of	of	ADP
fbem-29600	17	107	tax	tax	NOUN
fbem-29600	17	108	cuts	cut	NOUN
fbem-29600	17	109	and	and	CCONJ
fbem-29600	17	110	fee	fee	NOUN
fbem-29600	17	111	reductions	reduction	NOUN
fbem-29600	17	112	began	begin	VERB
fbem-29600	17	113	in	in	ADP
fbem-29600	17	114	2008	2008	NUM
fbem-29600	17	115	and	and	CCONJ
fbem-29600	17	116	can	can	AUX
fbem-29600	17	117	be	be	AUX
fbem-29600	17	118	roughly	roughly	ADV
fbem-29600	17	119	divided	divide	VERB
fbem-29600	17	120	into	into	ADP
fbem-29600	17	121	three	three	NUM
fbem-29600	17	122	stages	stage	NOUN
fbem-29600	17	123	,	,	PUNCT
fbem-29600	17	124	the	the	DET
fbem-29600	17	125	first	first	ADJ
fbem-29600	17	126	stage	stage	NOUN
fbem-29600	17	127	from	from	ADP
fbem-29600	17	128	august	august	PROPN
fbem-29600	17	129	2008	2008	NUM
fbem-29600	17	130	to	to	ADP
fbem-29600	17	131	april	april	PROPN
fbem-29600	17	132	2016	2016	NUM
fbem-29600	17	133	,	,	PUNCT
fbem-29600	17	134	the	the	DET
fbem-29600	17	135	second	second	ADJ
fbem-29600	17	136	stage	stage	NOUN
fbem-29600	17	137	from	from	ADP
fbem-29600	17	138	may	may	PROPN
fbem-29600	17	139	2016	2016	NUM
fbem-29600	17	140	to	to	ADP
fbem-29600	17	141	january	january	PROPN
fbem-29600	17	142	2020	2020	NUM
fbem-29600	17	143	,	,	PUNCT
fbem-29600	17	144	and	and	CCONJ
fbem-29600	17	145	the	the	DET
fbem-29600	17	146	third	third	ADJ
fbem-29600	17	147	stage	stage	NOUN
fbem-29600	17	148	from	from	ADP
fbem-29600	17	149	february	february	PROPN
fbem-29600	17	150	2020	2020	NUM
fbem-29600	17	151	to	to	ADP
fbem-29600	17	152	the	the	DET
fbem-29600	17	153	present	present	NOUN
fbem-29600	17	154	,	,	PUNCT
fbem-29600	17	155	and	and	CCONJ
fbem-29600	17	156	the	the	DET
fbem-29600	17	157	basic	basic	ADJ
fbem-29600	17	158	features	feature	NOUN
fbem-29600	17	159	of	of	ADP
fbem-29600	17	160	the	the	DET
fbem-29600	17	161	three	three	NUM
fbem-29600	17	162	stages	stage	NOUN
fbem-29600	17	163	of	of	ADP
fbem-29600	17	164	tax	tax	NOUN
fbem-29600	17	165	reductions	reduction	NOUN
fbem-29600	17	166	and	and	CCONJ
fbem-29600	17	167	fee	fee	NOUN
fbem-29600	17	168	reductions	reduction	NOUN
fbem-29600	17	169	are	be	AUX
fbem-29600	17	170	as	as	SCONJ
fbem-29600	17	171	follows	follow	VERB
fbem-29600	17	172	:	:	PUNCT
fbem-29600	17	173	structural	structural	ADJ
fbem-29600	17	174	tax	tax	NOUN
fbem-29600	17	175	reductions	reduction	NOUN
fbem-29600	17	176	and	and	CCONJ
fbem-29600	17	177	fee	fee	NOUN
fbem-29600	17	178	reductions	reduction	NOUN
fbem-29600	17	179	,	,	PUNCT
fbem-29600	17	180	large	large	ADJ
fbem-29600	17	181	-	-	PUNCT
fbem-29600	17	182	scale	scale	NOUN
fbem-29600	17	183	and	and	CCONJ
fbem-29600	17	184	universal	universal	ADJ
fbem-29600	17	185	tax	tax	NOUN
fbem-29600	17	186	reductions	reduction	NOUN
fbem-29600	17	187	and	and	CCONJ
fbem-29600	17	188	fee	fee	NOUN
fbem-29600	17	189	reductions	reduction	NOUN
fbem-29600	17	190	,	,	PUNCT
fbem-29600	17	191	and	and	CCONJ
fbem-29600	17	192	contingency	contingency	NOUN
fbem-29600	17	193	-	-	PUNCT
fbem-29600	17	194	type	type	NOUN
fbem-29600	17	195	and	and	CCONJ
fbem-29600	17	196	combined	combine	VERB
fbem-29600	17	197	tax	tax	NOUN
fbem-29600	17	198	reductions	reduction	NOUN
fbem-29600	17	199	and	and	CCONJ
fbem-29600	17	200	fee	fee	NOUN
fbem-29600	17	201	reductions	reduction	NOUN
fbem-29600	17	202	.	.	PUNCT
fbem-29600	18	1	ma	ma	PROPN
fbem-29600	18	2	,	,	PUNCT
fbem-29600	18	3	haitao	haitao	PROPN
fbem-29600	18	4	,	,	PUNCT
fbem-29600	18	5	yao	yao	PROPN
fbem-29600	18	6	,	,	PUNCT
fbem-29600	18	7	dongmin	dongmin	NOUN
fbem-29600	18	8	,	,	PUNCT
fbem-29600	18	9	and	and	CCONJ
fbem-29600	18	10	sun	sun	NOUN
fbem-29600	18	11	,	,	PUNCT
fbem-29600	18	12	rong	rong	PROPN
fbem-29600	18	13	(	(	PUNCT
fbem-29600	18	14	2023	2023	NUM
fbem-29600	18	15	)	)	PUNCT
fbem-29600	18	16	divided	divide	VERB
fbem-29600	18	17	china	china	PROPN
fbem-29600	18	18	's	's	PART
fbem-29600	18	19	tax	tax	NOUN
fbem-29600	18	20	reduction	reduction	NOUN
fbem-29600	18	21	policy	policy	NOUN
fbem-29600	18	22	into	into	ADP
fbem-29600	18	23	three	three	NUM
fbem-29600	18	24	stages	stage	NOUN
fbem-29600	18	25	according	accord	VERB
fbem-29600	18	26	to	to	ADP
fbem-29600	18	27	different	different	ADJ
fbem-29600	18	28	circumstances	circumstance	NOUN
fbem-29600	18	29	,	,	PUNCT
fbem-29600	18	30	and	and	CCONJ
fbem-29600	18	31	successively	successively	ADV
fbem-29600	18	32	experienced	experience	VERB
fbem-29600	18	33	the	the	DET
fbem-29600	18	34	structural	structural	ADJ
fbem-29600	18	35	tax	tax	NOUN
fbem-29600	18	36	reduction	reduction	NOUN
fbem-29600	18	37	stage	stage	NOUN
fbem-29600	18	38	(	(	PUNCT
fbem-29600	18	39	2008	2008	NUM
fbem-29600	18	40	-	-	SYM
fbem-29600	18	41	2011	2011	NUM
fbem-29600	18	42	)	)	PUNCT
fbem-29600	18	43	,	,	PUNCT
fbem-29600	18	44	the	the	DET
fbem-29600	18	45	targeted	target	VERB
fbem-29600	18	46	tax	tax	NOUN
fbem-29600	18	47	reduction	reduction	NOUN
fbem-29600	18	48	and	and	CCONJ
fbem-29600	18	49	universal	universal	ADJ
fbem-29600	18	50	fee	fee	NOUN
fbem-29600	18	51	reduction	reduction	NOUN
fbem-29600	18	52	stage	stage	NOUN
fbem-29600	18	53	(	(	PUNCT
fbem-29600	18	54	2012	2012	NUM
fbem-29600	18	55	-	-	SYM
fbem-29600	18	56	2017	2017	NUM
fbem-29600	18	57	)	)	PUNCT
fbem-29600	18	58	,	,	PUNCT
fbem-29600	18	59	and	and	CCONJ
fbem-29600	18	60	the	the	DET
fbem-29600	18	61	combined	combined	ADJ
fbem-29600	18	62	tax	tax	NOUN
fbem-29600	18	63	and	and	CCONJ
fbem-29600	18	64	fee	fee	NOUN
fbem-29600	18	65	reduction	reduction	NOUN
fbem-29600	18	66	stage	stage	NOUN
fbem-29600	18	67	(	(	PUNCT
fbem-29600	18	68	2018	2018	NUM
fbem-29600	18	69	-2022	-2022	NOUN
fbem-29600	18	70	)	)	PUNCT
fbem-29600	18	71	three	three	NUM
fbem-29600	18	72	important	important	ADJ
fbem-29600	18	73	stages	stage	NOUN
fbem-29600	18	74	.	.	PUNCT
fbem-29600	19	1	li	li	PROPN
fbem-29600	19	2	jinglu	jinglu	PROPN
fbem-29600	19	3	,	,	PUNCT
fbem-29600	19	4	liu	liu	PROPN
fbem-29600	19	5	di	di	PROPN
fbem-29600	19	6	,	,	PUNCT
fbem-29600	19	7	and	and	CCONJ
fbem-29600	19	8	zhan	zhan	PROPN
fbem-29600	19	9	liang	liang	PROPN
fbem-29600	19	10	(	(	PUNCT
fbem-29600	19	11	2021	2021	NUM
fbem-29600	19	12	)	)	PUNCT
fbem-29600	19	13	argue	argue	VERB
fbem-29600	19	14	that	that	SCONJ
fbem-29600	19	15	china	china	PROPN
fbem-29600	19	16	's	's	PART
fbem-29600	19	17	tax	tax	NOUN
fbem-29600	19	18	cuts	cut	NOUN
fbem-29600	19	19	and	and	CCONJ
fbem-29600	19	20	fee	fee	NOUN
fbem-29600	19	21	reductions	reduction	NOUN
fbem-29600	19	22	have	have	AUX
fbem-29600	19	23	basically	basically	ADV
fbem-29600	19	24	gone	go	VERB
fbem-29600	19	25	through	through	ADP
fbem-29600	19	26	four	four	NUM
fbem-29600	19	27	stages	stage	NOUN
fbem-29600	19	28	.	.	PUNCT
fbem-29600	20	1	the	the	DET
fbem-29600	20	2	first	first	ADJ
fbem-29600	20	3	stage	stage	NOUN
fbem-29600	20	4	is	be	AUX
fbem-29600	20	5	the	the	DET
fbem-29600	20	6	tax	tax	NOUN
fbem-29600	20	7	cuts	cut	NOUN
fbem-29600	20	8	implemented	implement	VERB
fbem-29600	20	9	in	in	ADP
fbem-29600	20	10	2003	2003	NUM
fbem-29600	20	11	,	,	PUNCT
fbem-29600	20	12	the	the	DET
fbem-29600	20	13	tax	tax	NOUN
fbem-29600	20	14	cuts	cut	NOUN
fbem-29600	20	15	in	in	ADP
fbem-29600	20	16	this	this	DET
fbem-29600	20	17	stage	stage	NOUN
fbem-29600	20	18	are	be	AUX
fbem-29600	20	19	small	small	ADJ
fbem-29600	20	20	and	and	CCONJ
fbem-29600	20	21	the	the	DET
fbem-29600	20	22	effect	effect	NOUN
fbem-29600	20	23	is	be	AUX
fbem-29600	20	24	not	not	PART
fbem-29600	20	25	obvious	obvious	ADJ
fbem-29600	20	26	;	;	PUNCT
fbem-29600	20	27	the	the	DET
fbem-29600	20	28	second	second	ADJ
fbem-29600	20	29	stage	stage	NOUN
fbem-29600	20	30	is	be	AUX
fbem-29600	20	31	the	the	DET
fbem-29600	20	32	structural	structural	ADJ
fbem-29600	20	33	tax	tax	NOUN
fbem-29600	20	34	cuts	cut	NOUN
fbem-29600	20	35	in	in	ADP
fbem-29600	20	36	2008	2008	NUM
fbem-29600	20	37	,	,	PUNCT
fbem-29600	20	38	and	and	CCONJ
fbem-29600	20	39	the	the	DET
fbem-29600	20	40	reform	reform	NOUN
fbem-29600	20	41	focuses	focus	VERB
fbem-29600	20	42	on	on	ADP
fbem-29600	20	43	value	value	NOUN
fbem-29600	20	44	-	-	PUNCT
fbem-29600	20	45	added	add	VERB
fbem-29600	20	46	tax	tax	NOUN
fbem-29600	20	47	(	(	PUNCT
fbem-29600	20	48	vat	vat	NOUN
fbem-29600	20	49	)	)	PUNCT
fbem-29600	20	50	and	and	CCONJ
fbem-29600	20	51	income	income	NOUN
fbem-29600	20	52	tax	tax	NOUN
fbem-29600	20	53	,	,	PUNCT
fbem-29600	20	54	although	although	SCONJ
fbem-29600	20	55	the	the	DET
fbem-29600	20	56	scale	scale	NOUN
fbem-29600	20	57	of	of	ADP
fbem-29600	20	58	tax	tax	NOUN
fbem-29600	20	59	cuts	cut	NOUN
fbem-29600	20	60	in	in	ADP
fbem-29600	20	61	this	this	DET
fbem-29600	20	62	stage	stage	NOUN
fbem-29600	20	63	has	have	AUX
fbem-29600	20	64	increased	increase	VERB
fbem-29600	20	65	,	,	PUNCT
fbem-29600	20	66	the	the	DET
fbem-29600	20	67	effect	effect	NOUN
fbem-29600	20	68	of	of	ADP
fbem-29600	20	69	tax	tax	NOUN
fbem-29600	20	70	cuts	cut	NOUN
fbem-29600	20	71	and	and	CCONJ
fbem-29600	20	72	fee	fee	NOUN
fbem-29600	20	73	reductions	reduction	NOUN
fbem-29600	20	74	is	be	AUX
fbem-29600	20	75	still	still	ADV
fbem-29600	20	76	not	not	PART
fbem-29600	20	77	obvious	obvious	ADJ
fbem-29600	20	78	in	in	ADP
fbem-29600	20	79	terms	term	NOUN
fbem-29600	20	80	of	of	ADP
fbem-29600	20	81	the	the	DET
fbem-29600	20	82	reaction	reaction	NOUN
fbem-29600	20	83	of	of	ADP
fbem-29600	20	84	enterprises	enterprise	NOUN
fbem-29600	20	85	;	;	PUNCT
fbem-29600	20	86	the	the	DET
fbem-29600	20	87	third	third	ADJ
fbem-29600	20	88	stage	stage	NOUN
fbem-29600	20	89	is	be	AUX
fbem-29600	20	90	the	the	DET
fbem-29600	20	91	period	period	NOUN
fbem-29600	20	92	of	of	ADP
fbem-29600	20	93	the	the	DET
fbem-29600	20	94	camp	camp	NOUN
fbem-29600	20	95	reform	reform	NOUN
fbem-29600	20	96	and	and	CCONJ
fbem-29600	20	97	reinforcement	reinforcement	NOUN
fbem-29600	20	98	(	(	PUNCT
fbem-29600	20	99	crrt	crrt	NOUN
fbem-29600	20	100	)	)	PUNCT
fbem-29600	20	101	,	,	PUNCT
fbem-29600	20	102	and	and	CCONJ
fbem-29600	20	103	this	this	DET
fbem-29600	20	104	stage	stage	NOUN
fbem-29600	20	105	is	be	AUX
fbem-29600	20	106	mainly	mainly	ADV
fbem-29600	20	107	aimed	aim	VERB
fbem-29600	20	108	at	at	ADP
fbem-29600	20	109	the	the	DET
fbem-29600	20	110	value	value	NOUN
fbem-29600	20	111	-	-	PUNCT
fbem-29600	20	112	added	add	VERB
fbem-29600	20	113	tax	tax	NOUN
fbem-29600	20	114	(	(	PUNCT
fbem-29600	20	115	vat	vat	NOUN
fbem-29600	20	116	)	)	PUNCT
fbem-29600	20	117	,	,	PUNCT
fbem-29600	20	118	with	with	ADP
fbem-29600	20	119	the	the	DET
fbem-29600	20	120	tax	tax	NOUN
fbem-29600	20	121	cuts	cut	NOUN
fbem-29600	20	122	and	and	CCONJ
fbem-29600	20	123	fee	fee	NOUN
fbem-29600	20	124	reduction	reduction	NOUN
fbem-29600	20	125	the	the	DET
fbem-29600	20	126	policy	policy	NOUN
fbem-29600	20	127	has	have	AUX
fbem-29600	20	128	initially	initially	ADV
fbem-29600	20	129	achieved	achieve	VERB
fbem-29600	20	130	results	result	NOUN
fbem-29600	20	131	;	;	PUNCT
fbem-29600	20	132	the	the	DET
fbem-29600	20	133	fourth	fourth	ADJ
fbem-29600	20	134	stage	stage	NOUN
fbem-29600	20	135	is	be	AUX
fbem-29600	20	136	the	the	DET
fbem-29600	20	137	larger	large	ADJ
fbem-29600	20	138	-	-	PUNCT
fbem-29600	20	139	scale	scale	NOUN
fbem-29600	20	140	tax	tax	NOUN
fbem-29600	20	141	cuts	cut	NOUN
fbem-29600	20	142	and	and	CCONJ
fbem-29600	20	143	fee	fee	NOUN
fbem-29600	20	144	reductions	reduction	NOUN
fbem-29600	20	145	since	since	SCONJ
fbem-29600	20	146	2018	2018	NUM
fbem-29600	20	147	,	,	PUNCT
fbem-29600	20	148	and	and	CCONJ
fbem-29600	20	149	this	this	DET
fbem-29600	20	150	stage	stage	NOUN
fbem-29600	20	151	has	have	AUX
fbem-29600	20	152	achieved	achieve	VERB
fbem-29600	20	153	more	more	ADV
fbem-29600	20	154	significant	significant	ADJ
fbem-29600	20	155	results	result	NOUN
fbem-29600	20	156	.	.	PUNCT
fbem-29600	21	1	overall	overall	ADV
fbem-29600	21	2	,	,	PUNCT
fbem-29600	21	3	although	although	SCONJ
fbem-29600	21	4	the	the	DET
fbem-29600	21	5	division	division	NOUN
fbem-29600	21	6	of	of	ADP
fbem-29600	21	7	the	the	DET
fbem-29600	21	8	specific	specific	ADJ
fbem-29600	21	9	time	time	NOUN
fbem-29600	21	10	is	be	AUX
fbem-29600	21	11	not	not	PART
fbem-29600	21	12	quite	quite	DET
fbem-29600	21	13	the	the	DET
fbem-29600	21	14	same	same	ADJ
fbem-29600	21	15	,	,	PUNCT
fbem-29600	21	16	the	the	DET
fbem-29600	21	17	characterization	characterization	NOUN
fbem-29600	21	18	of	of	ADP
fbem-29600	21	19	tax	tax	NOUN
fbem-29600	21	20	and	and	CCONJ
fbem-29600	21	21	fee	fee	NOUN
fbem-29600	21	22	reductions	reduction	NOUN
fbem-29600	21	23	in	in	ADP
fbem-29600	21	24	different	different	ADJ
fbem-29600	21	25	periods	period	NOUN
fbem-29600	21	26	in	in	ADP
fbem-29600	21	27	china	china	PROPN
fbem-29600	21	28	is	be	AUX
fbem-29600	21	29	largely	largely	ADV
fbem-29600	21	30	consistent	consistent	ADJ
fbem-29600	21	31	,	,	PUNCT
fbem-29600	21	32	basically	basically	ADV
fbem-29600	21	33	encompassing	encompass	VERB
fbem-29600	21	34	structural	structural	ADJ
fbem-29600	21	35	tax	tax	NOUN
fbem-29600	21	36	cuts	cut	NOUN
fbem-29600	21	37	,	,	PUNCT
fbem-29600	21	38	general	general	ADJ
fbem-29600	21	39	tax	tax	NOUN
fbem-29600	21	40	and	and	CCONJ
fbem-29600	21	41	fee	fee	NOUN
fbem-29600	21	42	reductions	reduction	NOUN
fbem-29600	21	43	and	and	CCONJ
fbem-29600	21	44	combined	combined	ADJ
fbem-29600	21	45	tax	tax	NOUN
fbem-29600	21	46	and	and	CCONJ
fbem-29600	21	47	fee	fee	NOUN
fbem-29600	21	48	reductions	reduction	NOUN
fbem-29600	21	49	.	.	PUNCT
fbem-29600	22	1	on	on	ADP
fbem-29600	22	2	the	the	DET
fbem-29600	22	3	analysis	analysis	NOUN
fbem-29600	22	4	of	of	ADP
fbem-29600	22	5	the	the	DET
fbem-29600	22	6	macroeconomic	macroeconomic	ADJ
fbem-29600	22	7	effect	effect	NOUN
fbem-29600	22	8	of	of	ADP
fbem-29600	22	9	tax	tax	NOUN
fbem-29600	22	10	cuts	cut	NOUN
fbem-29600	22	11	and	and	CCONJ
fbem-29600	22	12	fee	fee	NOUN
fbem-29600	22	13	reductions	reduction	NOUN
fbem-29600	22	14	,	,	PUNCT
fbem-29600	22	15	the	the	DET
fbem-29600	22	16	focus	focus	NOUN
fbem-29600	22	17	of	of	ADP
fbem-29600	22	18	the	the	DET
fbem-29600	22	19	study	study	NOUN
fbem-29600	22	20	is	be	AUX
fbem-29600	22	21	not	not	PART
fbem-29600	22	22	the	the	DET
fbem-29600	22	23	same	same	ADJ
fbem-29600	22	24	,	,	PUNCT
fbem-29600	22	25	there	there	PRON
fbem-29600	22	26	are	be	VERB
fbem-29600	22	27	focused	focus	VERB
fbem-29600	22	28	on	on	ADP
fbem-29600	22	29	the	the	DET
fbem-29600	22	30	impact	impact	NOUN
fbem-29600	22	31	of	of	ADP
fbem-29600	22	32	tax	tax	NOUN
fbem-29600	22	33	cuts	cut	NOUN
fbem-29600	22	34	and	and	CCONJ
fbem-29600	22	35	fee	fee	NOUN
fbem-29600	22	36	reductions	reduction	NOUN
fbem-29600	22	37	on	on	ADP
fbem-29600	22	38	various	various	ADJ
fbem-29600	22	39	economic	economic	ADJ
fbem-29600	22	40	indicators	indicator	NOUN
fbem-29600	22	41	:	:	PUNCT
fbem-29600	22	42	yan	yan	PROPN
fbem-29600	22	43	kun	kun	PROPN
fbem-29600	22	44	,	,	PUNCT
fbem-29600	22	45	tang	tang	PROPN
fbem-29600	22	46	dantong	dantong	PROPN
fbem-29600	22	47	(	(	PUNCT
fbem-29600	22	48	2023	2023	NUM
fbem-29600	22	49	)	)	PUNCT
fbem-29600	22	50	found	find	VERB
fbem-29600	22	51	that	that	SCONJ
fbem-29600	22	52	tax	tax	NOUN
fbem-29600	22	53	cuts	cut	NOUN
fbem-29600	22	54	and	and	CCONJ
fbem-29600	22	55	fee	fee	NOUN
fbem-29600	22	56	reductions	reduction	NOUN
fbem-29600	22	57	to	to	PART
fbem-29600	22	58	reduce	reduce	VERB
fbem-29600	22	59	the	the	DET
fbem-29600	22	60	burden	burden	NOUN
fbem-29600	22	61	of	of	ADP
fbem-29600	22	62	tax	tax	NOUN
fbem-29600	22	63	and	and	CCONJ
fbem-29600	22	64	fee	fee	NOUN
fbem-29600	22	65	reductions	reduction	NOUN
fbem-29600	22	66	help	help	VERB
fbem-29600	22	67	to	to	PART
fbem-29600	22	68	stimulate	stimulate	VERB
fbem-29600	22	69	increased	increase	VERB
fbem-29600	22	70	corporate	corporate	ADJ
fbem-29600	22	71	investment	investment	NOUN
fbem-29600	22	72	,	,	PUNCT
fbem-29600	22	73	and	and	CCONJ
fbem-29600	22	74	through	through	ADP
fbem-29600	22	75	the	the	DET
fbem-29600	22	76	endogenous	endogenous	ADJ
fbem-29600	22	77	financing	financing	NOUN
fbem-29600	22	78	capacity	capacity	NOUN
fbem-29600	22	79	,	,	PUNCT
fbem-29600	22	80	exogenous	exogenous	ADJ
fbem-29600	22	81	financing	financing	NOUN
fbem-29600	22	82	constraints	constraint	NOUN
fbem-29600	22	83	,	,	PUNCT
fbem-29600	22	84	investor	investor	NOUN
fbem-29600	22	85	attention	attention	NOUN
fbem-29600	22	86	to	to	ADP
fbem-29600	22	87	the	the	DET
fbem-29600	22	88	triple	triple	ADJ
fbem-29600	22	89	mechanism	mechanism	NOUN
fbem-29600	22	90	of	of	ADP
fbem-29600	22	91	transmission	transmission	NOUN
fbem-29600	22	92	,	,	PUNCT
fbem-29600	22	93	which	which	PRON
fbem-29600	22	94	enhances	enhance	VERB
fbem-29600	22	95	the	the	DET
fbem-29600	22	96	capacity	capacity	NOUN
fbem-29600	22	97	of	of	ADP
fbem-29600	22	98	endogenous	endogenous	ADJ
fbem-29600	22	99	financing	financing	NOUN
fbem-29600	22	100	as	as	ADP
fbem-29600	22	101	the	the	DET
fbem-29600	22	102	the	the	DET
fbem-29600	22	103	main	main	ADJ
fbem-29600	22	104	role	role	NOUN
fbem-29600	22	105	of	of	ADP
fbem-29600	22	106	tax	tax	NOUN
fbem-29600	22	107	and	and	CCONJ
fbem-29600	22	108	fee	fee	NOUN
fbem-29600	22	109	reduction	reduction	NOUN
fbem-29600	22	110	to	to	PART
fbem-29600	22	111	promote	promote	VERB
fbem-29600	22	112	investment	investment	NOUN
fbem-29600	22	113	channels	channel	NOUN
fbem-29600	22	114	.	.	PUNCT
fbem-29600	23	1	gao	gao	PROPN
fbem-29600	23	2	songyao	songyao	PROPN
fbem-29600	23	3	,	,	PUNCT
fbem-29600	23	4	mei	mei	PROPN
fbem-29600	23	5	dongzhou	dongzhou	NOUN
fbem-29600	23	6	,	,	PUNCT
fbem-29600	23	7	and	and	CCONJ
fbem-29600	23	8	ma	ma	PROPN
fbem-29600	23	9	zhenyu	zhenyu	PROPN
fbem-29600	23	10	(	(	PUNCT
fbem-29600	23	11	2023	2023	NUM
fbem-29600	23	12	)	)	PUNCT
fbem-29600	23	13	believe	believe	VERB
fbem-29600	23	14	that	that	SCONJ
fbem-29600	23	15	if	if	SCONJ
fbem-29600	23	16	a	a	DET
fbem-29600	23	17	large	large	ADJ
fbem-29600	23	18	number	number	NOUN
fbem-29600	23	19	of	of	ADP
fbem-29600	23	20	rely	rely	NOUN
fbem-29600	23	21	on	on	ADP
fbem-29600	23	22	government	government	NOUN
fbem-29600	23	23	debt	debt	NOUN
fbem-29600	23	24	to	to	PART
fbem-29600	23	25	support	support	VERB
fbem-29600	23	26	,	,	PUNCT
fbem-29600	23	27	tax	tax	NOUN
fbem-29600	23	28	cuts	cut	NOUN
fbem-29600	23	29	and	and	CCONJ
fbem-29600	23	30	fee	fee	NOUN
fbem-29600	23	31	reductions	reduction	NOUN
fbem-29600	23	32	may	may	AUX
fbem-29600	23	33	raise	raise	VERB
fbem-29600	23	34	market	market	NOUN
fbem-29600	23	35	interest	interest	NOUN
fbem-29600	23	36	rates	rate	NOUN
fbem-29600	23	37	,	,	PUNCT
fbem-29600	23	38	crowding	crowd	VERB
fbem-29600	23	39	out	out	ADP
fbem-29600	23	40	enterprise	enterprise	NOUN
fbem-29600	23	41	investment	investment	NOUN
fbem-29600	23	42	,	,	PUNCT
fbem-29600	23	43	and	and	CCONJ
fbem-29600	23	44	in	in	ADP
fbem-29600	23	45	order	order	NOUN
fbem-29600	23	46	to	to	PART
fbem-29600	23	47	slow	slow	VERB
fbem-29600	23	48	down	down	ADP
fbem-29600	23	49	this	this	DET
fbem-29600	23	50	crowding	crowd	VERB
fbem-29600	23	51	out	out	ADP
fbem-29600	23	52	effect	effect	NOUN
fbem-29600	23	53	,	,	PUNCT
fbem-29600	23	54	should	should	AUX
fbem-29600	23	55	be	be	AUX
fbem-29600	23	56	through	through	ADP
fbem-29600	23	57	the	the	DET
fbem-29600	23	58	reduction	reduction	NOUN
fbem-29600	23	59	of	of	ADP
fbem-29600	23	60	deposit	deposit	NOUN
fbem-29600	23	61	reserves	reserve	NOUN
fbem-29600	23	62	or	or	CCONJ
fbem-29600	23	63	financial	financial	ADJ
fbem-29600	23	64	institutions	institution	NOUN
fbem-29600	23	65	financial	financial	ADJ
fbem-29600	23	66	injections	injection	NOUN
fbem-29600	23	67	to	to	PART
fbem-29600	23	68	reduce	reduce	VERB
fbem-29600	23	69	the	the	DET
fbem-29600	23	70	cost	cost	NOUN
fbem-29600	23	71	of	of	ADP
fbem-29600	23	72	enterprise	enterprise	NOUN
fbem-29600	23	73	financing	financing	NOUN
fbem-29600	23	74	.	.	PUNCT
fbem-29600	24	1	ma	ma	PROPN
fbem-29600	24	2	ningning	ningning	PROPN
fbem-29600	24	3	,	,	PUNCT
fbem-29600	24	4	wang	wang	PROPN
fbem-29600	24	5	jiayong	jiayong	PROPN
fbem-29600	24	6	(	(	PUNCT
fbem-29600	24	7	2022	2022	NUM
fbem-29600	24	8	)	)	PUNCT
fbem-29600	24	9	studied	study	VERB
fbem-29600	24	10	the	the	DET
fbem-29600	24	11	pulling	pull	VERB
fbem-29600	24	12	effect	effect	NOUN
fbem-29600	24	13	of	of	ADP
fbem-29600	24	14	tax	tax	NOUN
fbem-29600	24	15	and	and	CCONJ
fbem-29600	24	16	fee	fee	NOUN
fbem-29600	24	17	reduction	reduction	NOUN
fbem-29600	24	18	policies	policy	NOUN
fbem-29600	24	19	on	on	ADP
fbem-29600	24	20	the	the	DET
fbem-29600	24	21	investment	investment	NOUN
fbem-29600	24	22	willingness	willingness	NOUN
fbem-29600	24	23	of	of	ADP
fbem-29600	24	24	various	various	ADJ
fbem-29600	24	25	types	type	NOUN
fbem-29600	24	26	of	of	ADP
fbem-29600	24	27	enterprises	enterprise	NOUN
fbem-29600	24	28	.	.	PUNCT
fbem-29600	25	1	zhang	zhang	PROPN
fbem-29600	25	2	shijing	shijing	PROPN
fbem-29600	25	3	,	,	PUNCT
fbem-29600	25	4	gao	gao	PROPN
fbem-29600	25	5	wenliang	wenliang	PROPN
fbem-29600	25	6	(	(	PUNCT
fbem-29600	25	7	2022	2022	NUM
fbem-29600	25	8	)	)	PUNCT
fbem-29600	25	9	argued	argue	VERB
fbem-29600	25	10	that	that	SCONJ
fbem-29600	25	11	the	the	DET
fbem-29600	25	12	government	government	NOUN
fbem-29600	25	13	's	's	PART
fbem-29600	25	14	implementation	implementation	NOUN
fbem-29600	25	15	of	of	ADP
fbem-29600	25	16	the	the	DET
fbem-29600	25	17	policy	policy	NOUN
fbem-29600	25	18	of	of	ADP
fbem-29600	25	19	tax	tax	NOUN
fbem-29600	25	20	and	and	CCONJ
fbem-29600	25	21	fee	fee	NOUN
fbem-29600	25	22	cuts	cut	NOUN
fbem-29600	25	23	boosted	boost	VERB
fbem-29600	25	24	the	the	DET
fbem-29600	25	25	enterprises	enterprise	NOUN
fbem-29600	25	26	'	'	PART
fbem-29600	25	27	confidence	confidence	NOUN
fbem-29600	25	28	in	in	ADP
fbem-29600	25	29	the	the	DET
fbem-29600	25	30	future	future	ADJ
fbem-29600	25	31	economic	economic	ADJ
fbem-29600	25	32	development	development	NOUN
fbem-29600	25	33	to	to	PART
fbem-29600	25	34	be	be	AUX
fbem-29600	25	35	good	good	ADJ
fbem-29600	25	36	,	,	PUNCT
fbem-29600	25	37	influenced	influence	VERB
fbem-29600	25	38	the	the	DET
fbem-29600	25	39	enterprises	enterprise	NOUN
fbem-29600	25	40	'	'	PART
fbem-29600	25	41	incentives	incentive	NOUN
fbem-29600	25	42	to	to	PART
fbem-29600	25	43	stockpile	stockpile	VERB
fbem-29600	25	44	cash	cash	NOUN
fbem-29600	25	45	,	,	PUNCT
fbem-29600	25	46	reduced	reduce	VERB
fbem-29600	25	47	the	the	DET
fbem-29600	25	48	level	level	NOUN
fbem-29600	25	49	of	of	ADP
fbem-29600	25	50	their	their	PRON
fbem-29600	25	51	cash	cash	NOUN
fbem-29600	25	52	holdings	holding	NOUN
fbem-29600	25	53	,	,	PUNCT
fbem-29600	25	54	and	and	CCONJ
fbem-29600	25	55	increased	increase	VERB
fbem-29600	25	56	the	the	DET
fbem-29600	25	57	enterprises	enterprise	NOUN
fbem-29600	25	58	'	'	PART
fbem-29600	25	59	investment	investment	NOUN
fbem-29600	25	60	.	.	PUNCT
fbem-29600	26	1	there	there	PRON
fbem-29600	26	2	focuses	focus	VERB
fbem-29600	26	3	on	on	ADP
fbem-29600	26	4	the	the	DET
fbem-29600	26	5	impact	impact	NOUN
fbem-29600	26	6	of	of	ADP
fbem-29600	26	7	tax	tax	NOUN
fbem-29600	26	8	and	and	CCONJ
fbem-29600	26	9	fee	fee	NOUN
fbem-29600	26	10	reduction	reduction	NOUN
fbem-29600	26	11	on	on	ADP
fbem-29600	26	12	long	long	ADJ
fbem-29600	26	13	-	-	PUNCT
fbem-29600	26	14	term	term	NOUN
fbem-29600	26	15	development	development	NOUN
fbem-29600	26	16	:	:	PUNCT
fbem-29600	26	17	zhang	zhang	PROPN
fbem-29600	26	18	kaiqiang	kaiqiang	PROPN
fbem-29600	26	19	(	(	PUNCT
fbem-29600	26	20	2023	2023	NUM
fbem-29600	26	21	)	)	PUNCT
fbem-29600	26	22	looks	look	VERB
fbem-29600	26	23	at	at	ADP
fbem-29600	26	24	tax	tax	NOUN
fbem-29600	26	25	and	and	CCONJ
fbem-29600	26	26	fee	fee	NOUN
fbem-29600	26	27	reduction	reduction	NOUN
fbem-29600	26	28	from	from	ADP
fbem-29600	26	29	a	a	DET
fbem-29600	26	30	long	long	ADJ
fbem-29600	26	31	-	-	PUNCT
fbem-29600	26	32	term	term	NOUN
fbem-29600	26	33	perspective	perspective	NOUN
fbem-29600	26	34	,	,	PUNCT
fbem-29600	26	35	arguing	argue	VERB
fbem-29600	26	36	that	that	SCONJ
fbem-29600	26	37	under	under	ADP
fbem-29600	26	38	the	the	DET
fbem-29600	26	39	policy	policy	NOUN
fbem-29600	26	40	logic	logic	NOUN
fbem-29600	26	41	and	and	CCONJ
fbem-29600	26	42	design	design	NOUN
fbem-29600	26	43	principles	principle	NOUN
fbem-29600	26	44	in	in	ADP
fbem-29600	26	45	the	the	DET
fbem-29600	26	46	perspective	perspective	NOUN
fbem-29600	26	47	of	of	ADP
fbem-29600	26	48	long	long	ADJ
fbem-29600	26	49	-	-	PUNCT
fbem-29600	26	50	term	term	NOUN
fbem-29600	26	51	economic	economic	ADJ
fbem-29600	26	52	growth	growth	NOUN
fbem-29600	26	53	,	,	PUNCT
fbem-29600	26	54	the	the	DET
fbem-29600	26	55	principle	principle	NOUN
fbem-29600	26	56	of	of	ADP
fbem-29600	26	57	tax	tax	NOUN
fbem-29600	26	58	law	law	NOUN
fbem-29600	26	59	should	should	AUX
fbem-29600	26	60	be	be	AUX
fbem-29600	26	61	adhered	adhere	VERB
fbem-29600	26	62	to	to	ADP
fbem-29600	26	63	,	,	PUNCT
fbem-29600	26	64	the	the	DET
fbem-29600	26	65	principle	principle	NOUN
fbem-29600	26	66	of	of	ADP
fbem-29600	26	67	unity	unity	NOUN
fbem-29600	26	68	between	between	ADP
fbem-29600	26	69	tax	tax	NOUN
fbem-29600	26	70	and	and	CCONJ
fbem-29600	26	71	fee	fee	NOUN
fbem-29600	26	72	reduction	reduction	NOUN
fbem-29600	26	73	and	and	CCONJ
fbem-29600	26	74	tax	tax	NOUN
fbem-29600	26	75	reform	reform	NOUN
fbem-29600	26	76	,	,	PUNCT
fbem-29600	26	77	and	and	CCONJ
fbem-29600	26	78	the	the	DET
fbem-29600	26	79	weakening	weakening	NOUN
fbem-29600	26	80	of	of	ADP
fbem-29600	26	81	the	the	DET
fbem-29600	26	82	tax	tax	NOUN
fbem-29600	26	83	mandatory	mandatory	ADJ
fbem-29600	26	84	nature	nature	NOUN
fbem-29600	26	85	.	.	PUNCT
fbem-29600	27	1	shi	shi	PROPN
fbem-29600	27	2	shaobin	shaobin	PROPN
fbem-29600	27	3	,	,	PUNCT
fbem-29600	27	4	zhang	zhang	PROPN
fbem-29600	27	5	xiaodan	xiaodan	PROPN
fbem-29600	27	6	(	(	PUNCT
fbem-29600	27	7	2022	2022	NUM
fbem-29600	27	8	)	)	PUNCT
fbem-29600	27	9	argues	argue	VERB
fbem-29600	27	10	that	that	SCONJ
fbem-29600	27	11	the	the	DET
fbem-29600	27	12	impact	impact	NOUN
fbem-29600	27	13	of	of	ADP
fbem-29600	27	14	tax	tax	NOUN
fbem-29600	27	15	and	and	CCONJ
fbem-29600	27	16	fee	fee	NOUN
fbem-29600	27	17	reduction	reduction	NOUN
fbem-29600	27	18	on	on	ADP
fbem-29600	27	19	the	the	DET
fbem-29600	27	20	highquality	highquality	NOUN
fbem-29600	27	21	development	development	NOUN
fbem-29600	27	22	of	of	ADP
fbem-29600	27	23	the	the	DET
fbem-29600	27	24	economy	economy	NOUN
fbem-29600	27	25	has	have	VERB
fbem-29600	27	26	long	long	ADJ
fbem-29600	27	27	-	-	PUNCT
fbem-29600	27	28	term	term	NOUN
fbem-29600	27	29	effects	effect	NOUN
fbem-29600	27	30	and	and	CCONJ
fbem-29600	27	31	spatial	spatial	ADJ
fbem-29600	27	32	spillover	spillover	NOUN
fbem-29600	27	33	effects	effect	NOUN
fbem-29600	27	34	.	.	PUNCT
fbem-29600	28	1	there	there	PRON
fbem-29600	28	2	are	be	VERB
fbem-29600	28	3	studies	study	NOUN
fbem-29600	28	4	focusing	focus	VERB
fbem-29600	28	5	on	on	ADP
fbem-29600	28	6	the	the	DET
fbem-29600	28	7	path	path	NOUN
fbem-29600	28	8	of	of	ADP
fbem-29600	28	9	its	its	PRON
fbem-29600	28	10	implementation	implementation	NOUN
fbem-29600	28	11	effect	effect	NOUN
fbem-29600	28	12	:	:	PUNCT
fbem-29600	28	13	cheng	cheng	PROPN
fbem-29600	28	14	dyi	dyi	PROPN
fbem-29600	28	15	and	and	CCONJ
fbem-29600	28	16	guo	guo	PROPN
fbem-29600	28	17	ran	run	VERB
fbem-29600	28	18	(	(	PUNCT
fbem-29600	28	19	2023	2023	NUM
fbem-29600	28	20	)	)	PUNCT
fbem-29600	28	21	studied	study	VERB
fbem-29600	28	22	how	how	SCONJ
fbem-29600	28	23	to	to	PART
fbem-29600	28	24	achieve	achieve	VERB
fbem-29600	28	25	a	a	DET
fbem-29600	28	26	better	well	ADJ
fbem-29600	28	27	implementation	implementation	NOUN
fbem-29600	28	28	effect	effect	NOUN
fbem-29600	28	29	of	of	ADP
fbem-29600	28	30	tax	tax	NOUN
fbem-29600	28	31	and	and	CCONJ
fbem-29600	28	32	fee	fee	NOUN
fbem-29600	28	33	reduction	reduction	NOUN
fbem-29600	28	34	,	,	PUNCT
fbem-29600	28	35	and	and	CCONJ
fbem-29600	28	36	the	the	DET
fbem-29600	28	37	best	good	ADJ
fbem-29600	28	38	path	path	NOUN
fbem-29600	28	39	is	be	AUX
fbem-29600	28	40	to	to	PART
fbem-29600	28	41	improve	improve	VERB
fbem-29600	28	42	and	and	CCONJ
fbem-29600	28	43	strengthen	strengthen	VERB
fbem-29600	28	44	the	the	DET
fbem-29600	28	45	effective	effective	ADJ
fbem-29600	28	46	supervision	supervision	NOUN
fbem-29600	28	47	and	and	CCONJ
fbem-29600	28	48	guarantee	guarantee	NOUN
fbem-29600	28	49	mechanism	mechanism	NOUN
fbem-29600	28	50	in	in	ADP
fbem-29600	28	51	parallel	parallel	NOUN
fbem-29600	28	52	with	with	ADP
fbem-29600	28	53	optimizing	optimize	VERB
fbem-29600	28	54	the	the	DET
fbem-29600	28	55	government	government	NOUN
fbem-29600	28	56	services	service	NOUN
fbem-29600	28	57	and	and	CCONJ
fbem-29600	28	58	implementation	implementation	NOUN
fbem-29600	28	59	work	work	NOUN
fbem-29600	28	60	.	.	PUNCT
fbem-29600	29	1	to	to	PART
fbem-29600	29	2	sum	sum	VERB
fbem-29600	29	3	up	up	ADP
fbem-29600	29	4	,	,	PUNCT
fbem-29600	29	5	the	the	DET
fbem-29600	29	6	impact	impact	NOUN
fbem-29600	29	7	of	of	ADP
fbem-29600	29	8	tax	tax	NOUN
fbem-29600	29	9	and	and	CCONJ
fbem-29600	29	10	fee	fee	NOUN
fbem-29600	29	11	reduction	reduction	NOUN
fbem-29600	29	12	on	on	ADP
fbem-29600	29	13	china	china	PROPN
fbem-29600	29	14	's	's	PART
fbem-29600	29	15	macroeconomy	macroeconomy	NOUN
fbem-29600	29	16	exists	exist	VERB
fbem-29600	29	17	in	in	ADP
fbem-29600	29	18	various	various	ADJ
fbem-29600	29	19	aspects	aspect	NOUN
fbem-29600	29	20	,	,	PUNCT
fbem-29600	29	21	and	and	CCONJ
fbem-29600	29	22	this	this	DET
fbem-29600	29	23	paper	paper	NOUN
fbem-29600	29	24	reflects	reflect	VERB
fbem-29600	29	25	its	its	PRON
fbem-29600	29	26	economic	economic	ADJ
fbem-29600	29	27	effects	effect	NOUN
fbem-29600	29	28	by	by	ADP
fbem-29600	29	29	analyzing	analyze	VERB
fbem-29600	29	30	the	the	DET
fbem-29600	29	31	changes	change	NOUN
fbem-29600	29	32	in	in	ADP
fbem-29600	29	33	tax	tax	NOUN
fbem-29600	29	34	burden	burden	NOUN
fbem-29600	29	35	,	,	PUNCT
fbem-29600	29	36	output	output	NOUN
fbem-29600	29	37	,	,	PUNCT
fbem-29600	29	38	consumption	consumption	NOUN
fbem-29600	29	39	and	and	CCONJ
fbem-29600	29	40	investment	investment	NOUN
fbem-29600	29	41	after	after	ADP
fbem-29600	29	42	the	the	DET
fbem-29600	29	43	"	"	PUNCT
fbem-29600	29	44	camp	camp	NOUN
fbem-29600	29	45	transformation	transformation	NOUN
fbem-29600	29	46	"	"	PUNCT
fbem-29600	29	47	.	.	PUNCT
fbem-29600	30	1	3	3	X
fbem-29600	30	2	.	.	X
fbem-29600	30	3	theoretical	theoretical	ADJ
fbem-29600	30	4	analysis	analysis	NOUN
fbem-29600	30	5	3.1	3.1	NUM
fbem-29600	30	6	.	.	PUNCT
fbem-29600	30	7	graphical	graphical	ADJ
fbem-29600	30	8	and	and	CCONJ
fbem-29600	30	9	mechanistic	mechanistic	ADJ
fbem-29600	30	10	analysis	analysis	NOUN
fbem-29600	30	11	of	of	ADP
fbem-29600	30	12	crowding	crowd	VERB
fbem-29600	30	13	out	out	ADP
fbem-29600	30	14	effects	effect	NOUN
fbem-29600	30	15	the	the	DET
fbem-29600	30	16	crowding	crowd	VERB
fbem-29600	30	17	-	-	PUNCT
fbem-29600	30	18	out	out	ADP
fbem-29600	30	19	effect	effect	NOUN
fbem-29600	30	20	refers	refer	VERB
fbem-29600	30	21	to	to	ADP
fbem-29600	30	22	the	the	DET
fbem-29600	30	23	economic	economic	ADJ
fbem-29600	30	24	benefits	benefit	NOUN
fbem-29600	30	25	of	of	ADP
fbem-29600	30	26	crowding	crowd	VERB
fbem-29600	30	27	out	out	ADP
fbem-29600	30	28	some	some	DET
fbem-29600	30	29	private	private	ADJ
fbem-29600	30	30	sector	sector	NOUN
fbem-29600	30	31	investment	investment	NOUN
fbem-29600	30	32	as	as	ADP
fbem-29600	30	33	a	a	DET
fbem-29600	30	34	result	result	NOUN
fbem-29600	30	35	of	of	ADP
fbem-29600	30	36	an	an	DET
fbem-29600	30	37	increase	increase	NOUN
fbem-29600	30	38	in	in	ADP
fbem-29600	30	39	interest	interest	NOUN
fbem-29600	30	40	rates	rate	NOUN
fbem-29600	30	41	caused	cause	VERB
fbem-29600	30	42	by	by	ADP
fbem-29600	30	43	a	a	DET
fbem-29600	30	44	government	government	NOUN
fbem-29600	30	45	's	's	PART
fbem-29600	30	46	fiscal	fiscal	ADJ
fbem-29600	30	47	policy	policy	NOUN
fbem-29600	30	48	,	,	PUNCT
fbem-29600	30	49	such	such	ADJ
fbem-29600	30	50	as	as	ADP
fbem-29600	30	51	a	a	DET
fbem-29600	30	52	change	change	NOUN
fbem-29600	30	53	in	in	ADP
fbem-29600	30	54	government	government	NOUN
fbem-29600	30	55	purchases	purchase	NOUN
fbem-29600	30	56	or	or	CCONJ
fbem-29600	30	57	taxes	taxis	NOUN
fbem-29600	30	58	.	.	PUNCT
fbem-29600	31	1	the	the	DET
fbem-29600	31	2	fiscal	fiscal	ADJ
fbem-29600	31	3	policy	policy	NOUN
fbem-29600	31	4	multiplier	multiplier	ADV
fbem-29600	31	5	,	,	PUNCT
fbem-29600	31	6	on	on	ADP
fbem-29600	31	7	the	the	DET
fbem-29600	31	8	other	other	ADJ
fbem-29600	31	9	hand	hand	NOUN
fbem-29600	31	10	,	,	PUNCT
fbem-29600	31	11	refers	refer	VERB
fbem-29600	31	12	to	to	ADP
fbem-29600	31	13	the	the	DET
fbem-29600	31	14	multiple	multiple	NOUN
fbem-29600	31	15	of	of	ADP
fbem-29600	31	16	the	the	DET
fbem-29600	31	17	change	change	NOUN
fbem-29600	31	18	in	in	ADP
fbem-29600	31	19	national	national	ADJ
fbem-29600	31	20	income	income	NOUN
fbem-29600	31	21	caused	cause	VERB
fbem-29600	31	22	by	by	ADP
fbem-29600	31	23	a	a	DET
fbem-29600	31	24	change	change	NOUN
fbem-29600	31	25	in	in	ADP
fbem-29600	31	26	government	government	NOUN
fbem-29600	31	27	spending	spending	NOUN
fbem-29600	31	28	or	or	CCONJ
fbem-29600	31	29	taxation	taxation	NOUN
fbem-29600	31	30	when	when	SCONJ
fbem-29600	31	31	the	the	DET
fbem-29600	31	32	money	money	NOUN
fbem-29600	31	33	market	market	NOUN
fbem-29600	31	34	is	be	AUX
fbem-29600	31	35	in	in	ADP
fbem-29600	31	36	equilibrium	equilibrium	NOUN
fbem-29600	31	37	.	.	PUNCT
fbem-29600	32	1	it	it	PRON
fbem-29600	32	2	is	be	AUX
fbem-29600	32	3	important	important	ADJ
fbem-29600	32	4	to	to	PART
fbem-29600	32	5	note	note	VERB
fbem-29600	32	6	the	the	DET
fbem-29600	32	7	difference	difference	NOUN
fbem-29600	32	8	is	be	AUX
fbem-29600	32	9	that	that	SCONJ
fbem-29600	32	10	the	the	DET
fbem-29600	32	11	fiscal	fiscal	ADJ
fbem-29600	32	12	policy	policy	NOUN
fbem-29600	32	13	multiplier	multiplier	ADV
fbem-29600	32	14	is	be	AUX
fbem-29600	32	15	not	not	PART
fbem-29600	32	16	the	the	DET
fbem-29600	32	17	fiscal	fiscal	ADJ
fbem-29600	32	18	expenditure	expenditure	NOUN
fbem-29600	32	19	multiplier	multiplier	ADV
fbem-29600	32	20	,	,	PUNCT
fbem-29600	32	21	the	the	DET
fbem-29600	32	22	former	former	ADJ
fbem-29600	32	23	is	be	AUX
fbem-29600	32	24	the	the	DET
fbem-29600	32	25	size	size	NOUN
fbem-29600	32	26	of	of	ADP
fbem-29600	32	27	the	the	DET
fbem-29600	32	28	multiplier	multipli	ADJ
fbem-29600	32	29	when	when	SCONJ
fbem-29600	32	30	the	the	DET
fbem-29600	32	31	two	two	NUM
fbem-29600	32	32	markets	market	NOUN
fbem-29600	32	33	,	,	PUNCT
fbem-29600	32	34	the	the	DET
fbem-29600	32	35	product	product	NOUN
fbem-29600	32	36	market	market	NOUN
fbem-29600	32	37	and	and	CCONJ
fbem-29600	32	38	the	the	DET
fbem-29600	32	39	money	money	NOUN
fbem-29600	32	40	market	market	NOUN
fbem-29600	32	41	,	,	PUNCT
fbem-29600	32	42	are	be	AUX
fbem-29600	32	43	in	in	ADP
fbem-29600	32	44	equilibrium	equilibrium	NOUN
fbem-29600	32	45	at	at	ADP
fbem-29600	32	46	the	the	DET
fbem-29600	32	47	same	same	ADJ
fbem-29600	32	48	time	time	NOUN
fbem-29600	32	49	,	,	PUNCT
fbem-29600	32	50	and	and	CCONJ
fbem-29600	32	51	measures	measure	VERB
fbem-29600	32	52	the	the	DET
fbem-29600	32	53	final	final	ADJ
fbem-29600	32	54	fiscal	fiscal	ADJ
fbem-29600	32	55	policy	policy	NOUN
fbem-29600	32	56	effect	effect	NOUN
fbem-29600	32	57	,	,	PUNCT
fbem-29600	32	58	and	and	CCONJ
fbem-29600	32	59	the	the	DET
fbem-29600	32	60	latter	latter	ADJ
fbem-29600	32	61	is	be	AUX
fbem-29600	32	62	the	the	DET
fbem-29600	32	63	case	case	NOUN
fbem-29600	32	64	when	when	SCONJ
fbem-29600	32	65	only	only	ADV
fbem-29600	32	66	the	the	DET
fbem-29600	32	67	product	product	NOUN
fbem-29600	32	68	market	market	NOUN
fbem-29600	32	69	is	be	AUX
fbem-29600	32	70	taken	take	VERB
fbem-29600	32	71	into	into	ADP
fbem-29600	32	72	account	account	NOUN
fbem-29600	32	73	in	in	ADP
fbem-29600	32	74	the	the	DET
fbem-29600	32	75	simple	simple	ADJ
fbem-29600	32	76	model	model	NOUN
fbem-29600	32	77	of	of	ADP
fbem-29600	32	78	national	national	ADJ
fbem-29600	32	79	income	income	NOUN
fbem-29600	32	80	determination	determination	NOUN
fbem-29600	32	81	.	.	PUNCT
fbem-29600	33	1	because	because	SCONJ
fbem-29600	33	2	of	of	ADP
fbem-29600	33	3	the	the	DET
fbem-29600	33	4	crowding	crowd	VERB
fbem-29600	33	5	out	out	ADP
fbem-29600	33	6	effect	effect	NOUN
fbem-29600	33	7	,	,	PUNCT
fbem-29600	33	8	the	the	DET
fbem-29600	33	9	fiscal	fiscal	ADJ
fbem-29600	33	10	policy	policy	NOUN
fbem-29600	33	11	multiplier	multiplier	ADV
fbem-29600	33	12	is	be	AUX
fbem-29600	33	13	smaller	small	ADJ
fbem-29600	33	14	than	than	ADP
fbem-29600	33	15	the	the	DET
fbem-29600	33	16	size	size	NOUN
fbem-29600	33	17	of	of	ADP
fbem-29600	33	18	the	the	DET
fbem-29600	33	19	corresponding	corresponding	ADJ
fbem-29600	33	20	multiplier	multiplier	NOUN
fbem-29600	33	21	in	in	ADP
fbem-29600	33	22	the	the	DET
fbem-29600	33	23	simple	simple	ADJ
fbem-29600	33	24	national	national	ADJ
fbem-29600	33	25	income	income	NOUN
fbem-29600	33	26	model	model	NOUN
fbem-29600	33	27	.	.	PUNCT
fbem-29600	34	1	as	as	SCONJ
fbem-29600	34	2	can	can	AUX
fbem-29600	34	3	be	be	AUX
fbem-29600	34	4	seen	see	VERB
fbem-29600	34	5	from	from	ADP
fbem-29600	34	6	the	the	DET
fbem-29600	34	7	definition	definition	NOUN
fbem-29600	34	8	,	,	PUNCT
fbem-29600	34	9	the	the	DET
fbem-29600	34	10	introduction	introduction	NOUN
fbem-29600	34	11	of	of	ADP
fbem-29600	34	12	expansionary	expansionary	ADJ
fbem-29600	34	13	fiscal	fiscal	ADJ
fbem-29600	34	14	policy	policy	NOUN
fbem-29600	34	15	to	to	PART
fbem-29600	34	16	expand	expand	VERB
fbem-29600	34	17	output	output	NOUN
fbem-29600	34	18	has	have	VERB
fbem-29600	34	19	a	a	DET
fbem-29600	34	20	better	well	ADJ
fbem-29600	34	21	policy	policy	NOUN
fbem-29600	34	22	effect	effect	NOUN
fbem-29600	34	23	if	if	SCONJ
fbem-29600	34	24	the	the	DET
fbem-29600	34	25	crowding	crowd	VERB
fbem-29600	34	26	-	-	PUNCT
fbem-29600	34	27	out	out	ADP
fbem-29600	34	28	effect	effect	NOUN
fbem-29600	34	29	is	be	AUX
fbem-29600	34	30	smaller	small	ADJ
fbem-29600	34	31	and	and	CCONJ
fbem-29600	34	32	the	the	DET
fbem-29600	34	33	fiscal	fiscal	ADJ
fbem-29600	34	34	policy	policy	NOUN
fbem-29600	34	35	multiplier	multiplier	ADV
fbem-29600	34	36	is	be	AUX
fbem-29600	34	37	larger	large	ADJ
fbem-29600	34	38	.	.	PUNCT
fbem-29600	35	1	this	this	DET
fbem-29600	35	2	paper	paper	NOUN
fbem-29600	35	3	analyzes	analyze	VERB
fbem-29600	35	4	the	the	DET
fbem-29600	35	5	crowding	crowd	VERB
fbem-29600	35	6	out	out	ADP
fbem-29600	35	7	effect	effect	NOUN
fbem-29600	35	8	through	through	ADP
fbem-29600	35	9	the	the	DET
fbem-29600	35	10	islm	islm	ADJ
fbem-29600	35	11	model	model	NOUN
fbem-29600	35	12	,	,	PUNCT
fbem-29600	35	13	and	and	CCONJ
fbem-29600	35	14	then	then	ADV
fbem-29600	35	15	explains	explain	VERB
fbem-29600	35	16	the	the	DET
fbem-29600	35	17	impact	impact	NOUN
fbem-29600	35	18	that	that	PRON
fbem-29600	35	19	tax	tax	NOUN
fbem-29600	35	20	cuts	cut	NOUN
fbem-29600	35	21	and	and	CCONJ
fbem-29600	35	22	fee	fee	NOUN
fbem-29600	35	23	reductions	reduction	NOUN
fbem-29600	35	24	will	will	AUX
fbem-29600	35	25	bring	bring	VERB
fbem-29600	35	26	.	.	PUNCT
fbem-29600	36	1	it	it	PRON
fbem-29600	36	2	is	be	AUX
fbem-29600	36	3	explained	explain	VERB
fbem-29600	36	4	below	below	ADV
fbem-29600	36	5	in	in	ADP
fbem-29600	36	6	conjunction	conjunction	NOUN
fbem-29600	36	7	with	with	ADP
fbem-29600	36	8	the	the	DET
fbem-29600	36	9	graph	graph	NOUN
fbem-29600	36	10	of	of	ADP
fbem-29600	36	11	the	the	DET
fbem-29600	36	12	is	is	NOUN
fbem-29600	36	13	-	-	PUNCT
fbem-29600	36	14	lm	lm	NUM
fbem-29600	36	15	model	model	NOUN
fbem-29600	36	16	.	.	PUNCT
fbem-29600	37	1	figure	figure	NOUN
fbem-29600	37	2	1	1	NUM
fbem-29600	37	3	.	.	PUNCT
fbem-29600	38	1	is	be	AUX
fbem-29600	38	2	-	-	PUNCT
fbem-29600	38	3	lm	lm	NUM
fbem-29600	38	4	model	model	NOUN
fbem-29600	38	5	when	when	SCONJ
fbem-29600	38	6	the	the	DET
fbem-29600	38	7	government	government	NOUN
fbem-29600	38	8	implements	implement	VERB
fbem-29600	38	9	the	the	DET
fbem-29600	38	10	policy	policy	NOUN
fbem-29600	38	11	of	of	ADP
fbem-29600	38	12	tax	tax	NOUN
fbem-29600	38	13	cuts	cut	NOUN
fbem-29600	38	14	and	and	CCONJ
fbem-29600	38	15	fee	fee	NOUN
fbem-29600	38	16	reductions	reduction	NOUN
fbem-29600	38	17	,	,	PUNCT
fbem-29600	38	18	disposable	disposable	ADJ
fbem-29600	38	19	income	income	NOUN
fbem-29600	38	20	increases	increase	NOUN
fbem-29600	38	21	,	,	PUNCT
fbem-29600	38	22	which	which	PRON
fbem-29600	38	23	leads	lead	VERB
fbem-29600	38	24	to	to	ADP
fbem-29600	38	25	a	a	DET
fbem-29600	38	26	further	further	ADJ
fbem-29600	38	27	increase	increase	NOUN
fbem-29600	38	28	in	in	ADP
fbem-29600	38	29	consumption	consumption	NOUN
fbem-29600	38	30	,	,	PUNCT
fbem-29600	38	31	and	and	CCONJ
fbem-29600	38	32	at	at	ADP
fbem-29600	38	33	the	the	DET
fbem-29600	38	34	same	same	ADJ
fbem-29600	38	35	time	time	NOUN
fbem-29600	38	36	,	,	PUNCT
fbem-29600	38	37	112	112	NUM
fbem-29600	38	38	taxes	taxis	NOUN
fbem-29600	38	39	have	have	VERB
fbem-29600	38	40	the	the	DET
fbem-29600	38	41	effect	effect	NOUN
fbem-29600	38	42	of	of	ADP
fbem-29600	38	43	regulating	regulate	VERB
fbem-29600	38	44	income	income	NOUN
fbem-29600	38	45	distribution	distribution	NOUN
fbem-29600	38	46	,	,	PUNCT
fbem-29600	38	47	according	accord	VERB
fbem-29600	38	48	to	to	ADP
fbem-29600	38	49	the	the	DET
fbem-29600	38	50	law	law	NOUN
fbem-29600	38	51	of	of	ADP
fbem-29600	38	52	diminishing	diminish	VERB
fbem-29600	38	53	marginal	marginal	ADJ
fbem-29600	38	54	propensity	propensity	NOUN
fbem-29600	38	55	to	to	PART
fbem-29600	38	56	consume	consume	VERB
fbem-29600	38	57	,	,	PUNCT
fbem-29600	38	58	higher	high	ADJ
fbem-29600	38	59	income	income	NOUN
fbem-29600	38	60	groups	group	NOUN
fbem-29600	38	61	will	will	AUX
fbem-29600	38	62	not	not	PART
fbem-29600	38	63	reduce	reduce	VERB
fbem-29600	38	64	their	their	PRON
fbem-29600	38	65	consumption	consumption	NOUN
fbem-29600	38	66	by	by	ADP
fbem-29600	38	67	too	too	ADV
fbem-29600	38	68	much	much	ADJ
fbem-29600	38	69	,	,	PUNCT
fbem-29600	38	70	while	while	SCONJ
fbem-29600	38	71	the	the	DET
fbem-29600	38	72	consumption	consumption	NOUN
fbem-29600	38	73	of	of	ADP
fbem-29600	38	74	lowincome	lowincome	NOUN
fbem-29600	38	75	groups	group	NOUN
fbem-29600	38	76	will	will	AUX
fbem-29600	38	77	increase	increase	VERB
fbem-29600	38	78	,	,	PUNCT
fbem-29600	38	79	which	which	PRON
fbem-29600	38	80	will	will	AUX
fbem-29600	38	81	favorably	favorably	ADV
fbem-29600	38	82	stimulate	stimulate	VERB
fbem-29600	38	83	an	an	DET
fbem-29600	38	84	increase	increase	NOUN
fbem-29600	38	85	in	in	ADP
fbem-29600	38	86	the	the	DET
fbem-29600	38	87	overall	overall	ADJ
fbem-29600	38	88	level	level	NOUN
fbem-29600	38	89	of	of	ADP
fbem-29600	38	90	consumption	consumption	NOUN
fbem-29600	38	91	,	,	PUNCT
fbem-29600	38	92	and	and	CCONJ
fbem-29600	38	93	output	output	NOUN
fbem-29600	38	94	will	will	AUX
fbem-29600	38	95	correspondingly	correspondingly	ADV
fbem-29600	38	96	increase	increase	VERB
fbem-29600	38	97	,	,	PUNCT
fbem-29600	38	98	and	and	CCONJ
fbem-29600	38	99	the	the	PRON
fbem-29600	38	100	is	be	AUX
fbem-29600	38	101	curve	curve	ADJ
fbem-29600	38	102	shifts	shift	NOUN
fbem-29600	38	103	to	to	ADP
fbem-29600	38	104	the	the	DET
fbem-29600	38	105	right	right	NOUN
fbem-29600	38	106	and	and	CCONJ
fbem-29600	38	107	upwards	upwards	ADV
fbem-29600	38	108	,	,	PUNCT
fbem-29600	38	109	and	and	CCONJ
fbem-29600	38	110	moves	move	NOUN
fbem-29600	38	111	to	to	ADP
fbem-29600	38	112	the	the	DET
fbem-29600	38	113	position	position	NOUN
fbem-29600	38	114	of	of	ADP
fbem-29600	38	115	is	be	AUX
fbem-29600	38	116	'	'	PUNCT
fbem-29600	38	117	.	.	PUNCT
fbem-29600	39	1	at	at	ADP
fbem-29600	39	2	this	this	DET
fbem-29600	39	3	point	point	NOUN
fbem-29600	39	4	,	,	PUNCT
fbem-29600	39	5	if	if	SCONJ
fbem-29600	39	6	the	the	DET
fbem-29600	39	7	money	money	NOUN
fbem-29600	39	8	market	market	NOUN
fbem-29600	39	9	is	be	AUX
fbem-29600	39	10	not	not	PART
fbem-29600	39	11	taken	take	VERB
fbem-29600	39	12	into	into	ADP
fbem-29600	39	13	account	account	NOUN
fbem-29600	39	14	and	and	CCONJ
fbem-29600	39	15	the	the	DET
fbem-29600	39	16	interest	interest	NOUN
fbem-29600	39	17	rate	rate	NOUN
fbem-29600	39	18	remains	remain	VERB
fbem-29600	39	19	at	at	ADP
fbem-29600	39	20	its	its	PRON
fbem-29600	39	21	original	original	ADJ
fbem-29600	39	22	level	level	NOUN
fbem-29600	39	23	,	,	PUNCT
fbem-29600	39	24	output	output	NOUN
fbem-29600	39	25	changes	change	NOUN
fbem-29600	39	26	from	from	ADP
fbem-29600	39	27	y1	y1	NOUN
fbem-29600	39	28	to	to	ADP
fbem-29600	39	29	y2	y2	NOUN
fbem-29600	39	30	.	.	PUNCT
fbem-29600	40	1	if	if	SCONJ
fbem-29600	40	2	the	the	DET
fbem-29600	40	3	money	money	NOUN
fbem-29600	40	4	market	market	NOUN
fbem-29600	40	5	is	be	AUX
fbem-29600	40	6	taken	take	VERB
fbem-29600	40	7	into	into	ADP
fbem-29600	40	8	account	account	NOUN
fbem-29600	40	9	,	,	PUNCT
fbem-29600	40	10	the	the	DET
fbem-29600	40	11	increase	increase	NOUN
fbem-29600	40	12	in	in	ADP
fbem-29600	40	13	output	output	NOUN
fbem-29600	40	14	changes	change	VERB
fbem-29600	40	15	the	the	DET
fbem-29600	40	16	equilibrium	equilibrium	NOUN
fbem-29600	40	17	situation	situation	NOUN
fbem-29600	40	18	in	in	ADP
fbem-29600	40	19	the	the	DET
fbem-29600	40	20	money	money	NOUN
fbem-29600	40	21	market	market	NOUN
fbem-29600	40	22	,	,	PUNCT
fbem-29600	40	23	accompanied	accompany	VERB
fbem-29600	40	24	by	by	ADP
fbem-29600	40	25	an	an	DET
fbem-29600	40	26	increase	increase	NOUN
fbem-29600	40	27	in	in	ADP
fbem-29600	40	28	output	output	NOUN
fbem-29600	40	29	,	,	PUNCT
fbem-29600	40	30	an	an	DET
fbem-29600	40	31	increase	increase	NOUN
fbem-29600	40	32	in	in	ADP
fbem-29600	40	33	the	the	DET
fbem-29600	40	34	demand	demand	NOUN
fbem-29600	40	35	for	for	ADP
fbem-29600	40	36	money	money	NOUN
fbem-29600	40	37	for	for	ADP
fbem-29600	40	38	trading	trading	NOUN
fbem-29600	40	39	motives	motive	NOUN
fbem-29600	40	40	,	,	PUNCT
fbem-29600	40	41	and	and	CCONJ
fbem-29600	40	42	thus	thus	ADV
fbem-29600	40	43	an	an	DET
fbem-29600	40	44	increase	increase	NOUN
fbem-29600	40	45	in	in	ADP
fbem-29600	40	46	the	the	DET
fbem-29600	40	47	total	total	ADJ
fbem-29600	40	48	demand	demand	NOUN
fbem-29600	40	49	for	for	ADP
fbem-29600	40	50	money	money	NOUN
fbem-29600	40	51	,	,	PUNCT
fbem-29600	40	52	which	which	PRON
fbem-29600	40	53	leads	lead	VERB
fbem-29600	40	54	to	to	ADP
fbem-29600	40	55	an	an	DET
fbem-29600	40	56	increase	increase	NOUN
fbem-29600	40	57	in	in	ADP
fbem-29600	40	58	the	the	DET
fbem-29600	40	59	price	price	NOUN
fbem-29600	40	60	of	of	ADP
fbem-29600	40	61	monetary	monetary	ADJ
fbem-29600	40	62	assets	asset	NOUN
fbem-29600	40	63	,	,	PUNCT
fbem-29600	40	64	i.e.	i.e.	X
fbem-29600	40	65	,	,	PUNCT
fbem-29600	40	66	the	the	DET
fbem-29600	40	67	interest	interest	NOUN
fbem-29600	40	68	rate	rate	NOUN
fbem-29600	40	69	,	,	PUNCT
fbem-29600	40	70	under	under	ADP
fbem-29600	40	71	the	the	DET
fbem-29600	40	72	condition	condition	NOUN
fbem-29600	40	73	that	that	SCONJ
fbem-29600	40	74	the	the	DET
fbem-29600	40	75	money	money	NOUN
fbem-29600	40	76	supply	supply	NOUN
fbem-29600	40	77	remains	remain	VERB
fbem-29600	40	78	unchanged	unchanged	ADJ
fbem-29600	40	79	.	.	PUNCT
fbem-29600	41	1	the	the	DET
fbem-29600	41	2	impact	impact	NOUN
fbem-29600	41	3	of	of	ADP
fbem-29600	41	4	the	the	DET
fbem-29600	41	5	tax	tax	NOUN
fbem-29600	41	6	cut	cut	NOUN
fbem-29600	41	7	is	be	AUX
fbem-29600	41	8	transmitted	transmit	VERB
fbem-29600	41	9	from	from	ADP
fbem-29600	41	10	the	the	DET
fbem-29600	41	11	product	product	NOUN
fbem-29600	41	12	market	market	NOUN
fbem-29600	41	13	to	to	ADP
fbem-29600	41	14	the	the	DET
fbem-29600	41	15	money	money	NOUN
fbem-29600	41	16	market	market	NOUN
fbem-29600	41	17	,	,	PUNCT
fbem-29600	41	18	so	so	CCONJ
fbem-29600	41	19	the	the	DET
fbem-29600	41	20	actual	actual	ADJ
fbem-29600	41	21	equilibrium	equilibrium	NOUN
fbem-29600	41	22	point	point	NOUN
fbem-29600	41	23	is	be	AUX
fbem-29600	41	24	pointing	point	VERB
fbem-29600	41	25	b.	b.	NOUN
fbem-29600	41	26	the	the	DET
fbem-29600	41	27	rise	rise	NOUN
fbem-29600	41	28	in	in	ADP
fbem-29600	41	29	interest	interest	NOUN
fbem-29600	41	30	rates	rate	NOUN
fbem-29600	41	31	brings	bring	VERB
fbem-29600	41	32	about	about	ADP
fbem-29600	41	33	a	a	DET
fbem-29600	41	34	reduction	reduction	NOUN
fbem-29600	41	35	in	in	ADP
fbem-29600	41	36	private	private	ADJ
fbem-29600	41	37	sector	sector	NOUN
fbem-29600	41	38	investment	investment	NOUN
fbem-29600	41	39	,	,	PUNCT
fbem-29600	41	40	so	so	SCONJ
fbem-29600	41	41	in	in	ADP
fbem-29600	41	42	fact	fact	NOUN
fbem-29600	41	43	the	the	DET
fbem-29600	41	44	output	output	NOUN
fbem-29600	41	45	just	just	ADV
fbem-29600	41	46	increased	increase	VERB
fbem-29600	41	47	to	to	ADP
fbem-29600	41	48	y3	y3	NOUN
fbem-29600	41	49	,	,	PUNCT
fbem-29600	41	50	not	not	PART
fbem-29600	41	51	only	only	ADV
fbem-29600	41	52	consider	consider	VERB
fbem-29600	41	53	the	the	DET
fbem-29600	41	54	product	product	NOUN
fbem-29600	41	55	market	market	NOUN
fbem-29600	41	56	so	so	ADV
fbem-29600	41	57	large	large	ADJ
fbem-29600	41	58	,	,	PUNCT
fbem-29600	41	59	tax	tax	NOUN
fbem-29600	41	60	cuts	cut	NOUN
fbem-29600	41	61	and	and	CCONJ
fbem-29600	41	62	fee	fee	NOUN
fbem-29600	41	63	reductions	reduction	NOUN
fbem-29600	41	64	brought	bring	VERB
fbem-29600	41	65	about	about	ADP
fbem-29600	41	66	by	by	ADP
fbem-29600	41	67	a	a	DET
fbem-29600	41	68	part	part	NOUN
fbem-29600	41	69	of	of	ADP
fbem-29600	41	70	the	the	DET
fbem-29600	41	71	increase	increase	NOUN
fbem-29600	41	72	in	in	ADP
fbem-29600	41	73	output	output	NOUN
fbem-29600	41	74	by	by	ADP
fbem-29600	41	75	the	the	DET
fbem-29600	41	76	reduction	reduction	NOUN
fbem-29600	41	77	in	in	ADP
fbem-29600	41	78	investment	investment	NOUN
fbem-29600	41	79	to	to	PART
fbem-29600	41	80	offset	offset	VERB
fbem-29600	41	81	,	,	PUNCT
fbem-29600	41	82	so	so	CCONJ
fbem-29600	41	83	(	(	PUNCT
fbem-29600	41	84	y2	y2	NOUN
fbem-29600	41	85	-	-	PUNCT
fbem-29600	41	86	y3	y3	NOUN
fbem-29600	41	87	)	)	PUNCT
fbem-29600	41	88	for	for	ADP
fbem-29600	41	89	the	the	DET
fbem-29600	41	90	part	part	NOUN
fbem-29600	41	91	of	of	ADP
fbem-29600	41	92	the	the	DET
fbem-29600	41	93	extrusion	extrusion	NOUN
fbem-29600	41	94	,	,	PUNCT
fbem-29600	41	95	which	which	PRON
fbem-29600	41	96	also	also	ADV
fbem-29600	41	97	reflects	reflect	VERB
fbem-29600	41	98	the	the	DET
fbem-29600	41	99	size	size	NOUN
fbem-29600	41	100	of	of	ADP
fbem-29600	41	101	the	the	DET
fbem-29600	41	102	crowding	crowd	VERB
fbem-29600	41	103	out	out	ADP
fbem-29600	41	104	effect	effect	NOUN
fbem-29600	41	105	.	.	PUNCT
fbem-29600	42	1	in	in	ADP
fbem-29600	42	2	contrast	contrast	NOUN
fbem-29600	42	3	,	,	PUNCT
fbem-29600	42	4	(	(	PUNCT
fbem-29600	42	5	y3	y3	NOUN
fbem-29600	42	6	-	-	PUNCT
fbem-29600	42	7	y1	y1	NOUN
fbem-29600	42	8	)	)	PUNCT
fbem-29600	42	9	from	from	ADP
fbem-29600	42	10	point	point	NOUN
fbem-29600	42	11	a	a	PRON
fbem-29600	42	12	to	to	PART
fbem-29600	42	13	point	point	VERB
fbem-29600	42	14	b	b	PROPN
fbem-29600	42	15	is	be	AUX
fbem-29600	42	16	the	the	DET
fbem-29600	42	17	increase	increase	NOUN
fbem-29600	42	18	in	in	ADP
fbem-29600	42	19	output	output	NOUN
fbem-29600	42	20	resulting	result	VERB
fbem-29600	42	21	from	from	ADP
fbem-29600	42	22	the	the	DET
fbem-29600	42	23	actual	actual	ADJ
fbem-29600	42	24	tax	tax	NOUN
fbem-29600	42	25	and	and	CCONJ
fbem-29600	42	26	fee	fee	NOUN
fbem-29600	42	27	cuts	cut	NOUN
fbem-29600	42	28	,	,	PUNCT
fbem-29600	42	29	reflecting	reflect	VERB
fbem-29600	42	30	the	the	DET
fbem-29600	42	31	size	size	NOUN
fbem-29600	42	32	of	of	ADP
fbem-29600	42	33	the	the	DET
fbem-29600	42	34	fiscal	fiscal	ADJ
fbem-29600	42	35	policy	policy	NOUN
fbem-29600	42	36	multiplier	multiplier	ADV
fbem-29600	42	37	.	.	PUNCT
fbem-29600	43	1	when	when	SCONJ
fbem-29600	43	2	the	the	DET
fbem-29600	43	3	lm	lm	ADJ
fbem-29600	43	4	curve	curve	NOUN
fbem-29600	43	5	is	be	AUX
fbem-29600	43	6	flatter	flatter	ADJ
fbem-29600	43	7	and	and	CCONJ
fbem-29600	43	8	the	the	PRON
fbem-29600	43	9	is	be	AUX
fbem-29600	43	10	curve	curve	NOUN
fbem-29600	43	11	is	be	AUX
fbem-29600	43	12	steeper	steep	ADJ
fbem-29600	43	13	,	,	PUNCT
fbem-29600	43	14	the	the	DET
fbem-29600	43	15	smaller	small	ADJ
fbem-29600	43	16	(	(	PUNCT
fbem-29600	43	17	y2	y2	NOUN
fbem-29600	43	18	-	-	PUNCT
fbem-29600	43	19	y3	y3	NOUN
fbem-29600	43	20	)	)	PUNCT
fbem-29600	43	21	is	be	AUX
fbem-29600	43	22	,	,	PUNCT
fbem-29600	43	23	the	the	PRON
fbem-29600	43	24	smaller	small	ADJ
fbem-29600	43	25	the	the	DET
fbem-29600	43	26	crowding	crowd	VERB
fbem-29600	43	27	-	-	PUNCT
fbem-29600	43	28	out	out	ADP
fbem-29600	43	29	effect	effect	NOUN
fbem-29600	43	30	is	be	AUX
fbem-29600	43	31	and	and	CCONJ
fbem-29600	43	32	the	the	DET
fbem-29600	43	33	more	more	ADV
fbem-29600	43	34	effective	effective	ADJ
fbem-29600	43	35	fiscal	fiscal	ADJ
fbem-29600	43	36	policy	policy	NOUN
fbem-29600	43	37	is	be	AUX
fbem-29600	43	38	.	.	PUNCT
fbem-29600	44	1	3.2	3.2	NUM
fbem-29600	44	2	.	.	PUNCT
fbem-29600	45	1	mathematical	mathematical	ADJ
fbem-29600	45	2	derivation	derivation	NOUN
fbem-29600	45	3	first	first	ADV
fbem-29600	45	4	let	let	VERB
fbem-29600	45	5	the	the	DET
fbem-29600	45	6	equilibrium	equilibrium	NOUN
fbem-29600	45	7	in	in	ADP
fbem-29600	45	8	the	the	DET
fbem-29600	45	9	product	product	NOUN
fbem-29600	45	10	market	market	NOUN
fbem-29600	45	11	satisfy	satisfy	VERB
fbem-29600	45	12	the	the	DET
fbem-29600	45	13	set	set	NOUN
fbem-29600	45	14	of	of	ADP
fbem-29600	45	15	equations	equation	NOUN
fbem-29600	45	16	.	.	PUNCT
fbem-29600	46	1	𝑦	𝑦	PRON
fbem-29600	46	2	𝑐	𝑐	NOUN
fbem-29600	46	3	𝑖	𝑖	VERB
fbem-29600	46	4	𝑔	𝑔	PROPN
fbem-29600	46	5	𝑐	𝑐	PROPN
fbem-29600	46	6	𝛼	𝛼	PROPN
fbem-29600	46	7	𝛽	𝛽	NOUN
fbem-29600	46	8	𝑦	𝑦	NUM
fbem-29600	46	9	𝑡	𝑡	PART
fbem-29600	46	10	𝑡𝑦	𝑡𝑦	NOUN
fbem-29600	46	11	𝑡𝑟	𝑡𝑟	VERB
fbem-29600	46	12	𝑖	𝑖	X
fbem-29600	46	13	𝑒	𝑒	PROPN
fbem-29600	46	14	𝑑𝑟	𝑑𝑟	NOUN
fbem-29600	46	15	from	from	ADP
fbem-29600	46	16	this	this	PRON
fbem-29600	46	17	,	,	PUNCT
fbem-29600	46	18	the	the	PRON
fbem-29600	46	19	is	be	AUX
fbem-29600	46	20	curve	curve	NOUN
fbem-29600	46	21	equation	equation	NOUN
fbem-29600	46	22	can	can	AUX
fbem-29600	46	23	be	be	AUX
fbem-29600	46	24	solved	solve	VERB
fbem-29600	46	25	:	:	PUNCT
fbem-29600	46	26	y	y	PROPN
fbem-29600	46	27	α	α	INTJ
fbem-29600	46	28	βt	βt	VERB
fbem-29600	46	29	βtr	βtr	PROPN
fbem-29600	46	30	e	e	PROPN
fbem-29600	46	31	dr	dr	PROPN
fbem-29600	46	32	g	g	PROPN
fbem-29600	46	33	(	(	PUNCT
fbem-29600	46	34	1	1	X
fbem-29600	46	35	)	)	PUNCT
fbem-29600	46	36	let	let	VERB
fbem-29600	46	37	the	the	DET
fbem-29600	46	38	equilibrium	equilibrium	NOUN
fbem-29600	46	39	in	in	ADP
fbem-29600	46	40	the	the	DET
fbem-29600	46	41	money	money	NOUN
fbem-29600	46	42	market	market	NOUN
fbem-29600	46	43	satisfy	satisfy	VERB
fbem-29600	46	44	the	the	DET
fbem-29600	46	45	system	system	NOUN
fbem-29600	46	46	of	of	ADP
fbem-29600	46	47	equations	equation	NOUN
fbem-29600	46	48	:	:	PUNCT
fbem-29600	46	49	𝐿	𝐿	PROPN
fbem-29600	46	50	𝑘𝑦	𝑘𝑦	PROPN
fbem-29600	46	51	ℎ𝑟	ℎ𝑟	ADP
fbem-29600	46	52	𝑚	𝑚	X
fbem-29600	46	53	𝑀	𝑀	PROPN
fbem-29600	46	54	𝑃	𝑃	PROPN
fbem-29600	46	55	𝐿	𝐿	PROPN
fbem-29600	46	56	𝑚	𝑚	NOUN
fbem-29600	46	57	from	from	ADP
fbem-29600	46	58	this	this	PRON
fbem-29600	46	59	,	,	PUNCT
fbem-29600	46	60	the	the	DET
fbem-29600	46	61	lm	lm	ADJ
fbem-29600	46	62	curve	curve	NOUN
fbem-29600	46	63	equation	equation	NOUN
fbem-29600	46	64	can	can	AUX
fbem-29600	46	65	be	be	AUX
fbem-29600	46	66	solved	solve	VERB
fbem-29600	46	67	:	:	PUNCT
fbem-29600	46	68	r	r	NOUN
fbem-29600	46	69	(	(	PUNCT
fbem-29600	46	70	2	2	NUM
fbem-29600	46	71	)	)	PUNCT
fbem-29600	46	72	joining	join	VERB
fbem-29600	46	73	(	(	PUNCT
fbem-29600	46	74	1	1	NUM
fbem-29600	46	75	)	)	PUNCT
fbem-29600	46	76	(	(	PUNCT
fbem-29600	46	77	2	2	NUM
fbem-29600	46	78	)	)	PUNCT
fbem-29600	46	79	and	and	CCONJ
fbem-29600	46	80	eliminating	eliminate	VERB
fbem-29600	46	81	r	r	NOUN
fbem-29600	46	82	yields	yield	NOUN
fbem-29600	46	83	the	the	DET
fbem-29600	46	84	equation	equation	NOUN
fbem-29600	46	85	for	for	ADP
fbem-29600	46	86	the	the	DET
fbem-29600	46	87	aggregate	aggregate	ADJ
fbem-29600	46	88	demand	demand	NOUN
fbem-29600	46	89	function	function	NOUN
fbem-29600	46	90	:	:	PUNCT
fbem-29600	46	91	y	y	PROPN
fbem-29600	46	92	α	α	INTJ
fbem-29600	46	93	βt	βt	VERB
fbem-29600	46	94	βtr	βtr	PROPN
fbem-29600	46	95	e	e	PROPN
fbem-29600	46	96	g	g	PROPN
fbem-29600	46	97	(	(	PUNCT
fbem-29600	46	98	3	3	NUM
fbem-29600	46	99	)	)	PUNCT
fbem-29600	46	100	similar	similar	ADJ
fbem-29600	46	101	to	to	ADP
fbem-29600	46	102	the	the	DET
fbem-29600	46	103	analysis	analysis	NOUN
fbem-29600	46	104	of	of	ADP
fbem-29600	46	105	the	the	DET
fbem-29600	46	106	crowding	crowd	VERB
fbem-29600	46	107	out	out	ADP
fbem-29600	46	108	effect	effect	NOUN
fbem-29600	46	109	due	due	ADP
fbem-29600	46	110	to	to	ADP
fbem-29600	46	111	government	government	NOUN
fbem-29600	46	112	purchases	purchase	NOUN
fbem-29600	46	113	and	and	CCONJ
fbem-29600	46	114	the	the	DET
fbem-29600	46	115	fiscal	fiscal	ADJ
fbem-29600	46	116	policy	policy	NOUN
fbem-29600	46	117	multiplier	multiplier	ADV
fbem-29600	46	118	,	,	PUNCT
fbem-29600	46	119	the	the	DET
fbem-29600	46	120	variable	variable	NOUN
fbem-29600	46	121	focused	focus	VERB
fbem-29600	46	122	on	on	ADP
fbem-29600	46	123	here	here	ADV
fbem-29600	46	124	is	be	AUX
fbem-29600	46	125	taxes	taxis	NOUN
fbem-29600	46	126	.	.	PUNCT
fbem-29600	47	1	when	when	SCONJ
fbem-29600	47	2	the	the	DET
fbem-29600	47	3	money	money	NOUN
fbem-29600	47	4	market	market	NOUN
fbem-29600	47	5	is	be	AUX
fbem-29600	47	6	not	not	PART
fbem-29600	47	7	taken	take	VERB
fbem-29600	47	8	into	into	ADP
fbem-29600	47	9	account	account	NOUN
fbem-29600	47	10	,	,	PUNCT
fbem-29600	47	11	only	only	ADV
fbem-29600	47	12	the	the	DET
fbem-29600	47	13	product	product	NOUN
fbem-29600	47	14	market	market	NOUN
fbem-29600	47	15	is	be	AUX
fbem-29600	47	16	considered	consider	VERB
fbem-29600	47	17	,	,	PUNCT
fbem-29600	47	18	and	and	CCONJ
fbem-29600	47	19	the	the	DET
fbem-29600	47	20	change	change	NOUN
fbem-29600	47	21	in	in	ADP
fbem-29600	47	22	interest	interest	NOUN
fbem-29600	47	23	rates	rate	NOUN
fbem-29600	47	24	due	due	ADP
fbem-29600	47	25	to	to	ADP
fbem-29600	47	26	tax	tax	NOUN
fbem-29600	47	27	cuts	cut	NOUN
fbem-29600	47	28	and	and	CCONJ
fbem-29600	47	29	fee	fee	NOUN
fbem-29600	47	30	reductions	reduction	NOUN
fbem-29600	47	31	is	be	AUX
fbem-29600	47	32	ignored	ignore	VERB
fbem-29600	47	33	,	,	PUNCT
fbem-29600	47	34	the	the	DET
fbem-29600	47	35	change	change	NOUN
fbem-29600	47	36	in	in	ADP
fbem-29600	47	37	revenues	revenue	NOUN
fbem-29600	47	38	due	due	ADP
fbem-29600	47	39	to	to	ADP
fbem-29600	47	40	tax	tax	NOUN
fbem-29600	47	41	cuts	cut	NOUN
fbem-29600	47	42	and	and	CCONJ
fbem-29600	47	43	fee	fee	NOUN
fbem-29600	47	44	reductions	reduction	NOUN
fbem-29600	47	45	is	be	AUX
fbem-29600	47	46	calculated	calculate	VERB
fbem-29600	47	47	by	by	ADP
fbem-29600	47	48	deriving	derive	VERB
fbem-29600	47	49	equation	equation	NOUN
fbem-29600	47	50	(	(	PUNCT
fbem-29600	47	51	1	1	NUM
fbem-29600	47	52	)	)	PUNCT
fbem-29600	47	53	from	from	ADP
fbem-29600	47	54	equation	equation	NOUN
fbem-29600	47	55	(	(	PUNCT
fbem-29600	47	56	4)(5	4)(5	NUM
fbem-29600	47	57	)	)	PUNCT
fbem-29600	47	58	,	,	PUNCT
fbem-29600	47	59	where	where	SCONJ
fbem-29600	47	60	equation	equation	NOUN
fbem-29600	47	61	(	(	PUNCT
fbem-29600	47	62	4	4	NUM
fbem-29600	47	63	)	)	PUNCT
fbem-29600	47	64	is	be	AUX
fbem-29600	47	65	the	the	DET
fbem-29600	47	66	change	change	NOUN
fbem-29600	47	67	in	in	ADP
fbem-29600	47	68	revenues	revenue	NOUN
fbem-29600	47	69	due	due	ADP
fbem-29600	47	70	to	to	ADP
fbem-29600	47	71	a	a	DET
fbem-29600	47	72	change	change	NOUN
fbem-29600	47	73	in	in	ADP
fbem-29600	47	74	the	the	DET
fbem-29600	47	75	amount	amount	NOUN
fbem-29600	47	76	of	of	ADP
fbem-29600	47	77	the	the	DET
fbem-29600	47	78	tax	tax	NOUN
fbem-29600	47	79	and	and	CCONJ
fbem-29600	47	80	equation	equation	NOUN
fbem-29600	47	81	(	(	PUNCT
fbem-29600	47	82	5	5	NUM
fbem-29600	47	83	)	)	PUNCT
fbem-29600	47	84	is	be	AUX
fbem-29600	47	85	the	the	DET
fbem-29600	47	86	change	change	NOUN
fbem-29600	47	87	in	in	ADP
fbem-29600	47	88	revenues	revenue	NOUN
fbem-29600	47	89	due	due	ADP
fbem-29600	47	90	to	to	ADP
fbem-29600	47	91	a	a	DET
fbem-29600	47	92	change	change	NOUN
fbem-29600	47	93	in	in	ADP
fbem-29600	47	94	the	the	DET
fbem-29600	47	95	rate	rate	NOUN
fbem-29600	47	96	of	of	ADP
fbem-29600	47	97	the	the	DET
fbem-29600	47	98	tax	tax	NOUN
fbem-29600	47	99	:	:	PUNCT
fbem-29600	47	100	(	(	PUNCT
fbem-29600	47	101	4	4	NUM
fbem-29600	47	102	)	)	PUNCT
fbem-29600	47	103	(	(	PUNCT
fbem-29600	47	104	5	5	NUM
fbem-29600	47	105	)	)	PUNCT
fbem-29600	47	106	and	and	CCONJ
fbem-29600	47	107	taking	take	VERB
fbem-29600	47	108	into	into	ADP
fbem-29600	47	109	account	account	NOUN
fbem-29600	47	110	the	the	DET
fbem-29600	47	111	change	change	NOUN
fbem-29600	47	112	in	in	ADP
fbem-29600	47	113	interest	interest	NOUN
fbem-29600	47	114	rates	rate	NOUN
fbem-29600	47	115	in	in	ADP
fbem-29600	47	116	the	the	DET
fbem-29600	47	117	crowding	crowd	VERB
fbem-29600	47	118	out	out	ADP
fbem-29600	47	119	effect	effect	NOUN
fbem-29600	47	120	,	,	PUNCT
fbem-29600	47	121	and	and	CCONJ
fbem-29600	47	122	considering	consider	VERB
fbem-29600	47	123	both	both	CCONJ
fbem-29600	47	124	money	money	NOUN
fbem-29600	47	125	and	and	CCONJ
fbem-29600	47	126	product	product	NOUN
fbem-29600	47	127	markets	market	NOUN
fbem-29600	47	128	,	,	PUNCT
fbem-29600	47	129	the	the	DET
fbem-29600	47	130	change	change	NOUN
fbem-29600	47	131	in	in	ADP
fbem-29600	47	132	revenue	revenue	NOUN
fbem-29600	47	133	from	from	ADP
fbem-29600	47	134	the	the	DET
fbem-29600	47	135	final	final	ADJ
fbem-29600	47	136	tax	tax	NOUN
fbem-29600	47	137	cut	cut	NOUN
fbem-29600	47	138	is	be	AUX
fbem-29600	47	139	obtained	obtain	VERB
fbem-29600	47	140	by	by	ADP
fbem-29600	47	141	deriving	derive	VERB
fbem-29600	47	142	(	(	PUNCT
fbem-29600	47	143	3	3	NUM
fbem-29600	47	144	):	):	PUNCT
fbem-29600	47	145	(	(	PUNCT
fbem-29600	47	146	6	6	NUM
fbem-29600	47	147	)	)	PUNCT
fbem-29600	47	148	(	(	PUNCT
fbem-29600	47	149	7	7	X
fbem-29600	47	150	)	)	PUNCT
fbem-29600	47	151	the	the	DET
fbem-29600	47	152	formula	formula	NOUN
fbem-29600	47	153	and	and	CCONJ
fbem-29600	47	154	(	(	PUNCT
fbem-29600	47	155	7	7	X
fbem-29600	47	156	)	)	PUNCT
fbem-29600	47	157	formula	formula	NOUN
fbem-29600	47	158	that	that	PRON
fbem-29600	47	159	is	be	AUX
fbem-29600	47	160	the	the	DET
fbem-29600	47	161	fiscal	fiscal	ADJ
fbem-29600	47	162	policy	policy	NOUN
fbem-29600	47	163	multiplier	multiplier	ADV
fbem-29600	47	164	studied	study	VERB
fbem-29600	47	165	in	in	ADP
fbem-29600	47	166	this	this	DET
fbem-29600	47	167	paper	paper	NOUN
fbem-29600	47	168	,	,	PUNCT
fbem-29600	47	169	with	with	ADP
fbem-29600	47	170	no	no	DET
fbem-29600	47	171	consideration	consideration	NOUN
fbem-29600	47	172	of	of	ADP
fbem-29600	47	173	interest	interest	NOUN
fbem-29600	47	174	rate	rate	NOUN
fbem-29600	47	175	changes	change	NOUN
fbem-29600	47	176	and	and	CCONJ
fbem-29600	47	177	crowding	crowd	VERB
fbem-29600	47	178	out	out	ADP
fbem-29600	47	179	effect	effect	NOUN
fbem-29600	47	180	under	under	ADP
fbem-29600	47	181	the	the	DET
fbem-29600	47	182	change	change	NOUN
fbem-29600	47	183	in	in	ADP
fbem-29600	47	184	output	output	NOUN
fbem-29600	47	185	minus	minus	ADP
fbem-29600	47	186	consideration	consideration	NOUN
fbem-29600	47	187	of	of	ADP
fbem-29600	47	188	the	the	DET
fbem-29600	47	189	crowding	crowd	VERB
fbem-29600	47	190	out	out	ADP
fbem-29600	47	191	effect	effect	NOUN
fbem-29600	47	192	under	under	ADP
fbem-29600	47	193	the	the	DET
fbem-29600	47	194	final	final	ADJ
fbem-29600	47	195	change	change	NOUN
fbem-29600	47	196	in	in	ADP
fbem-29600	47	197	output	output	NOUN
fbem-29600	47	198	that	that	PRON
fbem-29600	47	199	is	be	AUX
fbem-29600	47	200	the	the	DET
fbem-29600	47	201	size	size	NOUN
fbem-29600	47	202	of	of	ADP
fbem-29600	47	203	the	the	DET
fbem-29600	47	204	crowding	crowd	VERB
fbem-29600	47	205	out	out	ADP
fbem-29600	47	206	effect	effect	NOUN
fbem-29600	47	207	,	,	PUNCT
fbem-29600	47	208	that	that	ADV
fbem-29600	47	209	is	is	ADV
fbem-29600	47	210	,	,	PUNCT
fbem-29600	47	211	with	with	ADP
fbem-29600	47	212	the	the	DET
fbem-29600	47	213	(	(	PUNCT
fbem-29600	47	214	4	4	NUM
fbem-29600	47	215	)	)	PUNCT
fbem-29600	47	216	(	(	PUNCT
fbem-29600	47	217	5	5	X
fbem-29600	47	218	)	)	PUNCT
fbem-29600	47	219	formula	formula	NOUN
fbem-29600	47	220	,	,	PUNCT
fbem-29600	47	221	respectively	respectively	ADV
fbem-29600	47	222	,	,	PUNCT
fbem-29600	47	223	subtracted	subtract	VERB
fbem-29600	47	224	from	from	ADP
fbem-29600	47	225	the	the	DET
fbem-29600	47	226	(	(	PUNCT
fbem-29600	47	227	6	6	NUM
fbem-29600	47	228	)	)	PUNCT
fbem-29600	47	229	(	(	PUNCT
fbem-29600	47	230	7	7	X
fbem-29600	47	231	)	)	PUNCT
fbem-29600	47	232	formula	formula	NOUN
fbem-29600	47	233	,	,	PUNCT
fbem-29600	47	234	the	the	DET
fbem-29600	47	235	size	size	NOUN
fbem-29600	47	236	of	of	ADP
fbem-29600	47	237	the	the	DET
fbem-29600	47	238	crowding	crowd	VERB
fbem-29600	47	239	out	out	ADP
fbem-29600	47	240	effect	effect	NOUN
fbem-29600	47	241	can	can	AUX
fbem-29600	47	242	be	be	AUX
fbem-29600	47	243	obtained	obtain	VERB
fbem-29600	47	244	.	.	PUNCT
fbem-29600	48	1	4	4	X
fbem-29600	48	2	.	.	X
fbem-29600	48	3	analysis	analysis	NOUN
fbem-29600	48	4	of	of	ADP
fbem-29600	48	5	the	the	DET
fbem-29600	48	6	macro	macro	ADJ
fbem-29600	48	7	effect	effect	NOUN
fbem-29600	48	8	of	of	ADP
fbem-29600	48	9	china	china	PROPN
fbem-29600	48	10	's	's	PART
fbem-29600	48	11	tax	tax	NOUN
fbem-29600	48	12	cuts	cut	NOUN
fbem-29600	48	13	and	and	CCONJ
fbem-29600	48	14	fee	fee	NOUN
fbem-29600	48	15	reductions	reduction	NOUN
fbem-29600	48	16	4.1	4.1	NUM
fbem-29600	48	17	.	.	PUNCT
fbem-29600	48	18	tax	tax	NOUN
fbem-29600	48	19	and	and	CCONJ
fbem-29600	48	20	fee	fee	NOUN
fbem-29600	48	21	reductions	reduction	NOUN
fbem-29600	48	22	in	in	ADP
fbem-29600	48	23	china	china	PROPN
fbem-29600	48	24	since	since	SCONJ
fbem-29600	48	25	different	different	ADJ
fbem-29600	48	26	stages	stage	NOUN
fbem-29600	48	27	of	of	ADP
fbem-29600	48	28	the	the	DET
fbem-29600	48	29	tax	tax	NOUN
fbem-29600	48	30	reduction	reduction	NOUN
fbem-29600	48	31	policy	policy	NOUN
fbem-29600	48	32	face	face	VERB
fbem-29600	48	33	different	different	ADJ
fbem-29600	48	34	economic	economic	ADJ
fbem-29600	48	35	situations	situation	NOUN
fbem-29600	48	36	and	and	CCONJ
fbem-29600	48	37	hope	hope	VERB
fbem-29600	48	38	to	to	PART
fbem-29600	48	39	reach	reach	VERB
fbem-29600	48	40	different	different	ADJ
fbem-29600	48	41	goals	goal	NOUN
fbem-29600	48	42	,	,	PUNCT
fbem-29600	48	43	and	and	CCONJ
fbem-29600	48	44	the	the	DET
fbem-29600	48	45	effect	effect	NOUN
fbem-29600	48	46	of	of	ADP
fbem-29600	48	47	tax	tax	NOUN
fbem-29600	48	48	reduction	reduction	NOUN
fbem-29600	48	49	and	and	CCONJ
fbem-29600	48	50	fee	fee	NOUN
fbem-29600	48	51	reduction	reduction	NOUN
fbem-29600	48	52	varies	vary	VERB
fbem-29600	48	53	,	,	PUNCT
fbem-29600	48	54	this	this	DET
fbem-29600	48	55	paper	paper	NOUN
fbem-29600	48	56	hopes	hope	VERB
fbem-29600	48	57	to	to	PART
fbem-29600	48	58	target	target	VERB
fbem-29600	48	59	one	one	NUM
fbem-29600	48	60	of	of	ADP
fbem-29600	48	61	the	the	DET
fbem-29600	48	62	time	time	NOUN
fbem-29600	48	63	periods	period	NOUN
fbem-29600	48	64	,	,	PUNCT
fbem-29600	48	65	i.e.	i.e.	X
fbem-29600	48	66	,	,	PUNCT
fbem-29600	48	67	china	china	PROPN
fbem-29600	48	68	's	's	PART
fbem-29600	48	69	tax	tax	NOUN
fbem-29600	48	70	reduction	reduction	NOUN
fbem-29600	48	71	and	and	CCONJ
fbem-29600	48	72	fee	fee	NOUN
fbem-29600	48	73	reduction	reduction	NOUN
fbem-29600	48	74	after	after	ADP
fbem-29600	48	75	the	the	DET
fbem-29600	48	76	2016	2016	NUM
fbem-29600	48	77	camp	camp	NOUN
fbem-29600	48	78	reform	reform	NOUN
fbem-29600	48	79	to	to	PART
fbem-29600	48	80	analyze	analyze	VERB
fbem-29600	48	81	the	the	DET
fbem-29600	48	82	situation	situation	NOUN
fbem-29600	48	83	in	in	ADP
fbem-29600	48	84	a	a	DET
fbem-29600	48	85	more	more	ADV
fbem-29600	48	86	detailed	detailed	ADJ
fbem-29600	48	87	way	way	NOUN
fbem-29600	48	88	.	.	PUNCT
fbem-29600	49	1	in	in	ADP
fbem-29600	49	2	march	march	PROPN
fbem-29600	49	3	2016	2016	NUM
fbem-29600	49	4	,	,	PUNCT
fbem-29600	49	5	the	the	DET
fbem-29600	49	6	ministry	ministry	PROPN
fbem-29600	49	7	of	of	ADP
fbem-29600	49	8	finance	finance	PROPN
fbem-29600	49	9	and	and	CCONJ
fbem-29600	49	10	the	the	DET
fbem-29600	49	11	state	state	NOUN
fbem-29600	49	12	administration	administration	NOUN
fbem-29600	49	13	of	of	ADP
fbem-29600	49	14	taxation	taxation	NOUN
fbem-29600	49	15	(	(	PUNCT
fbem-29600	49	16	sat	sit	VERB
fbem-29600	49	17	)	)	PUNCT
fbem-29600	49	18	jointly	jointly	ADV
fbem-29600	49	19	issued	issue	VERB
fbem-29600	49	20	the	the	DET
fbem-29600	49	21	"	"	PUNCT
fbem-29600	49	22	pilot	pilot	NOUN
fbem-29600	49	23	project	project	NOUN
fbem-29600	49	24	on	on	ADP
fbem-29600	49	25	comprehensively	comprehensively	ADV
fbem-29600	49	26	promoting	promote	VERB
fbem-29600	49	27	the	the	DET
fbem-29600	49	28	conversion	conversion	NOUN
fbem-29600	49	29	of	of	ADP
fbem-29600	49	30	business	business	NOUN
fbem-29600	49	31	tax	tax	NOUN
fbem-29600	49	32	to	to	ADP
fbem-29600	49	33	value	value	NOUN
fbem-29600	49	34	-	-	PUNCT
fbem-29600	49	35	added	add	VERB
fbem-29600	49	36	tax	tax	NOUN
fbem-29600	49	37	"	"	PUNCT
fbem-29600	49	38	,	,	PUNCT
fbem-29600	49	39	announcing	announce	VERB
fbem-29600	49	40	that	that	SCONJ
fbem-29600	49	41	the	the	DET
fbem-29600	49	42	conversion	conversion	NOUN
fbem-29600	49	43	of	of	ADP
fbem-29600	49	44	business	business	NOUN
fbem-29600	49	45	tax	tax	NOUN
fbem-29600	49	46	to	to	ADP
fbem-29600	49	47	value	value	NOUN
fbem-29600	49	48	-	-	PUNCT
fbem-29600	49	49	added	add	VERB
fbem-29600	49	50	tax	tax	NOUN
fbem-29600	49	51	(	(	PUNCT
fbem-29600	49	52	vat	vat	NOUN
fbem-29600	49	53	)	)	PUNCT
fbem-29600	49	54	would	would	AUX
fbem-29600	49	55	be	be	AUX
fbem-29600	49	56	fully	fully	ADV
fbem-29600	49	57	implemented	implement	VERB
fbem-29600	49	58	nationwide	nationwide	ADV
fbem-29600	49	59	starting	start	VERB
fbem-29600	49	60	from	from	ADP
fbem-29600	49	61	may	may	PROPN
fbem-29600	49	62	1	1	NUM
fbem-29600	49	63	,	,	PUNCT
fbem-29600	49	64	2016	2016	NUM
fbem-29600	49	65	,	,	PUNCT
fbem-29600	49	66	and	and	CCONJ
fbem-29600	49	67	that	that	SCONJ
fbem-29600	49	68	all	all	DET
fbem-29600	49	69	business	business	NOUN
fbem-29600	49	70	taxpayers	taxpayer	NOUN
fbem-29600	49	71	would	would	AUX
fbem-29600	49	72	change	change	VERB
fbem-29600	49	73	from	from	ADP
fbem-29600	49	74	business	business	NOUN
fbem-29600	49	75	tax	tax	NOUN
fbem-29600	49	76	to	to	ADP
fbem-29600	49	77	value	value	NOUN
fbem-29600	49	78	-	-	PUNCT
fbem-29600	49	79	added	add	VERB
fbem-29600	49	80	tax	tax	NOUN
fbem-29600	49	81	,	,	PUNCT
fbem-29600	49	82	and	and	CCONJ
fbem-29600	49	83	thus	thus	ADV
fbem-29600	49	84	business	business	NOUN
fbem-29600	49	85	tax	tax	NOUN
fbem-29600	49	86	would	would	AUX
fbem-29600	49	87	be	be	AUX
fbem-29600	49	88	withdrawn	withdraw	VERB
fbem-29600	49	89	from	from	ADP
fbem-29600	49	90	the	the	DET
fbem-29600	49	91	historical	historical	ADJ
fbem-29600	49	92	stage	stage	NOUN
fbem-29600	49	93	in	in	ADP
fbem-29600	49	94	china	china	PROPN
fbem-29600	49	95	,	,	PUNCT
fbem-29600	49	96	and	and	CCONJ
fbem-29600	49	97	the	the	DET
fbem-29600	49	98	valueadded	valueadded	ADJ
fbem-29600	49	99	tax	tax	NOUN
fbem-29600	49	100	deduction	deduction	NOUN
fbem-29600	49	101	chain	chain	NOUN
fbem-29600	49	102	would	would	AUX
fbem-29600	49	103	be	be	AUX
fbem-29600	49	104	broken	break	VERB
fbem-29600	49	105	.	.	PUNCT
fbem-29600	50	1	in	in	ADP
fbem-29600	50	2	2018	2018	NUM
fbem-29600	50	3	,	,	PUNCT
fbem-29600	50	4	the	the	DET
fbem-29600	50	5	sat	sit	VERB
fbem-29600	50	6	issued	issue	VERB
fbem-29600	50	7	the	the	DET
fbem-29600	50	8	notice	notice	NOUN
fbem-29600	50	9	on	on	ADP
fbem-29600	50	10	further	far	ADV
fbem-29600	50	11	implementing	implement	VERB
fbem-29600	50	12	measures	measure	NOUN
fbem-29600	50	13	to	to	PART
fbem-29600	50	14	better	well	ADV
fbem-29600	50	15	serve	serve	VERB
fbem-29600	50	16	economic	economic	ADJ
fbem-29600	50	17	and	and	CCONJ
fbem-29600	50	18	social	social	ADJ
fbem-29600	50	19	development	development	NOUN
fbem-29600	50	20	by	by	ADP
fbem-29600	50	21	simplifying	simplify	VERB
fbem-29600	50	22	governance	governance	NOUN
fbem-29600	50	23	,	,	PUNCT
fbem-29600	50	24	reducing	reduce	VERB
fbem-29600	50	25	taxes	taxis	NOUN
fbem-29600	50	26	and	and	CCONJ
fbem-29600	50	27	lowering	lower	VERB
fbem-29600	50	28	burdens	burden	NOUN
fbem-29600	50	29	,	,	PUNCT
fbem-29600	50	30	which	which	PRON
fbem-29600	50	31	for	for	ADP
fbem-29600	50	32	the	the	DET
fbem-29600	50	33	first	first	ADJ
fbem-29600	50	34	time	time	NOUN
fbem-29600	50	35	explicitly	explicitly	ADV
fbem-29600	50	36	proposed	propose	VERB
fbem-29600	50	37	tax	tax	NOUN
fbem-29600	50	38	and	and	CCONJ
fbem-29600	50	39	fee	fee	NOUN
fbem-29600	50	40	reductions	reduction	NOUN
fbem-29600	50	41	,	,	PUNCT
fbem-29600	50	42	and	and	CCONJ
fbem-29600	50	43	tax	tax	NOUN
fbem-29600	50	44	and	and	CCONJ
fbem-29600	50	45	fee	fee	NOUN
fbem-29600	50	46	reductions	reduction	NOUN
fbem-29600	50	47	have	have	AUX
fbem-29600	50	48	been	be	AUX
fbem-29600	50	49	the	the	DET
fbem-29600	50	50	main	main	ADJ
fbem-29600	50	51	tone	tone	NOUN
fbem-29600	50	52	of	of	ADP
fbem-29600	50	53	china	china	PROPN
fbem-29600	50	54	's	's	PART
fbem-29600	50	55	tax	tax	NOUN
fbem-29600	50	56	policy	policy	NOUN
fbem-29600	50	57	since	since	SCONJ
fbem-29600	50	58	then	then	ADV
fbem-29600	50	59	.	.	PUNCT
fbem-29600	51	1	this	this	PRON
fbem-29600	51	2	is	be	AUX
fbem-29600	51	3	a	a	DET
fbem-29600	51	4	series	series	NOUN
fbem-29600	51	5	of	of	ADP
fbem-29600	51	6	countermeasures	countermeasure	NOUN
fbem-29600	51	7	taken	take	VERB
fbem-29600	51	8	against	against	ADP
fbem-29600	51	9	the	the	DET
fbem-29600	51	10	background	background	NOUN
fbem-29600	51	11	of	of	ADP
fbem-29600	51	12	the	the	DET
fbem-29600	51	13	transformation	transformation	NOUN
fbem-29600	51	14	of	of	ADP
fbem-29600	51	15	the	the	DET
fbem-29600	51	16	mode	mode	NOUN
fbem-29600	51	17	of	of	ADP
fbem-29600	51	18	economic	economic	ADJ
fbem-29600	51	19	development	development	NOUN
fbem-29600	51	20	,	,	PUNCT
fbem-29600	51	21	the	the	DET
fbem-29600	51	22	increasing	increase	VERB
fbem-29600	51	23	downward	downward	ADJ
fbem-29600	51	24	pressure	pressure	NOUN
fbem-29600	51	25	on	on	ADP
fbem-29600	51	26	the	the	DET
fbem-29600	51	27	economy	economy	NOUN
fbem-29600	51	28	and	and	CCONJ
fbem-29600	51	29	the	the	DET
fbem-29600	51	30	intensifying	intensify	VERB
fbem-29600	51	31	competition	competition	NOUN
fbem-29600	51	32	for	for	ADP
fbem-29600	51	33	global	global	ADJ
fbem-29600	51	34	tax	tax	NOUN
fbem-29600	51	35	reductions	reduction	NOUN
fbem-29600	51	36	.	.	PUNCT
fbem-29600	52	1	4.1.1	4.1.1	X
fbem-29600	52	2	.	.	PUNCT
fbem-29600	52	3	specific	specific	ADJ
fbem-29600	52	4	measures	measure	NOUN
fbem-29600	52	5	and	and	CCONJ
fbem-29600	52	6	policies	policy	NOUN
fbem-29600	52	7	to	to	PART
fbem-29600	52	8	reduce	reduce	VERB
fbem-29600	52	9	taxes	taxis	NOUN
fbem-29600	52	10	and	and	CCONJ
fbem-29600	52	11	fees	fee	NOUN
fbem-29600	52	12	in	in	ADP
fbem-29600	52	13	terms	term	NOUN
fbem-29600	52	14	of	of	ADP
fbem-29600	52	15	vat	vat	NOUN
fbem-29600	52	16	reductions	reduction	NOUN
fbem-29600	52	17	:	:	PUNCT
fbem-29600	52	18	lowering	lower	VERB
fbem-29600	52	19	the	the	DET
fbem-29600	52	20	tax	tax	NOUN
fbem-29600	52	21	rates	rate	NOUN
fbem-29600	52	22	for	for	ADP
fbem-29600	52	23	vat	vat	NOUN
fbem-29600	52	24	taxable	taxable	ADJ
fbem-29600	52	25	sales	sale	NOUN
fbem-29600	52	26	acts	act	NOUN
fbem-29600	52	27	or	or	CCONJ
fbem-29600	52	28	imported	import	VERB
fbem-29600	52	29	goods	good	NOUN
fbem-29600	52	30	,	,	PUNCT
fbem-29600	52	31	with	with	SCONJ
fbem-29600	52	32	the	the	DET
fbem-29600	52	33	two	two	NUM
fbem-29600	52	34	rates	rate	NOUN
fbem-29600	52	35	113	113	NUM
fbem-29600	52	36	reduced	reduce	VERB
fbem-29600	52	37	from	from	ADP
fbem-29600	52	38	17	17	NUM
fbem-29600	52	39	%	%	NOUN
fbem-29600	52	40	and	and	CCONJ
fbem-29600	52	41	11	11	NUM
fbem-29600	52	42	%	%	NOUN
fbem-29600	52	43	to	to	PART
fbem-29600	52	44	16	16	NUM
fbem-29600	52	45	%	%	NOUN
fbem-29600	52	46	and	and	CCONJ
fbem-29600	52	47	10	10	NUM
fbem-29600	52	48	%	%	NOUN
fbem-29600	52	49	in	in	ADP
fbem-29600	52	50	2018	2018	NUM
fbem-29600	52	51	,	,	PUNCT
fbem-29600	52	52	and	and	CCONJ
fbem-29600	52	53	further	far	ADV
fbem-29600	52	54	reduced	reduce	VERB
fbem-29600	52	55	to	to	ADP
fbem-29600	52	56	13	13	NUM
fbem-29600	52	57	%	%	NOUN
fbem-29600	52	58	and	and	CCONJ
fbem-29600	52	59	9	9	NUM
fbem-29600	52	60	%	%	NOUN
fbem-29600	52	61	in	in	ADP
fbem-29600	52	62	2019	2019	NUM
fbem-29600	52	63	;	;	PUNCT
fbem-29600	52	64	raising	raise	VERB
fbem-29600	52	65	the	the	DET
fbem-29600	52	66	vat	vat	NOUN
fbem-29600	52	67	starting	start	VERB
fbem-29600	52	68	point	point	NOUN
fbem-29600	52	69	for	for	ADP
fbem-29600	52	70	small	small	ADJ
fbem-29600	52	71	-	-	PUNCT
fbem-29600	52	72	scale	scale	NOUN
fbem-29600	52	73	taxpayers	taxpayer	NOUN
fbem-29600	52	74	;	;	PUNCT
fbem-29600	52	75	and	and	CCONJ
fbem-29600	52	76	stipulating	stipulate	VERB
fbem-29600	52	77	that	that	SCONJ
fbem-29600	52	78	the	the	DET
fbem-29600	52	79	end	end	NOUN
fbem-29600	52	80	-	-	PUNCT
fbem-29600	52	81	of	of	ADP
fbem-29600	52	82	-	-	PUNCT
fbem-29600	52	83	period	period	NOUN
fbem-29600	52	84	vat	vat	NOUN
fbem-29600	52	85	tax	tax	NOUN
fbem-29600	52	86	credit	credit	NOUN
fbem-29600	52	87	for	for	ADP
fbem-29600	52	88	modern	modern	ADJ
fbem-29600	52	89	manufacturing	manufacturing	NOUN
fbem-29600	52	90	industries	industry	NOUN
fbem-29600	52	91	,	,	PUNCT
fbem-29600	52	92	such	such	ADJ
fbem-29600	52	93	as	as	ADP
fbem-29600	52	94	the	the	DET
fbem-29600	52	95	equipment	equipment	NOUN
fbem-29600	52	96	manufacturing	manufacturing	NOUN
fbem-29600	52	97	industry	industry	NOUN
fbem-29600	52	98	,	,	PUNCT
fbem-29600	52	99	modern	modern	ADJ
fbem-29600	52	100	service	service	NOUN
fbem-29600	52	101	industries	industry	NOUN
fbem-29600	52	102	,	,	PUNCT
fbem-29600	52	103	such	such	ADJ
fbem-29600	52	104	as	as	ADP
fbem-29600	52	105	research	research	NOUN
fbem-29600	52	106	and	and	CCONJ
fbem-29600	52	107	development	development	NOUN
fbem-29600	52	108	(	(	PUNCT
fbem-29600	52	109	r&d	r&d	NOUN
fbem-29600	52	110	)	)	PUNCT
fbem-29600	52	111	,	,	PUNCT
fbem-29600	52	112	and	and	CCONJ
fbem-29600	52	113	power	power	NOUN
fbem-29600	52	114	grid	grid	NOUN
fbem-29600	52	115	enterprises	enterprise	NOUN
fbem-29600	52	116	,	,	PUNCT
fbem-29600	52	117	shall	shall	AUX
fbem-29600	52	118	be	be	AUX
fbem-29600	52	119	refunded	refund	VERB
fbem-29600	52	120	,	,	PUNCT
fbem-29600	52	121	and	and	CCONJ
fbem-29600	52	122	expanding	expand	VERB
fbem-29600	52	123	the	the	DET
fbem-29600	52	124	vat	vat	NOUN
fbem-29600	52	125	input	input	NOUN
fbem-29600	52	126	deduction	deduction	NOUN
fbem-29600	52	127	for	for	ADP
fbem-29600	52	128	r&d	r&d	NOUN
fbem-29600	52	129	activities	activity	NOUN
fbem-29600	52	130	carried	carry	VERB
fbem-29600	52	131	out	out	ADP
fbem-29600	52	132	by	by	ADP
fbem-29600	52	133	manufacturing	manufacturing	NOUN
fbem-29600	52	134	enterprises	enterprise	NOUN
fbem-29600	52	135	.	.	PUNCT
fbem-29600	53	1	in	in	ADP
fbem-29600	53	2	terms	term	NOUN
fbem-29600	53	3	of	of	ADP
fbem-29600	53	4	income	income	NOUN
fbem-29600	53	5	tax	tax	NOUN
fbem-29600	53	6	:	:	PUNCT
fbem-29600	53	7	expanding	expand	VERB
fbem-29600	53	8	the	the	DET
fbem-29600	53	9	scope	scope	NOUN
fbem-29600	53	10	of	of	ADP
fbem-29600	53	11	industries	industry	NOUN
fbem-29600	53	12	previously	previously	ADV
fbem-29600	53	13	adapted	adapt	VERB
fbem-29600	53	14	to	to	ADP
fbem-29600	53	15	the	the	DET
fbem-29600	53	16	accelerated	accelerate	VERB
fbem-29600	53	17	depreciation	depreciation	NOUN
fbem-29600	53	18	benefits	benefit	NOUN
fbem-29600	53	19	for	for	ADP
fbem-29600	53	20	fixed	fix	VERB
fbem-29600	53	21	assets	asset	NOUN
fbem-29600	53	22	to	to	ADP
fbem-29600	53	23	the	the	DET
fbem-29600	53	24	entire	entire	ADJ
fbem-29600	53	25	manufacturing	manufacturing	NOUN
fbem-29600	53	26	sector	sector	NOUN
fbem-29600	53	27	;	;	PUNCT
fbem-29600	53	28	reducing	reduce	VERB
fbem-29600	53	29	the	the	DET
fbem-29600	53	30	portion	portion	NOUN
fbem-29600	53	31	of	of	ADP
fbem-29600	53	32	annual	annual	ADJ
fbem-29600	53	33	taxable	taxable	ADJ
fbem-29600	53	34	income	income	NOUN
fbem-29600	53	35	of	of	ADP
fbem-29600	53	36	small	small	ADJ
fbem-29600	53	37	and	and	CCONJ
fbem-29600	53	38	microenterprises	microenterprise	NOUN
fbem-29600	53	39	that	that	PRON
fbem-29600	53	40	exceeds	exceed	VERB
fbem-29600	53	41	1	1	NUM
fbem-29600	53	42	million	million	NUM
fbem-29600	53	43	yuan	yuan	NOUN
fbem-29600	53	44	but	but	CCONJ
fbem-29600	53	45	does	do	AUX
fbem-29600	53	46	not	not	PART
fbem-29600	53	47	exceed	exceed	VERB
fbem-29600	53	48	3	3	NUM
fbem-29600	53	49	million	million	NUM
fbem-29600	53	50	yuan	yuan	NOUN
fbem-29600	53	51	by	by	ADP
fbem-29600	53	52	25	25	NUM
fbem-29600	53	53	%	%	NOUN
fbem-29600	53	54	of	of	ADP
fbem-29600	53	55	the	the	DET
fbem-29600	53	56	taxable	taxable	ADJ
fbem-29600	53	57	income	income	NOUN
fbem-29600	53	58	,	,	PUNCT
fbem-29600	53	59	and	and	CCONJ
fbem-29600	53	60	paying	pay	VERB
fbem-29600	53	61	the	the	DET
fbem-29600	53	62	enterprise	enterprise	NOUN
fbem-29600	53	63	income	income	NOUN
fbem-29600	53	64	tax	tax	NOUN
fbem-29600	53	65	at	at	ADP
fbem-29600	53	66	a	a	DET
fbem-29600	53	67	rate	rate	NOUN
fbem-29600	53	68	of	of	ADP
fbem-29600	53	69	20	20	NUM
fbem-29600	53	70	%	%	NOUN
fbem-29600	53	71	;	;	PUNCT
fbem-29600	53	72	and	and	CCONJ
fbem-29600	53	73	increasing	increase	VERB
fbem-29600	53	74	the	the	DET
fbem-29600	53	75	number	number	NOUN
fbem-29600	53	76	of	of	ADP
fbem-29600	53	77	special	special	ADJ
fbem-29600	53	78	additional	additional	ADJ
fbem-29600	53	79	deductions	deduction	NOUN
fbem-29600	53	80	for	for	ADP
fbem-29600	53	81	personal	personal	ADJ
fbem-29600	53	82	tax	tax	NOUN
fbem-29600	53	83	to	to	ADP
fbem-29600	53	84	seven	seven	NUM
fbem-29600	53	85	,	,	PUNCT
fbem-29600	53	86	etc	etc	X
fbem-29600	53	87	.	.	X
fbem-29600	53	88	in	in	ADP
fbem-29600	53	89	terms	term	NOUN
fbem-29600	53	90	of	of	ADP
fbem-29600	53	91	fee	fee	NOUN
fbem-29600	53	92	reductions	reduction	NOUN
fbem-29600	53	93	:	:	PUNCT
fbem-29600	53	94	on	on	ADP
fbem-29600	53	95	april	april	PROPN
fbem-29600	53	96	1	1	NUM
fbem-29600	53	97	,	,	PUNCT
fbem-29600	53	98	2019	2019	NUM
fbem-29600	53	99	,	,	PUNCT
fbem-29600	53	100	the	the	DET
fbem-29600	53	101	general	general	ADJ
fbem-29600	53	102	office	office	NOUN
fbem-29600	53	103	of	of	ADP
fbem-29600	53	104	the	the	DET
fbem-29600	53	105	state	state	PROPN
fbem-29600	53	106	council	council	PROPN
fbem-29600	53	107	issued	issue	VERB
fbem-29600	53	108	the	the	DET
fbem-29600	53	109	comprehensive	comprehensive	ADJ
fbem-29600	53	110	plan	plan	NOUN
fbem-29600	53	111	for	for	ADP
fbem-29600	53	112	reducing	reduce	VERB
fbem-29600	53	113	social	social	ADJ
fbem-29600	53	114	insurance	insurance	NOUN
fbem-29600	53	115	fee	fee	NOUN
fbem-29600	53	116	rates	rate	NOUN
fbem-29600	53	117	,	,	PUNCT
fbem-29600	53	118	which	which	PRON
fbem-29600	53	119	stipulates	stipulate	VERB
fbem-29600	53	120	that	that	SCONJ
fbem-29600	53	121	the	the	DET
fbem-29600	53	122	ratio	ratio	NOUN
fbem-29600	53	123	of	of	ADP
fbem-29600	53	124	unit	unit	NOUN
fbem-29600	53	125	contributions	contribution	NOUN
fbem-29600	53	126	for	for	ADP
fbem-29600	53	127	basic	basic	ADJ
fbem-29600	53	128	pension	pension	NOUN
fbem-29600	53	129	insurance	insurance	NOUN
fbem-29600	53	130	for	for	ADP
fbem-29600	53	131	urban	urban	ADJ
fbem-29600	53	132	workers	worker	NOUN
fbem-29600	53	133	(	(	PUNCT
fbem-29600	53	134	including	include	VERB
fbem-29600	53	135	basic	basic	ADJ
fbem-29600	53	136	pension	pension	NOUN
fbem-29600	53	137	insurance	insurance	NOUN
fbem-29600	53	138	for	for	ADP
fbem-29600	53	139	enterprises	enterprise	NOUN
fbem-29600	53	140	and	and	CCONJ
fbem-29600	53	141	institutions	institution	NOUN
fbem-29600	53	142	)	)	PUNCT
fbem-29600	53	143	will	will	AUX
fbem-29600	53	144	be	be	AUX
fbem-29600	53	145	lowered	lower	VERB
fbem-29600	53	146	from	from	ADP
fbem-29600	53	147	may	may	PROPN
fbem-29600	53	148	1	1	NUM
fbem-29600	53	149	,	,	PUNCT
fbem-29600	53	150	2019	2019	NUM
fbem-29600	53	151	,	,	PUNCT
fbem-29600	53	152	and	and	CCONJ
fbem-29600	53	153	that	that	SCONJ
fbem-29600	53	154	it	it	PRON
fbem-29600	53	155	will	will	AUX
fbem-29600	53	156	continue	continue	VERB
fbem-29600	53	157	to	to	PART
fbem-29600	53	158	reduce	reduce	VERB
fbem-29600	53	159	the	the	DET
fbem-29600	53	160	fee	fee	NOUN
fbem-29600	53	161	rates	rate	NOUN
fbem-29600	53	162	for	for	ADP
fbem-29600	53	163	unemployment	unemployment	NOUN
fbem-29600	53	164	insurance	insurance	NOUN
fbem-29600	53	165	and	and	CCONJ
fbem-29600	53	166	work	work	NOUN
fbem-29600	53	167	-	-	PUNCT
fbem-29600	53	168	related	relate	VERB
fbem-29600	53	169	injury	injury	NOUN
fbem-29600	53	170	insurance	insurance	NOUN
fbem-29600	53	171	in	in	ADP
fbem-29600	53	172	phases	phase	NOUN
fbem-29600	53	173	,	,	PUNCT
fbem-29600	53	174	and	and	CCONJ
fbem-29600	53	175	adjust	adjust	VERB
fbem-29600	53	176	the	the	DET
fbem-29600	53	177	policy	policy	NOUN
fbem-29600	53	178	on	on	ADP
fbem-29600	53	179	the	the	DET
fbem-29600	53	180	basis	basis	NOUN
fbem-29600	53	181	of	of	ADP
fbem-29600	53	182	social	social	ADJ
fbem-29600	53	183	security	security	NOUN
fbem-29600	53	184	contributions	contribution	NOUN
fbem-29600	53	185	,	,	PUNCT
fbem-29600	53	186	etc	etc	X
fbem-29600	53	187	.	.	X
fbem-29600	53	188	,	,	PUNCT
fbem-29600	53	189	and	and	CCONJ
fbem-29600	53	190	at	at	ADP
fbem-29600	53	191	the	the	DET
fbem-29600	53	192	same	same	ADJ
fbem-29600	53	193	time	time	NOUN
fbem-29600	53	194	,	,	PUNCT
fbem-29600	53	195	it	it	PRON
fbem-29600	53	196	will	will	AUX
fbem-29600	53	197	clean	clean	VERB
fbem-29600	53	198	up	up	ADP
fbem-29600	53	199	and	and	CCONJ
fbem-29600	53	200	standardize	standardize	VERB
fbem-29600	53	201	the	the	DET
fbem-29600	53	202	administrative	administrative	NOUN
fbem-29600	53	203	at	at	ADP
fbem-29600	53	204	the	the	DET
fbem-29600	53	205	same	same	ADJ
fbem-29600	53	206	time	time	NOUN
fbem-29600	53	207	,	,	PUNCT
fbem-29600	53	208	it	it	PRON
fbem-29600	53	209	will	will	AUX
fbem-29600	53	210	clean	clean	VERB
fbem-29600	53	211	up	up	ADP
fbem-29600	53	212	and	and	CCONJ
fbem-29600	53	213	standardize	standardize	VERB
fbem-29600	53	214	administrative	administrative	ADJ
fbem-29600	53	215	fees	fee	NOUN
fbem-29600	53	216	and	and	CCONJ
fbem-29600	53	217	government	government	NOUN
fbem-29600	53	218	funds	fund	NOUN
fbem-29600	53	219	.	.	PUNCT
fbem-29600	54	1	4.1.2	4.1.2	X
fbem-29600	54	2	.	.	PUNCT
fbem-29600	54	3	policies	policy	NOUN
fbem-29600	54	4	to	to	PART
fbem-29600	54	5	ease	ease	VERB
fbem-29600	54	6	economic	economic	ADJ
fbem-29600	54	7	pressures	pressure	NOUN
fbem-29600	54	8	from	from	ADP
fbem-29600	54	9	both	both	CCONJ
fbem-29600	54	10	the	the	DET
fbem-29600	54	11	supply	supply	NOUN
fbem-29600	54	12	and	and	CCONJ
fbem-29600	54	13	demand	demand	NOUN
fbem-29600	54	14	sides	side	NOUN
fbem-29600	54	15	overall	overall	ADJ
fbem-29600	54	16	,	,	PUNCT
fbem-29600	54	17	tax	tax	NOUN
fbem-29600	54	18	cuts	cut	NOUN
fbem-29600	54	19	and	and	CCONJ
fbem-29600	54	20	fee	fee	NOUN
fbem-29600	54	21	reductions	reduction	NOUN
fbem-29600	54	22	have	have	AUX
fbem-29600	54	23	worked	work	VERB
fbem-29600	54	24	on	on	ADP
fbem-29600	54	25	both	both	CCONJ
fbem-29600	54	26	the	the	DET
fbem-29600	54	27	supply	supply	NOUN
fbem-29600	54	28	and	and	CCONJ
fbem-29600	54	29	demand	demand	NOUN
fbem-29600	54	30	sides	side	NOUN
fbem-29600	54	31	,	,	PUNCT
fbem-29600	54	32	playing	play	VERB
fbem-29600	54	33	the	the	DET
fbem-29600	54	34	role	role	NOUN
fbem-29600	54	35	of	of	ADP
fbem-29600	54	36	an	an	DET
fbem-29600	54	37	active	active	ADJ
fbem-29600	54	38	government	government	NOUN
fbem-29600	54	39	in	in	ADP
fbem-29600	54	40	response	response	NOUN
fbem-29600	54	41	to	to	ADP
fbem-29600	54	42	the	the	DET
fbem-29600	54	43	slowdown	slowdown	NOUN
fbem-29600	54	44	in	in	ADP
fbem-29600	54	45	economic	economic	ADJ
fbem-29600	54	46	growth	growth	NOUN
fbem-29600	54	47	and	and	CCONJ
fbem-29600	54	48	the	the	DET
fbem-29600	54	49	impact	impact	NOUN
fbem-29600	54	50	of	of	ADP
fbem-29600	54	51	the	the	DET
fbem-29600	54	52	epidemic	epidemic	NOUN
fbem-29600	54	53	.	.	PUNCT
fbem-29600	55	1	on	on	ADP
fbem-29600	55	2	the	the	DET
fbem-29600	55	3	supply	supply	NOUN
fbem-29600	55	4	side	side	NOUN
fbem-29600	55	5	,	,	PUNCT
fbem-29600	55	6	the	the	DET
fbem-29600	55	7	cost	cost	NOUN
fbem-29600	55	8	of	of	ADP
fbem-29600	55	9	enterprises	enterprise	NOUN
fbem-29600	55	10	has	have	AUX
fbem-29600	55	11	been	be	AUX
fbem-29600	55	12	reduced	reduce	VERB
fbem-29600	55	13	,	,	PUNCT
fbem-29600	55	14	such	such	ADJ
fbem-29600	55	15	as	as	ADP
fbem-29600	55	16	reducing	reduce	VERB
fbem-29600	55	17	the	the	DET
fbem-29600	55	18	burden	burden	NOUN
fbem-29600	55	19	for	for	ADP
fbem-29600	55	20	small	small	ADJ
fbem-29600	55	21	and	and	CCONJ
fbem-29600	55	22	micro	micro	ADJ
fbem-29600	55	23	enterprises	enterprise	NOUN
fbem-29600	55	24	,	,	PUNCT
fbem-29600	55	25	reducing	reduce	VERB
fbem-29600	55	26	taxes	taxis	NOUN
fbem-29600	55	27	for	for	ADP
fbem-29600	55	28	industries	industry	NOUN
fbem-29600	55	29	that	that	PRON
fbem-29600	55	30	are	be	AUX
fbem-29600	55	31	more	more	ADV
fbem-29600	55	32	affected	affect	VERB
fbem-29600	55	33	by	by	ADP
fbem-29600	55	34	the	the	DET
fbem-29600	55	35	epidemic	epidemic	NOUN
fbem-29600	55	36	with	with	ADP
fbem-29600	55	37	a	a	DET
fbem-29600	55	38	view	view	NOUN
fbem-29600	55	39	to	to	ADP
fbem-29600	55	40	relieving	relieve	VERB
fbem-29600	55	41	difficulties	difficulty	NOUN
fbem-29600	55	42	;	;	PUNCT
fbem-29600	55	43	revitalizing	revitalize	VERB
fbem-29600	55	44	the	the	DET
fbem-29600	55	45	cash	cash	NOUN
fbem-29600	55	46	flow	flow	NOUN
fbem-29600	55	47	of	of	ADP
fbem-29600	55	48	enterprises	enterprise	NOUN
fbem-29600	55	49	,	,	PUNCT
fbem-29600	55	50	allowing	allow	VERB
fbem-29600	55	51	qualified	qualified	ADJ
fbem-29600	55	52	enterprises	enterprise	NOUN
fbem-29600	55	53	in	in	ADP
fbem-29600	55	54	the	the	DET
fbem-29600	55	55	industry	industry	NOUN
fbem-29600	55	56	to	to	PART
fbem-29600	55	57	apply	apply	VERB
fbem-29600	55	58	for	for	ADP
fbem-29600	55	59	the	the	DET
fbem-29600	55	60	refund	refund	NOUN
fbem-29600	55	61	of	of	ADP
fbem-29600	55	62	the	the	DET
fbem-29600	55	63	incremental	incremental	ADJ
fbem-29600	55	64	tax	tax	NOUN
fbem-29600	55	65	credits	credit	NOUN
fbem-29600	55	66	and	and	CCONJ
fbem-29600	55	67	the	the	DET
fbem-29600	55	68	tax	tax	NOUN
fbem-29600	55	69	credits	credit	NOUN
fbem-29600	55	70	of	of	ADP
fbem-29600	55	71	the	the	DET
fbem-29600	55	72	stock	stock	NOUN
fbem-29600	55	73	,	,	PUNCT
fbem-29600	55	74	and	and	CCONJ
fbem-29600	55	75	allowing	allow	VERB
fbem-29600	55	76	qualified	qualified	ADJ
fbem-29600	55	77	smes	sme	NOUN
fbem-29600	55	78	in	in	ADP
fbem-29600	55	79	the	the	DET
fbem-29600	55	80	manufacturing	manufacturing	NOUN
fbem-29600	55	81	industry	industry	NOUN
fbem-29600	55	82	to	to	PART
fbem-29600	55	83	defer	defer	VERB
fbem-29600	55	84	the	the	DET
fbem-29600	55	85	payment	payment	NOUN
fbem-29600	55	86	of	of	ADP
fbem-29600	55	87	part	part	NOUN
fbem-29600	55	88	of	of	ADP
fbem-29600	55	89	the	the	DET
fbem-29600	55	90	tax	tax	NOUN
fbem-29600	55	91	and	and	CCONJ
fbem-29600	55	92	fees	fee	NOUN
fbem-29600	55	93	,	,	PUNCT
fbem-29600	55	94	providing	provide	VERB
fbem-29600	55	95	tax	tax	NOUN
fbem-29600	55	96	and	and	CCONJ
fbem-29600	55	97	fee	fee	NOUN
fbem-29600	55	98	benefits	benefit	NOUN
fbem-29600	55	99	for	for	ADP
fbem-29600	55	100	normal	normal	ADJ
fbem-29600	55	101	business	business	NOUN
fbem-29600	55	102	operations	operation	NOUN
fbem-29600	55	103	.	.	PUNCT
fbem-29600	56	1	payment	payment	NOUN
fbem-29600	56	2	of	of	ADP
fbem-29600	56	3	part	part	NOUN
fbem-29600	56	4	of	of	ADP
fbem-29600	56	5	the	the	DET
fbem-29600	56	6	taxes	taxis	NOUN
fbem-29600	56	7	and	and	CCONJ
fbem-29600	56	8	fees	fee	NOUN
fbem-29600	56	9	,	,	PUNCT
fbem-29600	56	10	to	to	PART
fbem-29600	56	11	provide	provide	VERB
fbem-29600	56	12	tax	tax	NOUN
fbem-29600	56	13	support	support	NOUN
fbem-29600	56	14	for	for	ADP
fbem-29600	56	15	the	the	DET
fbem-29600	56	16	normal	normal	ADJ
fbem-29600	56	17	operation	operation	NOUN
fbem-29600	56	18	of	of	ADP
fbem-29600	56	19	enterprises	enterprise	NOUN
fbem-29600	56	20	.	.	PUNCT
fbem-29600	57	1	according	accord	VERB
fbem-29600	57	2	to	to	ADP
fbem-29600	57	3	article	article	NOUN
fbem-29600	57	4	95	95	NUM
fbem-29600	57	5	of	of	ADP
fbem-29600	57	6	the	the	DET
fbem-29600	57	7	regulations	regulation	NOUN
fbem-29600	57	8	for	for	ADP
fbem-29600	57	9	the	the	DET
fbem-29600	57	10	implementation	implementation	NOUN
fbem-29600	57	11	of	of	ADP
fbem-29600	57	12	the	the	DET
fbem-29600	57	13	enterprise	enterprise	NOUN
fbem-29600	57	14	income	income	NOUN
fbem-29600	57	15	tax	tax	NOUN
fbem-29600	57	16	law	law	NOUN
fbem-29600	57	17	of	of	ADP
fbem-29600	57	18	the	the	DET
fbem-29600	57	19	people	people	NOUN
fbem-29600	57	20	's	's	PART
fbem-29600	57	21	republic	republic	NOUN
fbem-29600	57	22	of	of	ADP
fbem-29600	57	23	china	china	PROPN
fbem-29600	57	24	and	and	CCONJ
fbem-29600	57	25	the	the	DET
fbem-29600	57	26	circular	circular	NOUN
fbem-29600	57	27	of	of	ADP
fbem-29600	57	28	the	the	DET
fbem-29600	57	29	ministry	ministry	PROPN
fbem-29600	57	30	of	of	ADP
fbem-29600	57	31	finance	finance	PROPN
fbem-29600	57	32	,	,	PUNCT
fbem-29600	57	33	the	the	DET
fbem-29600	57	34	state	state	NOUN
fbem-29600	57	35	administration	administration	NOUN
fbem-29600	57	36	of	of	ADP
fbem-29600	57	37	taxation	taxation	NOUN
fbem-29600	57	38	and	and	CCONJ
fbem-29600	57	39	the	the	DET
fbem-29600	57	40	ministry	ministry	PROPN
fbem-29600	57	41	of	of	ADP
fbem-29600	57	42	science	science	NOUN
fbem-29600	57	43	and	and	CCONJ
fbem-29600	57	44	technology	technology	NOUN
fbem-29600	57	45	on	on	ADP
fbem-29600	57	46	the	the	DET
fbem-29600	57	47	improvement	improvement	NOUN
fbem-29600	57	48	of	of	ADP
fbem-29600	57	49	the	the	DET
fbem-29600	57	50	policy	policy	NOUN
fbem-29600	57	51	of	of	ADP
fbem-29600	57	52	adding	add	VERB
fbem-29600	57	53	deductions	deduction	NOUN
fbem-29600	57	54	for	for	ADP
fbem-29600	57	55	research	research	NOUN
fbem-29600	57	56	and	and	CCONJ
fbem-29600	57	57	development	development	NOUN
fbem-29600	57	58	expenses	expense	NOUN
fbem-29600	57	59	before	before	ADP
fbem-29600	57	60	taxation	taxation	NOUN
fbem-29600	57	61	,	,	PUNCT
fbem-29600	57	62	during	during	ADP
fbem-29600	57	63	the	the	DET
fbem-29600	57	64	period	period	NOUN
fbem-29600	57	65	from	from	ADP
fbem-29600	57	66	january	january	PROPN
fbem-29600	57	67	1	1	NUM
fbem-29600	57	68	,	,	PUNCT
fbem-29600	57	69	2018	2018	NUM
fbem-29600	57	70	to	to	ADP
fbem-29600	57	71	december	december	PROPN
fbem-29600	57	72	31	31	NUM
fbem-29600	57	73	,	,	PUNCT
fbem-29600	57	74	2023	2023	NUM
fbem-29600	57	75	,	,	PUNCT
fbem-29600	57	76	the	the	DET
fbem-29600	57	77	actual	actual	ADJ
fbem-29600	57	78	r&d	r&d	NOUN
fbem-29600	57	79	expenses	expense	NOUN
fbem-29600	57	80	incurred	incur	VERB
fbem-29600	57	81	by	by	ADP
fbem-29600	57	82	enterprises	enterprise	NOUN
fbem-29600	57	83	in	in	ADP
fbem-29600	57	84	carrying	carry	VERB
fbem-29600	57	85	out	out	ADP
fbem-29600	57	86	r&d	r&d	NOUN
fbem-29600	57	87	activities	activity	NOUN
fbem-29600	57	88	,	,	PUNCT
fbem-29600	57	89	which	which	PRON
fbem-29600	57	90	are	be	AUX
fbem-29600	57	91	not	not	PART
fbem-29600	57	92	formed	form	VERB
fbem-29600	57	93	into	into	ADP
fbem-29600	57	94	intangible	intangible	ADJ
fbem-29600	57	95	assets	asset	NOUN
fbem-29600	57	96	to	to	PART
fbem-29600	57	97	be	be	AUX
fbem-29600	57	98	included	include	VERB
fbem-29600	57	99	in	in	ADP
fbem-29600	57	100	the	the	DET
fbem-29600	57	101	current	current	ADJ
fbem-29600	57	102	period	period	NOUN
fbem-29600	57	103	's	's	PART
fbem-29600	57	104	profit	profit	NOUN
fbem-29600	57	105	and	and	CCONJ
fbem-29600	57	106	loss	loss	NOUN
fbem-29600	57	107	,	,	PUNCT
fbem-29600	57	108	will	will	AUX
fbem-29600	57	109	be	be	AUX
fbem-29600	57	110	added	add	VERB
fbem-29600	57	111	to	to	ADP
fbem-29600	57	112	the	the	DET
fbem-29600	57	113	pre	pre	ADJ
fbem-29600	57	114	-	-	ADJ
fbem-29600	57	115	tax	tax	ADJ
fbem-29600	57	116	deduction	deduction	NOUN
fbem-29600	57	117	based	base	VERB
fbem-29600	57	118	on	on	ADP
fbem-29600	57	119	75	75	NUM
fbem-29600	57	120	%	%	NOUN
fbem-29600	57	121	of	of	ADP
fbem-29600	57	122	the	the	DET
fbem-29600	57	123	actual	actual	ADJ
fbem-29600	57	124	amount	amount	NOUN
fbem-29600	57	125	incurred	incur	VERB
fbem-29600	57	126	,	,	PUNCT
fbem-29600	57	127	in	in	ADP
fbem-29600	57	128	addition	addition	NOUN
fbem-29600	57	129	to	to	ADP
fbem-29600	57	130	the	the	DET
fbem-29600	57	131	deduction	deduction	NOUN
fbem-29600	57	132	based	base	VERB
fbem-29600	57	133	on	on	ADP
fbem-29600	57	134	the	the	DET
fbem-29600	57	135	actual	actual	ADJ
fbem-29600	57	136	amount	amount	NOUN
fbem-29600	57	137	incurred	incur	VERB
fbem-29600	57	138	as	as	SCONJ
fbem-29600	57	139	provided	provide	VERB
fbem-29600	57	140	for	for	ADP
fbem-29600	57	141	.	.	PUNCT
fbem-29600	58	1	on	on	ADP
fbem-29600	58	2	the	the	DET
fbem-29600	58	3	basis	basis	NOUN
fbem-29600	58	4	of	of	ADP
fbem-29600	58	5	the	the	DET
fbem-29600	58	6	actual	actual	ADJ
fbem-29600	58	7	deduction	deduction	NOUN
fbem-29600	58	8	in	in	ADP
fbem-29600	58	9	accordance	accordance	NOUN
fbem-29600	58	10	with	with	ADP
fbem-29600	58	11	the	the	DET
fbem-29600	58	12	regulations	regulation	NOUN
fbem-29600	58	13	,	,	PUNCT
fbem-29600	58	14	75	75	NUM
fbem-29600	58	15	%	%	NOUN
fbem-29600	58	16	of	of	ADP
fbem-29600	58	17	the	the	DET
fbem-29600	58	18	actual	actual	ADJ
fbem-29600	58	19	amount	amount	NOUN
fbem-29600	58	20	incurred	incur	VERB
fbem-29600	58	21	shall	shall	AUX
fbem-29600	58	22	be	be	AUX
fbem-29600	58	23	deducted	deduct	VERB
fbem-29600	58	24	before	before	ADP
fbem-29600	58	25	tax	tax	NOUN
fbem-29600	58	26	.	.	PUNCT
fbem-29600	59	1	if	if	SCONJ
fbem-29600	59	2	the	the	DET
fbem-29600	59	3	r&d	r&d	NOUN
fbem-29600	59	4	expenses	expense	NOUN
fbem-29600	59	5	actually	actually	ADV
fbem-29600	59	6	incurred	incur	VERB
fbem-29600	59	7	by	by	ADP
fbem-29600	59	8	an	an	DET
fbem-29600	59	9	enterprise	enterprise	NOUN
fbem-29600	59	10	in	in	ADP
fbem-29600	59	11	carrying	carry	VERB
fbem-29600	59	12	out	out	ADP
fbem-29600	59	13	r&d	r&d	NOUN
fbem-29600	59	14	activities	activity	NOUN
fbem-29600	59	15	result	result	VERB
fbem-29600	59	16	in	in	ADP
fbem-29600	59	17	intangible	intangible	ADJ
fbem-29600	59	18	assets	asset	NOUN
fbem-29600	59	19	,	,	PUNCT
fbem-29600	59	20	they	they	PRON
fbem-29600	59	21	shall	shall	AUX
fbem-29600	59	22	be	be	AUX
fbem-29600	59	23	amortized	amortize	VERB
fbem-29600	59	24	before	before	ADP
fbem-29600	59	25	tax	tax	NOUN
fbem-29600	59	26	at	at	ADP
fbem-29600	59	27	175	175	NUM
fbem-29600	59	28	%	%	NOUN
fbem-29600	59	29	of	of	ADP
fbem-29600	59	30	the	the	DET
fbem-29600	59	31	cost	cost	NOUN
fbem-29600	59	32	of	of	ADP
fbem-29600	59	33	the	the	DET
fbem-29600	59	34	intangible	intangible	ADJ
fbem-29600	59	35	assets	asset	NOUN
fbem-29600	59	36	.	.	PUNCT
fbem-29600	60	1	the	the	DET
fbem-29600	60	2	reducing	reduce	VERB
fbem-29600	60	3	cost	cost	NOUN
fbem-29600	60	4	of	of	ADP
fbem-29600	60	5	enterprises	enterprise	NOUN
fbem-29600	60	6	promotes	promote	VERB
fbem-29600	60	7	r&d	r&d	NOUN
fbem-29600	60	8	and	and	CCONJ
fbem-29600	60	9	innovation	innovation	NOUN
fbem-29600	60	10	of	of	ADP
fbem-29600	60	11	enterprises	enterprise	NOUN
fbem-29600	60	12	,	,	PUNCT
fbem-29600	60	13	expanding	expand	VERB
fbem-29600	60	14	the	the	DET
fbem-29600	60	15	scope	scope	NOUN
fbem-29600	60	16	of	of	ADP
fbem-29600	60	17	deductions	deduction	NOUN
fbem-29600	60	18	for	for	ADP
fbem-29600	60	19	r&d	r&d	NOUN
fbem-29600	60	20	expenses	expense	NOUN
fbem-29600	60	21	of	of	ADP
fbem-29600	60	22	enterprises	enterprise	NOUN
fbem-29600	60	23	and	and	CCONJ
fbem-29600	60	24	increasing	increase	VERB
fbem-29600	60	25	the	the	DET
fbem-29600	60	26	proportion	proportion	NOUN
fbem-29600	60	27	of	of	ADP
fbem-29600	60	28	deductions	deduction	NOUN
fbem-29600	60	29	.	.	PUNCT
fbem-29600	61	1	on	on	ADP
fbem-29600	61	2	the	the	DET
fbem-29600	61	3	demand	demand	NOUN
fbem-29600	61	4	side	side	NOUN
fbem-29600	61	5	,	,	PUNCT
fbem-29600	61	6	we	we	PRON
fbem-29600	61	7	will	will	AUX
fbem-29600	61	8	give	give	VERB
fbem-29600	61	9	full	full	ADJ
fbem-29600	61	10	play	play	NOUN
fbem-29600	61	11	to	to	ADP
fbem-29600	61	12	the	the	DET
fbem-29600	61	13	tax	tax	NOUN
fbem-29600	61	14	reduction	reduction	NOUN
fbem-29600	61	15	effect	effect	NOUN
fbem-29600	61	16	of	of	ADP
fbem-29600	61	17	the	the	DET
fbem-29600	61	18	personal	personal	ADJ
fbem-29600	61	19	income	income	NOUN
fbem-29600	61	20	tax	tax	NOUN
fbem-29600	61	21	reform	reform	NOUN
fbem-29600	61	22	,	,	PUNCT
fbem-29600	61	23	improve	improve	VERB
fbem-29600	61	24	the	the	DET
fbem-29600	61	25	policy	policy	NOUN
fbem-29600	61	26	of	of	ADP
fbem-29600	61	27	special	special	ADJ
fbem-29600	61	28	additional	additional	ADJ
fbem-29600	61	29	deduction	deduction	NOUN
fbem-29600	61	30	for	for	ADP
fbem-29600	61	31	personal	personal	ADJ
fbem-29600	61	32	income	income	NOUN
fbem-29600	61	33	tax	tax	NOUN
fbem-29600	61	34	,	,	PUNCT
fbem-29600	61	35	regulate	regulate	VERB
fbem-29600	61	36	the	the	DET
fbem-29600	61	37	income	income	NOUN
fbem-29600	61	38	distribution	distribution	NOUN
fbem-29600	61	39	,	,	PUNCT
fbem-29600	61	40	implement	implement	ADJ
fbem-29600	61	41	and	and	CCONJ
fbem-29600	61	42	fine	fine	ADJ
fbem-29600	61	43	-	-	PUNCT
fbem-29600	61	44	tune	tune	NOUN
fbem-29600	61	45	the	the	DET
fbem-29600	61	46	tax	tax	NOUN
fbem-29600	61	47	and	and	CCONJ
fbem-29600	61	48	fee	fee	NOUN
fbem-29600	61	49	support	support	NOUN
fbem-29600	61	50	policies	policy	NOUN
fbem-29600	61	51	for	for	ADP
fbem-29600	61	52	employment	employment	NOUN
fbem-29600	61	53	and	and	CCONJ
fbem-29600	61	54	entrepreneurship	entrepreneurship	NOUN
fbem-29600	61	55	,	,	PUNCT
fbem-29600	61	56	and	and	CCONJ
fbem-29600	61	57	stimulate	stimulate	VERB
fbem-29600	61	58	the	the	DET
fbem-29600	61	59	vitality	vitality	NOUN
fbem-29600	61	60	of	of	ADP
fbem-29600	61	61	consumption	consumption	NOUN
fbem-29600	61	62	.	.	PUNCT
fbem-29600	62	1	4.2	4.2	NUM
fbem-29600	62	2	.	.	PUNCT
fbem-29600	63	1	macroeconomic	macroeconomic	ADJ
fbem-29600	63	2	effects	effect	NOUN
fbem-29600	63	3	of	of	ADP
fbem-29600	63	4	tax	tax	NOUN
fbem-29600	63	5	and	and	CCONJ
fbem-29600	63	6	fee	fee	NOUN
fbem-29600	63	7	reductions	reduction	NOUN
fbem-29600	63	8	from	from	ADP
fbem-29600	63	9	the	the	DET
fbem-29600	63	10	above	above	ADJ
fbem-29600	63	11	is	be	AUX
fbem-29600	63	12	-	-	PUNCT
fbem-29600	63	13	lm	lm	ADJ
fbem-29600	63	14	model	model	NOUN
fbem-29600	63	15	analysis	analysis	NOUN
fbem-29600	63	16	,	,	PUNCT
fbem-29600	63	17	we	we	PRON
fbem-29600	63	18	can	can	AUX
fbem-29600	63	19	know	know	VERB
fbem-29600	63	20	that	that	PRON
fbem-29600	63	21	as	as	ADP
fbem-29600	63	22	a	a	DET
fbem-29600	63	23	positive	positive	ADJ
fbem-29600	63	24	fiscal	fiscal	ADJ
fbem-29600	63	25	policy	policy	NOUN
fbem-29600	63	26	of	of	ADP
fbem-29600	63	27	tax	tax	NOUN
fbem-29600	63	28	means	mean	NOUN
fbem-29600	63	29	,	,	PUNCT
fbem-29600	63	30	tax	tax	NOUN
fbem-29600	63	31	cuts	cut	NOUN
fbem-29600	63	32	and	and	CCONJ
fbem-29600	63	33	fee	fee	NOUN
fbem-29600	63	34	reductions	reduction	NOUN
fbem-29600	63	35	can	can	AUX
fbem-29600	63	36	reduce	reduce	VERB
fbem-29600	63	37	the	the	DET
fbem-29600	63	38	burden	burden	NOUN
fbem-29600	63	39	on	on	ADP
fbem-29600	63	40	enterprises	enterprise	NOUN
fbem-29600	63	41	and	and	CCONJ
fbem-29600	63	42	individuals	individual	NOUN
fbem-29600	63	43	,	,	PUNCT
fbem-29600	63	44	promote	promote	VERB
fbem-29600	63	45	consumption	consumption	NOUN
fbem-29600	63	46	,	,	PUNCT
fbem-29600	63	47	and	and	CCONJ
fbem-29600	63	48	stimulate	stimulate	VERB
fbem-29600	63	49	output	output	NOUN
fbem-29600	63	50	in	in	ADP
fbem-29600	63	51	the	the	DET
fbem-29600	63	52	short	short	ADJ
fbem-29600	63	53	term	term	NOUN
fbem-29600	63	54	,	,	PUNCT
fbem-29600	63	55	but	but	CCONJ
fbem-29600	63	56	also	also	ADV
fbem-29600	63	57	make	make	VERB
fbem-29600	63	58	the	the	DET
fbem-29600	63	59	interest	interest	NOUN
fbem-29600	63	60	rate	rate	NOUN
fbem-29600	63	61	rise	rise	NOUN
fbem-29600	63	62	,	,	PUNCT
fbem-29600	63	63	the	the	DET
fbem-29600	63	64	price	price	NOUN
fbem-29600	63	65	level	level	NOUN
fbem-29600	63	66	rises	rise	NOUN
fbem-29600	63	67	,	,	PUNCT
fbem-29600	63	68	and	and	CCONJ
fbem-29600	63	69	in	in	ADP
fbem-29600	63	70	the	the	DET
fbem-29600	63	71	actual	actual	ADJ
fbem-29600	63	72	tax	tax	NOUN
fbem-29600	63	73	policy	policy	NOUN
fbem-29600	63	74	,	,	PUNCT
fbem-29600	63	75	through	through	ADP
fbem-29600	63	76	the	the	DET
fbem-29600	63	77	adjustment	adjustment	NOUN
fbem-29600	63	78	of	of	ADP
fbem-29600	63	79	tax	tax	NOUN
fbem-29600	63	80	exemptions	exemption	NOUN
fbem-29600	63	81	,	,	PUNCT
fbem-29600	63	82	credits	credit	NOUN
fbem-29600	63	83	,	,	PUNCT
fbem-29600	63	84	deductions	deduction	NOUN
fbem-29600	63	85	,	,	PUNCT
fbem-29600	63	86	and	and	CCONJ
fbem-29600	63	87	tax	tax	NOUN
fbem-29600	63	88	rates	rate	NOUN
fbem-29600	63	89	can	can	AUX
fbem-29600	63	90	also	also	ADV
fbem-29600	63	91	promote	promote	VERB
fbem-29600	63	92	enterprise	enterprise	NOUN
fbem-29600	63	93	research	research	NOUN
fbem-29600	63	94	and	and	CCONJ
fbem-29600	63	95	development	development	NOUN
fbem-29600	63	96	,	,	PUNCT
fbem-29600	63	97	and	and	CCONJ
fbem-29600	63	98	investment	investment	NOUN
fbem-29600	63	99	.	.	PUNCT
fbem-29600	64	1	so	so	ADV
fbem-29600	64	2	how	how	SCONJ
fbem-29600	64	3	is	be	AUX
fbem-29600	64	4	the	the	DET
fbem-29600	64	5	final	final	ADJ
fbem-29600	64	6	economic	economic	ADJ
fbem-29600	64	7	effect	effect	NOUN
fbem-29600	64	8	of	of	ADP
fbem-29600	64	9	china	china	PROPN
fbem-29600	64	10	's	's	PART
fbem-29600	64	11	tax	tax	NOUN
fbem-29600	64	12	cuts	cut	NOUN
fbem-29600	64	13	and	and	CCONJ
fbem-29600	64	14	fee	fee	NOUN
fbem-29600	64	15	reduction	reduction	NOUN
fbem-29600	64	16	policies	policy	NOUN
fbem-29600	64	17	,	,	PUNCT
fbem-29600	64	18	we	we	PRON
fbem-29600	64	19	can	can	AUX
fbem-29600	64	20	analyze	analyze	VERB
fbem-29600	64	21	the	the	DET
fbem-29600	64	22	specific	specific	ADJ
fbem-29600	64	23	data	datum	NOUN
fbem-29600	64	24	,	,	PUNCT
fbem-29600	64	25	the	the	DET
fbem-29600	64	26	data	datum	NOUN
fbem-29600	64	27	in	in	ADP
fbem-29600	64	28	this	this	DET
fbem-29600	64	29	article	article	NOUN
fbem-29600	64	30	are	be	AUX
fbem-29600	64	31	from	from	ADP
fbem-29600	64	32	the	the	DET
fbem-29600	64	33	national	national	PROPN
fbem-29600	64	34	bureau	bureau	PROPN
fbem-29600	64	35	of	of	ADP
fbem-29600	64	36	statistics	statistic	NOUN
fbem-29600	64	37	.	.	PUNCT
fbem-29600	65	1	4.2.1	4.2.1	NUM
fbem-29600	65	2	.	.	PUNCT
fbem-29600	65	3	tax	tax	NOUN
fbem-29600	65	4	burden	burden	NOUN
fbem-29600	65	5	the	the	DET
fbem-29600	65	6	national	national	ADJ
fbem-29600	65	7	tax	tax	NOUN
fbem-29600	65	8	work	work	NOUN
fbem-29600	65	9	conference	conference	NOUN
fbem-29600	65	10	was	be	AUX
fbem-29600	65	11	held	hold	VERB
fbem-29600	65	12	in	in	ADP
fbem-29600	65	13	beijing	beijing	PROPN
fbem-29600	65	14	on	on	ADP
fbem-29600	65	15	january	january	PROPN
fbem-29600	65	16	17	17	NUM
fbem-29600	65	17	,	,	PUNCT
fbem-29600	65	18	2023	2023	NUM
fbem-29600	65	19	,	,	PUNCT
fbem-29600	65	20	which	which	PRON
fbem-29600	65	21	summarized	summarize	VERB
fbem-29600	65	22	the	the	DET
fbem-29600	65	23	tax	tax	NOUN
fbem-29600	65	24	work	work	NOUN
fbem-29600	65	25	in	in	ADP
fbem-29600	65	26	2022	2022	NUM
fbem-29600	65	27	and	and	CCONJ
fbem-29600	65	28	the	the	DET
fbem-29600	65	29	effectiveness	effectiveness	NOUN
fbem-29600	65	30	of	of	ADP
fbem-29600	65	31	tax	tax	NOUN
fbem-29600	65	32	modernization	modernization	NOUN
fbem-29600	65	33	since	since	SCONJ
fbem-29600	65	34	the	the	DET
fbem-29600	65	35	19th	19th	ADJ
fbem-29600	65	36	cpc	cpc	PROPN
fbem-29600	65	37	national	national	PROPN
fbem-29600	65	38	congress	congress	PROPN
fbem-29600	65	39	and	and	CCONJ
fbem-29600	65	40	the	the	DET
fbem-29600	65	41	decade	decade	NOUN
fbem-29600	65	42	of	of	ADP
fbem-29600	65	43	the	the	DET
fbem-29600	65	44	new	new	ADJ
fbem-29600	65	45	era	era	NOUN
fbem-29600	65	46	,	,	PUNCT
fbem-29600	65	47	and	and	CCONJ
fbem-29600	65	48	pointed	point	VERB
fbem-29600	65	49	out	out	ADP
fbem-29600	65	50	that	that	SCONJ
fbem-29600	65	51	over	over	ADP
fbem-29600	65	52	the	the	DET
fbem-29600	65	53	past	past	ADJ
fbem-29600	65	54	ten	ten	NUM
fbem-29600	65	55	years	year	NOUN
fbem-29600	65	56	,	,	PUNCT
fbem-29600	65	57	the	the	DET
fbem-29600	65	58	tax	tax	NOUN
fbem-29600	65	59	department	department	NOUN
fbem-29600	65	60	has	have	AUX
fbem-29600	65	61	organized	organize	VERB
fbem-29600	65	62	a	a	DET
fbem-29600	65	63	cumulative	cumulative	ADJ
fbem-29600	65	64	total	total	NOUN
fbem-29600	65	65	of	of	ADP
fbem-29600	65	66	140	140	NUM
fbem-29600	65	67	trillion	trillion	NUM
fbem-29600	65	68	yuan	yuan	NOUN
fbem-29600	65	69	of	of	ADP
fbem-29600	65	70	tax	tax	NOUN
fbem-29600	65	71	revenues	revenue	NOUN
fbem-29600	65	72	(	(	PUNCT
fbem-29600	65	73	before	before	ADP
fbem-29600	65	74	deduction	deduction	NOUN
fbem-29600	65	75	of	of	ADP
fbem-29600	65	76	the	the	DET
fbem-29600	65	77	export	export	NOUN
fbem-29600	65	78	tax	tax	NOUN
fbem-29600	65	79	rebates	rebate	NOUN
fbem-29600	65	80	)	)	PUNCT
fbem-29600	65	81	,	,	PUNCT
fbem-29600	65	82	and	and	CCONJ
fbem-29600	65	83	together	together	ADV
fbem-29600	65	84	with	with	SCONJ
fbem-29600	65	85	social	social	ADJ
fbem-29600	65	86	security	security	NOUN
fbem-29600	65	87	premiums	premium	NOUN
fbem-29600	65	88	and	and	CCONJ
fbem-29600	65	89	nontax	nontax	NOUN
fbem-29600	65	90	revenues	revenue	NOUN
fbem-29600	65	91	levied	levy	VERB
fbem-29600	65	92	,	,	PUNCT
fbem-29600	65	93	the	the	DET
fbem-29600	65	94	total	total	ADJ
fbem-29600	65	95	amount	amount	NOUN
fbem-29600	65	96	has	have	AUX
fbem-29600	65	97	exceeded	exceed	VERB
fbem-29600	65	98	187	187	NUM
fbem-29600	65	99	trillion	trillion	NUM
fbem-29600	65	100	yuan	yuan	NOUN
fbem-29600	65	101	;	;	PUNCT
fbem-29600	65	102	and	and	CCONJ
fbem-29600	65	103	the	the	DET
fbem-29600	65	104	cumulative	cumulative	ADJ
fbem-29600	65	105	total	total	NOUN
fbem-29600	65	106	of	of	ADP
fbem-29600	65	107	new	new	ADJ
fbem-29600	65	108	tax	tax	NOUN
fbem-29600	65	109	cuts	cut	NOUN
fbem-29600	65	110	,	,	PUNCT
fbem-29600	65	111	fee	fee	NOUN
fbem-29600	65	112	reductions	reduction	NOUN
fbem-29600	65	113	,	,	PUNCT
fbem-29600	65	114	and	and	CCONJ
fbem-29600	65	115	tax	tax	NOUN
fbem-29600	65	116	rebates	rebate	NOUN
fbem-29600	65	117	and	and	CCONJ
fbem-29600	65	118	fee	fee	NOUN
fbem-29600	65	119	reprieves	reprieve	NOUN
fbem-29600	65	120	exceeded	exceed	VERB
fbem-29600	65	121	13	13	NUM
fbem-29600	65	122	trillion	trillion	NUM
fbem-29600	65	123	yuan	yuan	NOUN
fbem-29600	65	124	.	.	PUNCT
fbem-29600	66	1	for	for	ADP
fbem-29600	66	2	the	the	DET
fbem-29600	66	3	whole	whole	ADJ
fbem-29600	66	4	year	year	NOUN
fbem-29600	66	5	of	of	ADP
fbem-29600	66	6	2022	2022	NUM
fbem-29600	66	7	alone	alone	ADV
fbem-29600	66	8	,	,	PUNCT
fbem-29600	66	9	china	china	PROPN
fbem-29600	66	10	's	's	PART
fbem-29600	66	11	new	new	ADJ
fbem-29600	66	12	tax	tax	NOUN
fbem-29600	66	13	cuts	cut	NOUN
fbem-29600	66	14	,	,	PUNCT
fbem-29600	66	15	fee	fee	NOUN
fbem-29600	66	16	reductions	reduction	NOUN
fbem-29600	66	17	and	and	CCONJ
fbem-29600	66	18	tax	tax	NOUN
fbem-29600	66	19	refunds	refund	NOUN
fbem-29600	66	20	and	and	CCONJ
fbem-29600	66	21	tax	tax	NOUN
fbem-29600	66	22	moratoriums	moratorium	NOUN
fbem-29600	66	23	will	will	AUX
fbem-29600	66	24	exceed	exceed	VERB
fbem-29600	66	25	4.2	4.2	NUM
fbem-29600	66	26	trillion	trillion	NUM
fbem-29600	66	27	yuan	yuan	NOUN
fbem-29600	66	28	.	.	PUNCT
fbem-29600	67	1	china	china	PROPN
fbem-29600	67	2	has	have	AUX
fbem-29600	67	3	promoted	promote	VERB
fbem-29600	67	4	the	the	DET
fbem-29600	67	5	policy	policy	NOUN
fbem-29600	67	6	of	of	ADP
fbem-29600	67	7	tax	tax	NOUN
fbem-29600	67	8	cuts	cut	NOUN
fbem-29600	67	9	and	and	CCONJ
fbem-29600	67	10	fee	fee	NOUN
fbem-29600	67	11	reductions	reduction	NOUN
fbem-29600	67	12	in	in	ADP
fbem-29600	67	13	conjunction	conjunction	NOUN
fbem-29600	67	14	with	with	ADP
fbem-29600	67	15	the	the	DET
fbem-29600	67	16	tax	tax	NOUN
fbem-29600	67	17	reform	reform	NOUN
fbem-29600	67	18	,	,	PUNCT
fbem-29600	67	19	and	and	CCONJ
fbem-29600	67	20	has	have	AUX
fbem-29600	67	21	adhered	adhere	VERB
fbem-29600	67	22	to	to	ADP
fbem-29600	67	23	the	the	DET
fbem-29600	67	24	reform	reform	NOUN
fbem-29600	67	25	goal	goal	NOUN
fbem-29600	67	26	of	of	ADP
fbem-29600	67	27	continuously	continuously	ADV
fbem-29600	67	28	reducing	reduce	VERB
fbem-29600	67	29	the	the	DET
fbem-29600	67	30	tax	tax	NOUN
fbem-29600	67	31	burden	burden	NOUN
fbem-29600	67	32	on	on	ADP
fbem-29600	67	33	market	market	NOUN
fbem-29600	67	34	players	player	NOUN
fbem-29600	67	35	.	.	PUNCT
fbem-29600	68	1	then	then	ADV
fbem-29600	68	2	in	in	ADP
fbem-29600	68	3	the	the	DET
fbem-29600	68	4	process	process	NOUN
fbem-29600	68	5	of	of	ADP
fbem-29600	68	6	tax	tax	NOUN
fbem-29600	68	7	cuts	cut	NOUN
fbem-29600	68	8	and	and	CCONJ
fbem-29600	68	9	fee	fee	NOUN
fbem-29600	68	10	reductions	reduction	NOUN
fbem-29600	68	11	,	,	PUNCT
fbem-29600	68	12	how	how	SCONJ
fbem-29600	68	13	the	the	DET
fbem-29600	68	14	overall	overall	ADJ
fbem-29600	68	15	tax	tax	NOUN
fbem-29600	68	16	burden	burden	NOUN
fbem-29600	68	17	changes	change	NOUN
fbem-29600	68	18	,	,	PUNCT
fbem-29600	68	19	we	we	PRON
fbem-29600	68	20	can	can	AUX
fbem-29600	68	21	specifically	specifically	ADV
fbem-29600	68	22	analyze	analyze	VERB
fbem-29600	68	23	the	the	DET
fbem-29600	68	24	data	datum	NOUN
fbem-29600	68	25	,	,	PUNCT
fbem-29600	68	26	where	where	SCONJ
fbem-29600	68	27	we	we	PRON
fbem-29600	68	28	use	use	VERB
fbem-29600	68	29	a	a	DET
fbem-29600	68	30	small	small	ADJ
fbem-29600	68	31	-	-	PUNCT
fbem-29600	68	32	caliber	caliber	NOUN
fbem-29600	68	33	macro	macro	ADJ
fbem-29600	68	34	tax	tax	NOUN
fbem-29600	68	35	burden	burden	NOUN
fbem-29600	68	36	,	,	PUNCT
fbem-29600	68	37	that	that	ADV
fbem-29600	68	38	is	is	ADV
fbem-29600	68	39	,	,	PUNCT
fbem-29600	68	40	the	the	DET
fbem-29600	68	41	current	current	ADJ
fbem-29600	68	42	year	year	NOUN
fbem-29600	68	43	's	's	PART
fbem-29600	68	44	tax	tax	NOUN
fbem-29600	68	45	revenues	revenue	NOUN
fbem-29600	68	46	divided	divide	VERB
fbem-29600	68	47	by	by	ADP
fbem-29600	68	48	the	the	DET
fbem-29600	68	49	current	current	ADJ
fbem-29600	68	50	year	year	NOUN
fbem-29600	68	51	's	's	PART
fbem-29600	68	52	gdp	gdp	NOUN
fbem-29600	68	53	to	to	PART
fbem-29600	68	54	get	get	VERB
fbem-29600	68	55	,	,	PUNCT
fbem-29600	68	56	because	because	SCONJ
fbem-29600	68	57	the	the	DET
fbem-29600	68	58	tax	tax	NOUN
fbem-29600	68	59	burden	burden	NOUN
fbem-29600	68	60	is	be	AUX
fbem-29600	68	61	calculated	calculate	VERB
fbem-29600	68	62	using	use	VERB
fbem-29600	68	63	nominal	nominal	ADJ
fbem-29600	68	64	tax	tax	NOUN
fbem-29600	68	65	revenues	revenue	NOUN
fbem-29600	68	66	and	and	CCONJ
fbem-29600	68	67	nominal	nominal	PROPN
fbem-29600	68	68	gdp	gdp	NOUN
fbem-29600	68	69	,	,	PUNCT
fbem-29600	68	70	so	so	ADV
fbem-29600	68	71	here	here	ADV
fbem-29600	68	72	at	at	ADP
fbem-29600	68	73	the	the	DET
fbem-29600	68	74	same	same	ADJ
fbem-29600	68	75	time	time	NOUN
fbem-29600	68	76	to	to	PART
fbem-29600	68	77	show	show	VERB
fbem-29600	68	78	the	the	DET
fbem-29600	68	79	rate	rate	NOUN
fbem-29600	68	80	of	of	ADP
fbem-29600	68	81	change	change	NOUN
fbem-29600	68	82	in	in	ADP
fbem-29600	68	83	the	the	DET
fbem-29600	68	84	nominal	nominal	ADJ
fbem-29600	68	85	gdp	gdp	NOUN
fbem-29600	68	86	in	in	ADP
fbem-29600	68	87	order	order	NOUN
fbem-29600	68	88	to	to	PART
fbem-29600	68	89	facilitate	facilitate	VERB
fbem-29600	68	90	the	the	DET
fbem-29600	68	91	comparison	comparison	NOUN
fbem-29600	68	92	.	.	PUNCT
fbem-29600	69	1	from	from	ADP
fbem-29600	69	2	figure	figure	NOUN
fbem-29600	69	3	2	2	NUM
fbem-29600	69	4	can	can	AUX
fbem-29600	69	5	be	be	AUX
fbem-29600	69	6	seen	see	VERB
fbem-29600	69	7	since	since	SCONJ
fbem-29600	69	8	the	the	DET
fbem-29600	69	9	camp	camp	NOUN
fbem-29600	69	10	reform	reform	NOUN
fbem-29600	69	11	,	,	PUNCT
fbem-29600	69	12	china	china	PROPN
fbem-29600	69	13	's	's	PART
fbem-29600	69	14	tax	tax	NOUN
fbem-29600	69	15	cuts	cut	NOUN
fbem-29600	69	16	and	and	CCONJ
fbem-29600	69	17	fee	fee	NOUN
fbem-29600	69	18	reductions	reduction	NOUN
fbem-29600	69	19	from	from	ADP
fbem-29600	69	20	the	the	DET
fbem-29600	69	21	overall	overall	ADJ
fbem-29600	69	22	reduction	reduction	NOUN
fbem-29600	69	23	in	in	ADP
fbem-29600	69	24	the	the	DET
fbem-29600	69	25	level	level	NOUN
fbem-29600	69	26	of	of	ADP
fbem-29600	69	27	the	the	DET
fbem-29600	69	28	tax	tax	NOUN
fbem-29600	69	29	burden	burden	NOUN
fbem-29600	69	30	,	,	PUNCT
fbem-29600	69	31	in	in	ADP
fbem-29600	69	32	the	the	DET
fbem-29600	69	33	years	year	NOUN
fbem-29600	69	34	listed	list	VERB
fbem-29600	69	35	in	in	ADP
fbem-29600	69	36	the	the	DET
fbem-29600	69	37	figure	figure	NOUN
fbem-29600	69	38	,	,	PUNCT
fbem-29600	69	39	it	it	PRON
fbem-29600	69	40	can	can	AUX
fbem-29600	69	41	be	be	AUX
fbem-29600	69	42	seen	see	VERB
fbem-29600	69	43	that	that	SCONJ
fbem-29600	69	44	the	the	DET
fbem-29600	69	45	nominal	nominal	ADJ
fbem-29600	69	46	gdp	gdp	NOUN
fbem-29600	69	47	growth	growth	NOUN
fbem-29600	69	48	rate	rate	NOUN
fbem-29600	69	49	has	have	AUX
fbem-29600	69	50	changed	change	VERB
fbem-29600	69	51	a	a	DET
fbem-29600	69	52	lot	lot	NOUN
fbem-29600	69	53	,	,	PUNCT
fbem-29600	69	54	no	no	ADV
fbem-29600	69	55	matter	matter	ADV
fbem-29600	69	56	whether	whether	SCONJ
fbem-29600	69	57	the	the	DET
fbem-29600	69	58	growth	growth	NOUN
fbem-29600	69	59	rate	rate	NOUN
fbem-29600	69	60	of	of	ADP
fbem-29600	69	61	the	the	DET
fbem-29600	69	62	nominal	nominal	ADJ
fbem-29600	69	63	gdp	gdp	NOUN
fbem-29600	69	64	is	be	AUX
fbem-29600	69	65	rising	rise	VERB
fbem-29600	69	66	or	or	CCONJ
fbem-29600	69	67	declining	decline	VERB
fbem-29600	69	68	,	,	PUNCT
fbem-29600	69	69	the	the	DET
fbem-29600	69	70	tax	tax	NOUN
fbem-29600	69	71	burden	burden	NOUN
fbem-29600	69	72	is	be	AUX
fbem-29600	69	73	declining	decline	VERB
fbem-29600	69	74	,	,	PUNCT
fbem-29600	69	75	in	in	ADP
fbem-29600	69	76	the	the	DET
fbem-29600	69	77	2020	2020	NUM
fbem-29600	69	78	and	and	CCONJ
fbem-29600	69	79	2022	2022	NUM
fbem-29600	69	80	new	new	ADJ
fbem-29600	69	81	crown	crown	NOUN
fbem-29600	69	82	pneumonia	pneumonia	NOUN
fbem-29600	69	83	epidemic	epidemic	NOUN
fbem-29600	69	84	on	on	ADP
fbem-29600	69	85	china	china	PROPN
fbem-29600	69	86	's	's	PART
fbem-29600	69	87	economy	economy	NOUN
fbem-29600	69	88	has	have	VERB
fbem-29600	69	89	a	a	DET
fbem-29600	69	90	greater	great	ADJ
fbem-29600	69	91	impact	impact	NOUN
fbem-29600	69	92	on	on	ADP
fbem-29600	69	93	the	the	DET
fbem-29600	69	94	nominal	nominal	ADJ
fbem-29600	69	95	gdp	gdp	NOUN
fbem-29600	69	96	growth	growth	NOUN
fbem-29600	69	97	rate	rate	NOUN
fbem-29600	69	98	has	have	AUX
fbem-29600	69	99	fallen	fall	VERB
fbem-29600	69	100	significantly	significantly	ADV
fbem-29600	69	101	,	,	PUNCT
fbem-29600	69	102	the	the	DET
fbem-29600	69	103	overall	overall	ADJ
fbem-29600	69	104	tax	tax	NOUN
fbem-29600	69	105	burden	burden	NOUN
fbem-29600	69	106	also	also	ADV
fbem-29600	69	107	maintains	maintain	VERB
fbem-29600	69	108	a	a	DET
fbem-29600	69	109	decline	decline	NOUN
fbem-29600	69	110	,	,	PUNCT
fbem-29600	69	111	which	which	PRON
fbem-29600	69	112	may	may	AUX
fbem-29600	69	113	be	be	AUX
fbem-29600	69	114	related	relate	VERB
fbem-29600	69	115	to	to	ADP
fbem-29600	69	116	china	china	PROPN
fbem-29600	69	117	's	's	PART
fbem-29600	69	118	timely	timely	ADJ
fbem-29600	69	119	introduction	introduction	NOUN
fbem-29600	69	120	of	of	ADP
fbem-29600	69	121	corresponding	correspond	VERB
fbem-29600	69	122	tax	tax	NOUN
fbem-29600	69	123	support	support	NOUN
fbem-29600	69	124	policies	policy	NOUN
fbem-29600	69	125	during	during	ADP
fbem-29600	69	126	the	the	DET
fbem-29600	69	127	epidemic	epidemic	NOUN
fbem-29600	69	128	,	,	PUNCT
fbem-29600	69	129	adhere	adhere	VERB
fbem-29600	69	130	to	to	ADP
fbem-29600	69	131	the	the	DET
fbem-29600	69	132	implementation	implementation	NOUN
fbem-29600	69	133	of	of	ADP
fbem-29600	69	134	tax	tax	NOUN
fbem-29600	69	135	cuts	cut	NOUN
fbem-29600	69	136	and	and	CCONJ
fbem-29600	69	137	fee	fee	NOUN
fbem-29600	69	138	reductions	reduction	NOUN
fbem-29600	69	139	,	,	PUNCT
fbem-29600	69	140	such	such	ADJ
fbem-29600	69	141	as	as	ADP
fbem-29600	69	142	:	:	PUNCT
fbem-29600	69	143	for	for	SCONJ
fbem-29600	69	144	the	the	DET
fbem-29600	69	145	epidemic	epidemic	NOUN
fbem-29600	69	146	prevention	prevention	NOUN
fbem-29600	69	147	and	and	CCONJ
fbem-29600	69	148	control	control	NOUN
fbem-29600	69	149	114	114	NUM
fbem-29600	69	150	of	of	ADP
fbem-29600	69	151	key	key	ADJ
fbem-29600	69	152	protection	protection	NOUN
fbem-29600	69	153	materials	material	NOUN
fbem-29600	69	154	production	production	NOUN
fbem-29600	69	155	enterprises	enterprise	NOUN
fbem-29600	69	156	to	to	PART
fbem-29600	69	157	expand	expand	VERB
fbem-29600	69	158	production	production	NOUN
fbem-29600	69	159	capacity	capacity	NOUN
fbem-29600	69	160	of	of	ADP
fbem-29600	69	161	the	the	DET
fbem-29600	69	162	newly	newly	ADV
fbem-29600	69	163	purchased	purchase	VERB
fbem-29600	69	164	equipment	equipment	NOUN
fbem-29600	69	165	related	relate	VERB
fbem-29600	69	166	to	to	ADP
fbem-29600	69	167	the	the	DET
fbem-29600	69	168	current	current	ADJ
fbem-29600	69	169	cost	cost	NOUN
fbem-29600	69	170	of	of	ADP
fbem-29600	69	171	the	the	DET
fbem-29600	69	172	current	current	ADJ
fbem-29600	69	173	period	period	NOUN
fbem-29600	69	174	is	be	AUX
fbem-29600	69	175	allowed	allow	VERB
fbem-29600	69	176	to	to	PART
fbem-29600	69	177	be	be	AUX
fbem-29600	69	178	credited	credit	VERB
fbem-29600	69	179	one	one	NUM
fbem-29600	69	180	-	-	PUNCT
fbem-29600	69	181	time	time	NOUN
fbem-29600	69	182	cost	cost	NOUN
fbem-29600	69	183	deducted	deduct	VERB
fbem-29600	69	184	before	before	ADP
fbem-29600	69	185	the	the	DET
fbem-29600	69	186	enterprise	enterprise	NOUN
fbem-29600	69	187	income	income	NOUN
fbem-29600	69	188	tax	tax	NOUN
fbem-29600	69	189	;	;	PUNCT
fbem-29600	69	190	by	by	ADP
fbem-29600	69	191	the	the	DET
fbem-29600	69	192	epidemic	epidemic	NOUN
fbem-29600	69	193	affected	affect	VERB
fbem-29600	69	194	by	by	ADP
fbem-29600	69	195	the	the	DET
fbem-29600	69	196	greater	great	ADJ
fbem-29600	69	197	difficulties	difficulty	NOUN
fbem-29600	69	198	of	of	ADP
fbem-29600	69	199	the	the	DET
fbem-29600	69	200	industry	industry	NOUN
fbem-29600	69	201	enterprise	enterprise	NOUN
fbem-29600	69	202	(	(	PUNCT
fbem-29600	69	203	including	include	VERB
fbem-29600	69	204	transportation	transportation	NOUN
fbem-29600	69	205	,	,	PUNCT
fbem-29600	69	206	food	food	NOUN
fbem-29600	69	207	and	and	CCONJ
fbem-29600	69	208	beverage	beverage	NOUN
fbem-29600	69	209	,	,	PUNCT
fbem-29600	69	210	enterprises	enterprise	NOUN
fbem-29600	69	211	in	in	ADP
fbem-29600	69	212	difficult	difficult	ADJ
fbem-29600	69	213	industries	industry	NOUN
fbem-29600	69	214	(	(	PUNCT
fbem-29600	69	215	including	include	VERB
fbem-29600	69	216	the	the	DET
fbem-29600	69	217	four	four	NUM
fbem-29600	69	218	major	major	ADJ
fbem-29600	69	219	categories	category	NOUN
fbem-29600	69	220	of	of	ADP
fbem-29600	69	221	transportation	transportation	NOUN
fbem-29600	69	222	,	,	PUNCT
fbem-29600	69	223	catering	catering	NOUN
fbem-29600	69	224	,	,	PUNCT
fbem-29600	69	225	accommodation	accommodation	NOUN
fbem-29600	69	226	and	and	CCONJ
fbem-29600	69	227	tourism	tourism	NOUN
fbem-29600	69	228	)	)	PUNCT
fbem-29600	69	229	affected	affect	VERB
fbem-29600	69	230	by	by	ADP
fbem-29600	69	231	the	the	DET
fbem-29600	69	232	epidemic	epidemic	NOUN
fbem-29600	69	233	are	be	AUX
fbem-29600	69	234	allowed	allow	VERB
fbem-29600	69	235	to	to	PART
fbem-29600	69	236	extend	extend	VERB
fbem-29600	69	237	the	the	DET
fbem-29600	69	238	maximum	maximum	ADJ
fbem-29600	69	239	carry	carry	VERB
fbem-29600	69	240	-	-	PUNCT
fbem-29600	69	241	forward	forward	NOUN
fbem-29600	69	242	period	period	NOUN
fbem-29600	69	243	for	for	ADP
fbem-29600	69	244	losses	loss	NOUN
fbem-29600	69	245	incurred	incur	VERB
fbem-29600	69	246	in	in	ADP
fbem-29600	69	247	2020	2020	NUM
fbem-29600	69	248	from	from	ADP
fbem-29600	69	249	five	five	NUM
fbem-29600	69	250	to	to	PART
fbem-29600	69	251	eight	eight	NUM
fbem-29600	69	252	years	year	NOUN
fbem-29600	69	253	;	;	PUNCT
fbem-29600	69	254	and	and	CCONJ
fbem-29600	69	255	taxpayers	taxpayer	NOUN
fbem-29600	69	256	are	be	AUX
fbem-29600	69	257	exempted	exempt	VERB
fbem-29600	69	258	from	from	ADP
fbem-29600	69	259	value	value	NOUN
fbem-29600	69	260	-	-	PUNCT
fbem-29600	69	261	added	add	VERB
fbem-29600	69	262	tax	tax	NOUN
fbem-29600	69	263	(	(	PUNCT
fbem-29600	69	264	vat	vat	NOUN
fbem-29600	69	265	)	)	PUNCT
fbem-29600	69	266	on	on	ADP
fbem-29600	69	267	income	income	NOUN
fbem-29600	69	268	derived	derive	VERB
fbem-29600	69	269	from	from	ADP
fbem-29600	69	270	the	the	DET
fbem-29600	69	271	provision	provision	NOUN
fbem-29600	69	272	of	of	ADP
fbem-29600	69	273	public	public	ADJ
fbem-29600	69	274	transportation	transportation	NOUN
fbem-29600	69	275	services	service	NOUN
fbem-29600	69	276	,	,	PUNCT
fbem-29600	69	277	living	living	NOUN
fbem-29600	69	278	services	service	NOUN
fbem-29600	69	279	and	and	CCONJ
fbem-29600	69	280	express	express	VERB
fbem-29600	69	281	delivery	delivery	NOUN
fbem-29600	69	282	and	and	CCONJ
fbem-29600	69	283	delivery	delivery	NOUN
fbem-29600	69	284	services	service	NOUN
fbem-29600	69	285	of	of	ADP
fbem-29600	69	286	essential	essential	ADJ
fbem-29600	69	287	living	living	NOUN
fbem-29600	69	288	materials	material	NOUN
fbem-29600	69	289	for	for	ADP
fbem-29600	69	290	residents	resident	NOUN
fbem-29600	69	291	according	accord	VERB
fbem-29600	69	292	to	to	ADP
fbem-29600	69	293	announcement	announcement	NOUN
fbem-29600	69	294	on	on	ADP
fbem-29600	69	295	tax	tax	NOUN
fbem-29600	69	296	policies	policy	NOUN
fbem-29600	69	297	to	to	PART
fbem-29600	69	298	support	support	VERB
fbem-29600	69	299	the	the	DET
fbem-29600	69	300	prevention	prevention	NOUN
fbem-29600	69	301	and	and	CCONJ
fbem-29600	69	302	control	control	NOUN
fbem-29600	69	303	of	of	ADP
fbem-29600	69	304	the	the	DET
fbem-29600	69	305	pneumonia	pneumonia	NOUN
fbem-29600	69	306	epidemic	epidemic	NOUN
fbem-29600	69	307	infected	infect	VERB
fbem-29600	69	308	by	by	ADP
fbem-29600	69	309	a	a	DET
fbem-29600	69	310	novel	novel	ADJ
fbem-29600	69	311	coronavirus	coronavirus	NOUN
fbem-29600	69	312	.	.	PUNCT
fbem-29600	70	1	figure	figure	NOUN
fbem-29600	70	2	2	2	NUM
fbem-29600	70	3	.	.	X
fbem-29600	70	4	gdp	gdp	NOUN
fbem-29600	70	5	growth	growth	NOUN
fbem-29600	70	6	vs.	vs.	ADP
fbem-29600	70	7	macro	macro	ADJ
fbem-29600	70	8	tax	tax	NOUN
fbem-29600	70	9	levels	level	NOUN
fbem-29600	70	10	,	,	PUNCT
fbem-29600	70	11	2016	2016	NUM
fbem-29600	70	12	-	-	SYM
fbem-29600	70	13	2022	2022	NUM
fbem-29600	70	14	4.2.2	4.2.2	NOUN
fbem-29600	70	15	.	.	PUNCT
fbem-29600	71	1	outputs	output	NOUN
fbem-29600	71	2	above	above	ADP
fbem-29600	71	3	figure	figure	NOUN
fbem-29600	71	4	2	2	NUM
fbem-29600	71	5	shows	show	VERB
fbem-29600	71	6	that	that	SCONJ
fbem-29600	71	7	nominal	nominal	ADJ
fbem-29600	71	8	gdp	gdp	NOUN
fbem-29600	71	9	growth	growth	NOUN
fbem-29600	71	10	rates	rate	NOUN
fbem-29600	71	11	are	be	AUX
fbem-29600	71	12	volatile	volatile	ADJ
fbem-29600	71	13	,	,	PUNCT
fbem-29600	71	14	but	but	CCONJ
fbem-29600	71	15	changes	change	NOUN
fbem-29600	71	16	in	in	ADP
fbem-29600	71	17	output	output	NOUN
fbem-29600	71	18	should	should	AUX
fbem-29600	71	19	be	be	AUX
fbem-29600	71	20	considered	consider	VERB
fbem-29600	71	21	not	not	PART
fbem-29600	71	22	just	just	ADV
fbem-29600	71	23	in	in	ADP
fbem-29600	71	24	nominal	nominal	ADJ
fbem-29600	71	25	terms	term	NOUN
fbem-29600	71	26	,	,	PUNCT
fbem-29600	71	27	but	but	CCONJ
fbem-29600	71	28	also	also	ADV
fbem-29600	71	29	in	in	ADP
fbem-29600	71	30	real	real	ADJ
fbem-29600	71	31	terms	term	NOUN
fbem-29600	71	32	.	.	PUNCT
fbem-29600	72	1	figure	figure	VERB
fbem-29600	72	2	3	3	NUM
fbem-29600	72	3	.	.	NOUN
fbem-29600	72	4	level	level	NOUN
fbem-29600	72	5	of	of	ADP
fbem-29600	72	6	real	real	ADJ
fbem-29600	72	7	gdp	gdp	NOUN
fbem-29600	72	8	figure	figure	NOUN
fbem-29600	72	9	3	3	NUM
fbem-29600	72	10	reflects	reflect	VERB
fbem-29600	72	11	the	the	DET
fbem-29600	72	12	actual	actual	ADJ
fbem-29600	72	13	gdp	gdp	NOUN
fbem-29600	72	14	changes	change	NOUN
fbem-29600	72	15	,	,	PUNCT
fbem-29600	72	16	the	the	DET
fbem-29600	72	17	overall	overall	ADJ
fbem-29600	72	18	growth	growth	NOUN
fbem-29600	72	19	level	level	NOUN
fbem-29600	72	20	of	of	ADP
fbem-29600	72	21	the	the	DET
fbem-29600	72	22	economy	economy	NOUN
fbem-29600	72	23	in	in	ADP
fbem-29600	72	24	the	the	DET
fbem-29600	72	25	domestic	domestic	ADJ
fbem-29600	72	26	and	and	CCONJ
fbem-29600	72	27	international	international	ADJ
fbem-29600	72	28	shocks	shock	NOUN
fbem-29600	72	29	still	still	ADV
fbem-29600	72	30	maintain	maintain	VERB
fbem-29600	72	31	the	the	DET
fbem-29600	72	32	level	level	NOUN
fbem-29600	72	33	of	of	ADP
fbem-29600	72	34	growth	growth	NOUN
fbem-29600	72	35	,	,	PUNCT
fbem-29600	72	36	through	through	ADP
fbem-29600	72	37	the	the	DET
fbem-29600	72	38	implementation	implementation	NOUN
fbem-29600	72	39	of	of	ADP
fbem-29600	72	40	tax	tax	NOUN
fbem-29600	72	41	cuts	cut	NOUN
fbem-29600	72	42	and	and	CCONJ
fbem-29600	72	43	fee	fee	NOUN
fbem-29600	72	44	reductions	reduction	NOUN
fbem-29600	72	45	policy	policy	NOUN
fbem-29600	72	46	to	to	PART
fbem-29600	72	47	act	act	VERB
fbem-29600	72	48	against	against	ADP
fbem-29600	72	49	the	the	DET
fbem-29600	72	50	economic	economic	ADJ
fbem-29600	72	51	winds	wind	NOUN
fbem-29600	72	52	,	,	PUNCT
fbem-29600	72	53	can	can	AUX
fbem-29600	72	54	directly	directly	ADV
fbem-29600	72	55	for	for	ADP
fbem-29600	72	56	the	the	DET
fbem-29600	72	57	enterprise	enterprise	NOUN
fbem-29600	72	58	to	to	PART
fbem-29600	72	59	alleviate	alleviate	VERB
fbem-29600	72	60	the	the	DET
fbem-29600	72	61	pressure	pressure	NOUN
fbem-29600	72	62	of	of	ADP
fbem-29600	72	63	capital	capital	NOUN
fbem-29600	72	64	,	,	PUNCT
fbem-29600	72	65	shorten	shorten	VERB
fbem-29600	72	66	the	the	DET
fbem-29600	72	67	turnover	turnover	NOUN
fbem-29600	72	68	period	period	NOUN
fbem-29600	72	69	of	of	ADP
fbem-29600	72	70	enterprise	enterprise	NOUN
fbem-29600	72	71	funds	fund	NOUN
fbem-29600	72	72	,	,	PUNCT
fbem-29600	72	73	reduce	reduce	VERB
fbem-29600	72	74	the	the	DET
fbem-29600	72	75	cost	cost	NOUN
fbem-29600	72	76	of	of	ADP
fbem-29600	72	77	enterprises	enterprise	NOUN
fbem-29600	72	78	,	,	PUNCT
fbem-29600	72	79	enhance	enhance	VERB
fbem-29600	72	80	the	the	DET
fbem-29600	72	81	confidence	confidence	NOUN
fbem-29600	72	82	of	of	ADP
fbem-29600	72	83	micro	micro	ADJ
fbem-29600	72	84	and	and	CCONJ
fbem-29600	72	85	small	small	ADJ
fbem-29600	72	86	enterprises	enterprise	NOUN
fbem-29600	72	87	,	,	PUNCT
fbem-29600	72	88	and	and	CCONJ
fbem-29600	72	89	stabilize	stabilize	VERB
fbem-29600	72	90	the	the	DET
fbem-29600	72	91	macro	macro	ADJ
fbem-29600	72	92	-	-	ADJ
fbem-29600	72	93	economic	economic	ADJ
fbem-29600	72	94	broader	broad	ADJ
fbem-29600	72	95	market	market	NOUN
fbem-29600	72	96	.	.	PUNCT
fbem-29600	73	1	2016	2016	NUM
fbem-29600	73	2	2017	2017	NUM
fbem-29600	73	3	2018	2018	NUM
fbem-29600	73	4	2019	2019	NUM
fbem-29600	73	5	2020	2020	NUM
fbem-29600	73	6	2021	2021	NUM
fbem-29600	73	7	2022	2022	NUM
fbem-29600	73	8	tax	tax	NOUN
fbem-29600	73	9	burden	burden	NOUN
fbem-29600	73	10	0.176	0.176	NUM
fbem-29600	73	11	0.174	0.174	NUM
fbem-29600	73	12	0.170	0.170	NUM
fbem-29600	73	13	0.160	0.160	NUM
fbem-29600	73	14	0.152	0.152	NUM
fbem-29600	73	15	0.150	0.150	NUM
fbem-29600	73	16	0.138	0.138	NUM
fbem-29600	73	17	gdp	gdp	NOUN
fbem-29600	73	18	growth	growth	NOUN
fbem-29600	73	19	rate	rate	NOUN
fbem-29600	73	20	0.077	0.077	NUM
fbem-29600	73	21	0.119	0.119	NUM
fbem-29600	73	22	0.106	0.106	NUM
fbem-29600	73	23	0.073	0.073	NUM
fbem-29600	73	24	0.027	0.027	NUM
fbem-29600	73	25	0.134	0.134	NUM
fbem-29600	73	26	0.053	0.053	NUM
fbem-29600	73	27	0	0	NUM
fbem-29600	73	28	0.02	0.02	NUM
fbem-29600	73	29	0.04	0.04	NUM
fbem-29600	73	30	0.06	0.06	NUM
fbem-29600	73	31	0.08	0.08	NUM
fbem-29600	73	32	0.1	0.1	NUM
fbem-29600	73	33	0.12	0.12	NUM
fbem-29600	73	34	0.14	0.14	NUM
fbem-29600	73	35	0.16	0.16	NUM
fbem-29600	73	36	0.18	0.18	NUM
fbem-29600	73	37	0.2	0.2	NUM
fbem-29600	73	38	s	s	NOUN
fbem-29600	73	39	iz	iz	NOUN
fbem-29600	73	40	e	e	NOUN
fbem-29600	73	41	o	o	NOUN
fbem-29600	73	42	f	f	X
fbem-29600	74	1	ra	ra	INTJ
fbem-29600	75	1	te	te	INTJ
fbem-29600	75	2	o	o	X
fbem-29600	75	3	f	f	PROPN
fbem-29600	75	4	ch	ch	NOUN
fbem-29600	75	5	an	an	DET
fbem-29600	75	6	g	g	NOUN
fbem-29600	75	7	e	e	PROPN
fbem-29600	75	8	2016	2016	NUM
fbem-29600	75	9	2017	2017	NUM
fbem-29600	75	10	2018	2018	NUM
fbem-29600	75	11	2019	2019	NUM
fbem-29600	75	12	2020	2020	NUM
fbem-29600	75	13	2021	2021	NUM
fbem-29600	75	14	2022	2022	NUM
fbem-29600	75	15	real	real	ADJ
fbem-29600	75	16	gdp	gdp	NOUN
fbem-29600	75	17	736036.48	736036.48	NUM
fbem-29600	75	18	787170.41	787170.41	NUM
fbem-29600	75	19	840302.63	840302.63	NUM
fbem-29600	75	20	890304.85	890304.85	NUM
fbem-29600	75	21	1013567	1013567	NUM
fbem-29600	75	22	1099197.9	1099197.9	NUM
fbem-29600	76	1	1132053.8	1132053.8	NUM
fbem-29600	76	2	600000	600000	NUM
fbem-29600	76	3	700000	700000	NUM
fbem-29600	76	4	800000	800000	NUM
fbem-29600	76	5	900000	900000	NUM
fbem-29600	76	6	1000000	1000000	NUM
fbem-29600	76	7	1100000	1100000	NUM
fbem-29600	76	8	1200000	1200000	NUM
fbem-29600	76	9	r	r	NOUN
fbem-29600	76	10	ea	ea	NOUN
fbem-29600	76	11	l	l	NOUN
fbem-29600	76	12	g	g	PROPN
fbem-29600	77	1	d	d	X
fbem-29600	77	2	p	p	PROPN
fbem-29600	77	3	115	115	NUM
fbem-29600	77	4	4.2.3	4.2.3	NUM
fbem-29600	77	5	.	.	PUNCT
fbem-29600	78	1	tax	tax	NOUN
fbem-29600	78	2	structure	structure	NOUN
fbem-29600	78	3	figure	figure	NOUN
fbem-29600	78	4	4	4	NUM
fbem-29600	78	5	.	.	NOUN
fbem-29600	78	6	proportion	proportion	NOUN
fbem-29600	78	7	of	of	ADP
fbem-29600	78	8	vat	vat	NOUN
fbem-29600	78	9	,	,	PUNCT
fbem-29600	78	10	corporate	corporate	ADJ
fbem-29600	78	11	income	income	NOUN
fbem-29600	78	12	tax	tax	NOUN
fbem-29600	78	13	and	and	CCONJ
fbem-29600	78	14	personal	personal	ADJ
fbem-29600	78	15	income	income	NOUN
fbem-29600	78	16	tax	tax	NOUN
fbem-29600	78	17	china	china	PROPN
fbem-29600	78	18	has	have	AUX
fbem-29600	78	19	promoted	promote	VERB
fbem-29600	78	20	tax	tax	NOUN
fbem-29600	78	21	and	and	CCONJ
fbem-29600	78	22	fee	fee	NOUN
fbem-29600	78	23	reduction	reduction	NOUN
fbem-29600	78	24	policies	policy	NOUN
fbem-29600	78	25	such	such	ADJ
fbem-29600	78	26	as	as	ADP
fbem-29600	78	27	vat	vat	NOUN
fbem-29600	78	28	transition	transition	NOUN
fbem-29600	78	29	reform	reform	NOUN
fbem-29600	78	30	and	and	CCONJ
fbem-29600	78	31	"	"	PUNCT
fbem-29600	78	32	camp	camp	NOUN
fbem-29600	78	33	to	to	PART
fbem-29600	78	34	increase	increase	VERB
fbem-29600	78	35	"	"	PUNCT
fbem-29600	78	36	reform	reform	NOUN
fbem-29600	78	37	in	in	ADP
fbem-29600	78	38	conjunction	conjunction	NOUN
fbem-29600	78	39	with	with	ADP
fbem-29600	78	40	the	the	DET
fbem-29600	78	41	tax	tax	NOUN
fbem-29600	78	42	reform	reform	NOUN
fbem-29600	78	43	,	,	PUNCT
fbem-29600	78	44	so	so	CCONJ
fbem-29600	78	45	tax	tax	NOUN
fbem-29600	78	46	and	and	CCONJ
fbem-29600	78	47	fee	fee	NOUN
fbem-29600	78	48	reduction	reduction	NOUN
fbem-29600	78	49	will	will	AUX
fbem-29600	78	50	have	have	VERB
fbem-29600	78	51	a	a	DET
fbem-29600	78	52	certain	certain	ADJ
fbem-29600	78	53	impact	impact	NOUN
fbem-29600	78	54	on	on	ADP
fbem-29600	78	55	the	the	DET
fbem-29600	78	56	tax	tax	NOUN
fbem-29600	78	57	structure	structure	NOUN
fbem-29600	78	58	.	.	PUNCT
fbem-29600	79	1	at	at	ADP
fbem-29600	79	2	the	the	DET
fbem-29600	79	3	same	same	ADJ
fbem-29600	79	4	time	time	NOUN
fbem-29600	79	5	,	,	PUNCT
fbem-29600	79	6	considering	consider	VERB
fbem-29600	79	7	the	the	DET
fbem-29600	79	8	tax	tax	NOUN
fbem-29600	79	9	types	type	NOUN
fbem-29600	79	10	that	that	PRON
fbem-29600	79	11	are	be	AUX
fbem-29600	79	12	emphasized	emphasize	VERB
fbem-29600	79	13	in	in	ADP
fbem-29600	79	14	tax	tax	NOUN
fbem-29600	79	15	and	and	CCONJ
fbem-29600	79	16	fee	fee	NOUN
fbem-29600	79	17	reduction	reduction	NOUN
fbem-29600	79	18	and	and	CCONJ
fbem-29600	79	19	the	the	DET
fbem-29600	79	20	tax	tax	NOUN
fbem-29600	79	21	types	type	NOUN
fbem-29600	79	22	that	that	PRON
fbem-29600	79	23	account	account	VERB
fbem-29600	79	24	for	for	ADP
fbem-29600	79	25	a	a	DET
fbem-29600	79	26	larger	large	ADJ
fbem-29600	79	27	proportion	proportion	NOUN
fbem-29600	79	28	of	of	ADP
fbem-29600	79	29	tax	tax	NOUN
fbem-29600	79	30	revenue	revenue	NOUN
fbem-29600	79	31	,	,	PUNCT
fbem-29600	79	32	this	this	DET
fbem-29600	79	33	paper	paper	NOUN
fbem-29600	79	34	lists	list	VERB
fbem-29600	79	35	the	the	DET
fbem-29600	79	36	proportion	proportion	NOUN
fbem-29600	79	37	of	of	ADP
fbem-29600	79	38	vat	vat	NOUN
fbem-29600	79	39	,	,	PUNCT
fbem-29600	79	40	eit	eit	NOUN
fbem-29600	79	41	and	and	CCONJ
fbem-29600	79	42	pit	pit	NOUN
fbem-29600	79	43	in	in	ADP
fbem-29600	79	44	the	the	DET
fbem-29600	79	45	tax	tax	NOUN
fbem-29600	79	46	revenue	revenue	NOUN
fbem-29600	79	47	,	,	PUNCT
fbem-29600	79	48	and	and	CCONJ
fbem-29600	79	49	compares	compare	VERB
fbem-29600	79	50	the	the	DET
fbem-29600	79	51	trend	trend	NOUN
fbem-29600	79	52	of	of	ADP
fbem-29600	79	53	tax	tax	NOUN
fbem-29600	79	54	revenue	revenue	NOUN
fbem-29600	79	55	together	together	ADV
fbem-29600	79	56	.	.	PUNCT
fbem-29600	80	1	the	the	DET
fbem-29600	80	2	proportion	proportion	NOUN
fbem-29600	80	3	of	of	ADP
fbem-29600	80	4	vat	vat	NOUN
fbem-29600	80	5	in	in	ADP
fbem-29600	80	6	tax	tax	NOUN
fbem-29600	80	7	revenues	revenue	NOUN
fbem-29600	80	8	rose	rise	VERB
fbem-29600	80	9	briefly	briefly	ADV
fbem-29600	80	10	after	after	ADP
fbem-29600	80	11	the	the	DET
fbem-29600	80	12	change	change	NOUN
fbem-29600	80	13	in	in	ADP
fbem-29600	80	14	tax	tax	NOUN
fbem-29600	80	15	rates	rate	NOUN
fbem-29600	80	16	,	,	PUNCT
fbem-29600	80	17	after	after	ADP
fbem-29600	80	18	which	which	PRON
fbem-29600	80	19	it	it	PRON
fbem-29600	80	20	tended	tend	VERB
fbem-29600	80	21	to	to	PART
fbem-29600	80	22	fall	fall	VERB
fbem-29600	80	23	gradually	gradually	ADV
fbem-29600	80	24	,	,	PUNCT
fbem-29600	80	25	and	and	CCONJ
fbem-29600	80	26	the	the	DET
fbem-29600	80	27	proportion	proportion	NOUN
fbem-29600	80	28	of	of	ADP
fbem-29600	80	29	eit	eit	NOUN
fbem-29600	80	30	and	and	CCONJ
fbem-29600	80	31	pit	pit	NOUN
fbem-29600	80	32	rose	rise	VERB
fbem-29600	80	33	slightly	slightly	ADV
fbem-29600	80	34	,	,	PUNCT
fbem-29600	80	35	while	while	SCONJ
fbem-29600	80	36	the	the	DET
fbem-29600	80	37	overall	overall	ADJ
fbem-29600	80	38	tax	tax	NOUN
fbem-29600	80	39	revenues	revenue	NOUN
fbem-29600	80	40	were	be	AUX
fbem-29600	80	41	still	still	ADV
fbem-29600	80	42	increasing	increase	VERB
fbem-29600	80	43	.	.	PUNCT
fbem-29600	81	1	the	the	DET
fbem-29600	81	2	value	value	NOUN
fbem-29600	81	3	-	-	PUNCT
fbem-29600	81	4	added	add	VERB
fbem-29600	81	5	tax	tax	NOUN
fbem-29600	81	6	(	(	PUNCT
fbem-29600	81	7	vat	vat	NOUN
fbem-29600	81	8	)	)	PUNCT
fbem-29600	81	9	had	have	VERB
fbem-29600	81	10	a	a	DET
fbem-29600	81	11	significant	significant	ADJ
fbem-29600	81	12	rise	rise	NOUN
fbem-29600	81	13	in	in	ADP
fbem-29600	81	14	2017	2017	NUM
fbem-29600	81	15	as	as	SCONJ
fbem-29600	81	16	some	some	PRON
fbem-29600	81	17	of	of	ADP
fbem-29600	81	18	the	the	DET
fbem-29600	81	19	businesses	business	NOUN
fbem-29600	81	20	that	that	PRON
fbem-29600	81	21	originally	originally	ADV
fbem-29600	81	22	paid	pay	VERB
fbem-29600	81	23	business	business	NOUN
fbem-29600	81	24	tax	tax	NOUN
fbem-29600	81	25	were	be	AUX
fbem-29600	81	26	converted	convert	VERB
fbem-29600	81	27	to	to	PART
fbem-29600	81	28	pay	pay	VERB
fbem-29600	81	29	vat	vat	NOUN
fbem-29600	81	30	after	after	ADP
fbem-29600	81	31	the	the	DET
fbem-29600	81	32	camp	camp	NOUN
fbem-29600	81	33	reform	reform	NOUN
fbem-29600	81	34	,	,	PUNCT
fbem-29600	81	35	but	but	CCONJ
fbem-29600	81	36	the	the	DET
fbem-29600	81	37	credit	credit	NOUN
fbem-29600	81	38	chain	chain	NOUN
fbem-29600	81	39	of	of	ADP
fbem-29600	81	40	vat	vat	NOUN
fbem-29600	81	41	was	be	AUX
fbem-29600	81	42	opened	open	VERB
fbem-29600	81	43	up	up	ADP
fbem-29600	81	44	,	,	PUNCT
fbem-29600	81	45	and	and	CCONJ
fbem-29600	81	46	at	at	ADP
fbem-29600	81	47	the	the	DET
fbem-29600	81	48	same	same	ADJ
fbem-29600	81	49	time	time	NOUN
fbem-29600	81	50	,	,	PUNCT
fbem-29600	81	51	after	after	ADP
fbem-29600	81	52	several	several	ADJ
fbem-29600	81	53	downward	downward	ADJ
fbem-29600	81	54	adjustments	adjustment	NOUN
fbem-29600	81	55	of	of	ADP
fbem-29600	81	56	the	the	DET
fbem-29600	81	57	vat	vat	NOUN
fbem-29600	81	58	rate	rate	NOUN
fbem-29600	81	59	and	and	CCONJ
fbem-29600	81	60	the	the	DET
fbem-29600	81	61	addition	addition	NOUN
fbem-29600	81	62	of	of	ADP
fbem-29600	81	63	some	some	DET
fbem-29600	81	64	tax	tax	NOUN
fbem-29600	81	65	concessions	concession	NOUN
fbem-29600	81	66	in	in	ADP
fbem-29600	81	67	the	the	DET
fbem-29600	81	68	years	year	NOUN
fbem-29600	81	69	that	that	PRON
fbem-29600	81	70	followed	follow	VERB
fbem-29600	81	71	,	,	PUNCT
fbem-29600	81	72	the	the	DET
fbem-29600	81	73	proportion	proportion	NOUN
fbem-29600	81	74	accounted	account	VERB
fbem-29600	81	75	for	for	ADP
fbem-29600	81	76	by	by	ADP
fbem-29600	81	77	vat	vat	NOUN
fbem-29600	81	78	did	do	AUX
fbem-29600	81	79	n't	not	PART
fbem-29600	81	80	continue	continue	VERB
fbem-29600	81	81	to	to	PART
fbem-29600	81	82	rise	rise	VERB
fbem-29600	81	83	,	,	PUNCT
fbem-29600	81	84	and	and	CCONJ
fbem-29600	81	85	began	begin	VERB
fbem-29600	81	86	to	to	PART
fbem-29600	81	87	gradually	gradually	ADV
fbem-29600	81	88	decline	decline	VERB
fbem-29600	81	89	.	.	PUNCT
fbem-29600	82	1	while	while	SCONJ
fbem-29600	82	2	the	the	DET
fbem-29600	82	3	corporate	corporate	ADJ
fbem-29600	82	4	income	income	NOUN
fbem-29600	82	5	tax	tax	NOUN
fbem-29600	82	6	has	have	AUX
fbem-29600	82	7	maintained	maintain	VERB
fbem-29600	82	8	a	a	DET
fbem-29600	82	9	rising	rise	VERB
fbem-29600	82	10	state	state	NOUN
fbem-29600	82	11	before	before	ADP
fbem-29600	82	12	and	and	CCONJ
fbem-29600	82	13	after	after	ADP
fbem-29600	82	14	the	the	DET
fbem-29600	82	15	epidemic	epidemic	NOUN
fbem-29600	82	16	,	,	PUNCT
fbem-29600	82	17	the	the	DET
fbem-29600	82	18	personal	personal	ADJ
fbem-29600	82	19	income	income	NOUN
fbem-29600	82	20	tax	tax	NOUN
fbem-29600	82	21	has	have	AUX
fbem-29600	82	22	implemented	implement	VERB
fbem-29600	82	23	a	a	DET
fbem-29600	82	24	comprehensive	comprehensive	ADJ
fbem-29600	82	25	and	and	CCONJ
fbem-29600	82	26	classified	classified	ADJ
fbem-29600	82	27	personal	personal	ADJ
fbem-29600	82	28	income	income	NOUN
fbem-29600	82	29	tax	tax	NOUN
fbem-29600	82	30	system	system	NOUN
fbem-29600	82	31	after	after	ADP
fbem-29600	82	32	january	january	PROPN
fbem-29600	82	33	1	1	NUM
fbem-29600	82	34	,	,	PUNCT
fbem-29600	82	35	2019	2019	NUM
fbem-29600	82	36	,	,	PUNCT
fbem-29600	82	37	optimizing	optimize	VERB
fbem-29600	82	38	the	the	DET
fbem-29600	82	39	tax	tax	NOUN
fbem-29600	82	40	rate	rate	NOUN
fbem-29600	82	41	structure	structure	NOUN
fbem-29600	82	42	,	,	PUNCT
fbem-29600	82	43	raising	raise	VERB
fbem-29600	82	44	the	the	DET
fbem-29600	82	45	standard	standard	NOUN
fbem-29600	82	46	of	of	ADP
fbem-29600	82	47	the	the	DET
fbem-29600	82	48	basic	basic	ADJ
fbem-29600	82	49	exclusion	exclusion	NOUN
fbem-29600	82	50	fee	fee	NOUN
fbem-29600	82	51	,	,	PUNCT
fbem-29600	82	52	and	and	CCONJ
fbem-29600	82	53	increasing	increase	VERB
fbem-29600	82	54	the	the	DET
fbem-29600	82	55	six	six	NUM
fbem-29600	82	56	special	special	ADJ
fbem-29600	82	57	additional	additional	ADJ
fbem-29600	82	58	deductions	deduction	NOUN
fbem-29600	82	59	,	,	PUNCT
fbem-29600	82	60	and	and	CCONJ
fbem-29600	82	61	the	the	DET
fbem-29600	82	62	proportion	proportion	NOUN
fbem-29600	82	63	of	of	ADP
fbem-29600	82	64	the	the	DET
fbem-29600	82	65	personal	personal	ADJ
fbem-29600	82	66	income	income	NOUN
fbem-29600	82	67	tax	tax	NOUN
fbem-29600	82	68	has	have	AUX
fbem-29600	82	69	declined	decline	VERB
fbem-29600	82	70	in	in	ADP
fbem-29600	82	71	2019	2019	NUM
fbem-29600	82	72	,	,	PUNCT
fbem-29600	82	73	but	but	CCONJ
fbem-29600	82	74	as	as	ADP
fbem-29600	82	75	a	a	DET
fbem-29600	82	76	whole	whole	NOUN
fbem-29600	82	77	,	,	PUNCT
fbem-29600	82	78	the	the	DET
fbem-29600	82	79	proportion	proportion	NOUN
fbem-29600	82	80	of	of	ADP
fbem-29600	82	81	the	the	DET
fbem-29600	82	82	personal	personal	ADJ
fbem-29600	82	83	income	income	NOUN
fbem-29600	82	84	tax	tax	NOUN
fbem-29600	82	85	is	be	AUX
fbem-29600	82	86	showing	show	VERB
fbem-29600	82	87	a	a	DET
fbem-29600	82	88	rising	rise	VERB
fbem-29600	82	89	trend	trend	NOUN
fbem-29600	82	90	.	.	PUNCT
fbem-29600	83	1	figure	figure	NOUN
fbem-29600	83	2	4	4	NUM
fbem-29600	83	3	reflects	reflect	VERB
fbem-29600	83	4	the	the	DET
fbem-29600	83	5	impact	impact	NOUN
fbem-29600	83	6	of	of	ADP
fbem-29600	83	7	tax	tax	NOUN
fbem-29600	83	8	cuts	cut	NOUN
fbem-29600	83	9	and	and	CCONJ
fbem-29600	83	10	fee	fee	NOUN
fbem-29600	83	11	reductions	reduction	NOUN
fbem-29600	83	12	on	on	ADP
fbem-29600	83	13	the	the	DET
fbem-29600	83	14	tax	tax	NOUN
fbem-29600	83	15	structure	structure	NOUN
fbem-29600	83	16	,	,	PUNCT
fbem-29600	83	17	with	with	ADP
fbem-29600	83	18	the	the	DET
fbem-29600	83	19	share	share	NOUN
fbem-29600	83	20	of	of	ADP
fbem-29600	83	21	vat	vat	NOUN
fbem-29600	83	22	,	,	PUNCT
fbem-29600	83	23	an	an	DET
fbem-29600	83	24	important	important	ADJ
fbem-29600	83	25	source	source	NOUN
fbem-29600	83	26	of	of	ADP
fbem-29600	83	27	tax	tax	NOUN
fbem-29600	83	28	revenue	revenue	NOUN
fbem-29600	83	29	in	in	ADP
fbem-29600	83	30	china	china	PROPN
fbem-29600	83	31	and	and	CCONJ
fbem-29600	83	32	the	the	DET
fbem-29600	83	33	tax	tax	NOUN
fbem-29600	83	34	with	with	ADP
fbem-29600	83	35	the	the	DET
fbem-29600	83	36	highest	high	ADJ
fbem-29600	83	37	proportion	proportion	NOUN
fbem-29600	83	38	of	of	ADP
fbem-29600	83	39	tax	tax	NOUN
fbem-29600	83	40	revenue	revenue	NOUN
fbem-29600	83	41	,	,	PUNCT
fbem-29600	83	42	declining	decline	VERB
fbem-29600	83	43	year	year	NOUN
fbem-29600	83	44	by	by	ADP
fbem-29600	83	45	year	year	NOUN
fbem-29600	83	46	,	,	PUNCT
fbem-29600	83	47	while	while	SCONJ
fbem-29600	83	48	the	the	DET
fbem-29600	83	49	share	share	NOUN
fbem-29600	83	50	of	of	ADP
fbem-29600	83	51	income	income	NOUN
fbem-29600	83	52	tax	tax	NOUN
fbem-29600	83	53	is	be	AUX
fbem-29600	83	54	rising	rise	VERB
fbem-29600	83	55	.	.	PUNCT
fbem-29600	84	1	direct	direct	ADJ
fbem-29600	84	2	taxes	taxis	NOUN
fbem-29600	84	3	are	be	AUX
fbem-29600	84	4	directly	directly	ADV
fbem-29600	84	5	borne	bear	VERB
fbem-29600	84	6	by	by	ADP
fbem-29600	84	7	taxpayers	taxpayer	NOUN
fbem-29600	84	8	and	and	CCONJ
fbem-29600	84	9	can	can	AUX
fbem-29600	84	10	not	not	PART
fbem-29600	84	11	be	be	AUX
fbem-29600	84	12	passed	pass	VERB
fbem-29600	84	13	on	on	ADP
fbem-29600	84	14	to	to	ADP
fbem-29600	84	15	others	other	NOUN
fbem-29600	84	16	;	;	PUNCT
fbem-29600	84	17	indirect	indirect	ADJ
fbem-29600	84	18	taxes	taxis	NOUN
fbem-29600	84	19	are	be	AUX
fbem-29600	84	20	not	not	PART
fbem-29600	84	21	consistent	consistent	ADJ
fbem-29600	84	22	between	between	ADP
fbem-29600	84	23	taxpayers	taxpayer	NOUN
fbem-29600	84	24	and	and	CCONJ
fbem-29600	84	25	taxpayers	taxpayer	NOUN
fbem-29600	84	26	who	who	PRON
fbem-29600	84	27	are	be	AUX
fbem-29600	84	28	liable	liable	ADJ
fbem-29600	84	29	for	for	ADP
fbem-29600	84	30	the	the	DET
fbem-29600	84	31	tax	tax	NOUN
fbem-29600	84	32	and	and	CCONJ
fbem-29600	84	33	can	can	AUX
fbem-29600	84	34	be	be	AUX
fbem-29600	84	35	passed	pass	VERB
fbem-29600	84	36	on	on	ADP
fbem-29600	84	37	to	to	ADP
fbem-29600	84	38	others	other	NOUN
fbem-29600	84	39	.	.	PUNCT
fbem-29600	85	1	as	as	SCONJ
fbem-29600	85	2	indirect	indirect	ADJ
fbem-29600	85	3	taxes	taxis	NOUN
fbem-29600	85	4	are	be	AUX
fbem-29600	85	5	regressive	regressive	ADJ
fbem-29600	85	6	,	,	PUNCT
fbem-29600	85	7	an	an	DET
fbem-29600	85	8	excessive	excessive	ADJ
fbem-29600	85	9	proportion	proportion	NOUN
fbem-29600	85	10	will	will	AUX
fbem-29600	85	11	affect	affect	VERB
fbem-29600	85	12	tax	tax	NOUN
fbem-29600	85	13	equity	equity	NOUN
fbem-29600	85	14	and	and	CCONJ
fbem-29600	85	15	is	be	AUX
fbem-29600	85	16	not	not	PART
fbem-29600	85	17	conducive	conducive	ADJ
fbem-29600	85	18	to	to	ADP
fbem-29600	85	19	narrowing	narrow	VERB
fbem-29600	85	20	the	the	DET
fbem-29600	85	21	gap	gap	NOUN
fbem-29600	85	22	between	between	ADP
fbem-29600	85	23	the	the	DET
fbem-29600	85	24	rich	rich	ADJ
fbem-29600	85	25	and	and	CCONJ
fbem-29600	85	26	the	the	DET
fbem-29600	85	27	poor	poor	ADJ
fbem-29600	85	28	.	.	PUNCT
fbem-29600	86	1	the	the	DET
fbem-29600	86	2	tax	tax	NOUN
fbem-29600	86	3	structure	structure	NOUN
fbem-29600	86	4	dominated	dominate	VERB
fbem-29600	86	5	by	by	ADP
fbem-29600	86	6	indirect	indirect	ADJ
fbem-29600	86	7	tax	tax	NOUN
fbem-29600	86	8	is	be	AUX
fbem-29600	86	9	not	not	PART
fbem-29600	86	10	conducive	conducive	ADJ
fbem-29600	86	11	to	to	ADP
fbem-29600	86	12	the	the	DET
fbem-29600	86	13	healthy	healthy	ADJ
fbem-29600	86	14	development	development	NOUN
fbem-29600	86	15	of	of	ADP
fbem-29600	86	16	the	the	DET
fbem-29600	86	17	economy	economy	NOUN
fbem-29600	86	18	,	,	PUNCT
fbem-29600	86	19	reducing	reduce	VERB
fbem-29600	86	20	the	the	DET
fbem-29600	86	21	proportion	proportion	NOUN
fbem-29600	86	22	of	of	ADP
fbem-29600	86	23	indirect	indirect	ADJ
fbem-29600	86	24	tax	tax	NOUN
fbem-29600	86	25	can	can	AUX
fbem-29600	86	26	make	make	VERB
fbem-29600	86	27	the	the	DET
fbem-29600	86	28	allocation	allocation	NOUN
fbem-29600	86	29	of	of	ADP
fbem-29600	86	30	resources	resource	NOUN
fbem-29600	86	31	more	more	ADV
fbem-29600	86	32	efficient	efficient	ADJ
fbem-29600	86	33	,	,	PUNCT
fbem-29600	86	34	promote	promote	VERB
fbem-29600	86	35	tax	tax	NOUN
fbem-29600	86	36	fairness	fairness	NOUN
fbem-29600	86	37	and	and	CCONJ
fbem-29600	86	38	narrow	narrow	VERB
fbem-29600	86	39	the	the	DET
fbem-29600	86	40	gap	gap	NOUN
fbem-29600	86	41	between	between	ADP
fbem-29600	86	42	the	the	DET
fbem-29600	86	43	rich	rich	ADJ
fbem-29600	86	44	and	and	CCONJ
fbem-29600	86	45	the	the	DET
fbem-29600	86	46	poor	poor	ADJ
fbem-29600	86	47	(	(	PUNCT
fbem-29600	86	48	li	li	PROPN
fbem-29600	86	49	jinglu	jinglu	PROPN
fbem-29600	86	50	et	et	PROPN
fbem-29600	86	51	al	al	PROPN
fbem-29600	86	52	.	.	PROPN
fbem-29600	86	53	,	,	PUNCT
fbem-29600	86	54	2021	2021	NUM
fbem-29600	86	55	)	)	PUNCT
fbem-29600	86	56	.	.	PUNCT
fbem-29600	87	1	compared	compare	VERB
fbem-29600	87	2	with	with	ADP
fbem-29600	87	3	other	other	ADJ
fbem-29600	87	4	developed	develop	VERB
fbem-29600	87	5	countries	country	NOUN
fbem-29600	87	6	,	,	PUNCT
fbem-29600	87	7	such	such	ADJ
fbem-29600	87	8	as	as	ADP
fbem-29600	87	9	the	the	DET
fbem-29600	87	10	united	united	ADJ
fbem-29600	87	11	kingdom	kingdom	PROPN
fbem-29600	87	12	,	,	PUNCT
fbem-29600	87	13	the	the	DET
fbem-29600	87	14	united	united	PROPN
fbem-29600	87	15	states	states	PROPN
fbem-29600	87	16	and	and	CCONJ
fbem-29600	87	17	france	france	PROPN
fbem-29600	87	18	,	,	PUNCT
fbem-29600	87	19	which	which	PRON
fbem-29600	87	20	have	have	VERB
fbem-29600	87	21	a	a	DET
fbem-29600	87	22	tax	tax	NOUN
fbem-29600	87	23	structure	structure	NOUN
fbem-29600	87	24	dominated	dominate	VERB
fbem-29600	87	25	by	by	ADP
fbem-29600	87	26	income	income	NOUN
fbem-29600	87	27	tax	tax	NOUN
fbem-29600	87	28	and	and	CCONJ
fbem-29600	87	29	supplemented	supplement	VERB
fbem-29600	87	30	by	by	ADP
fbem-29600	87	31	commodity	commodity	NOUN
fbem-29600	87	32	tax	tax	NOUN
fbem-29600	87	33	,	,	PUNCT
fbem-29600	87	34	it	it	PRON
fbem-29600	87	35	is	be	AUX
fbem-29600	87	36	of	of	ADP
fbem-29600	87	37	great	great	ADJ
fbem-29600	87	38	significance	significance	NOUN
fbem-29600	87	39	for	for	SCONJ
fbem-29600	87	40	china	china	PROPN
fbem-29600	87	41	to	to	PART
fbem-29600	87	42	push	push	VERB
fbem-29600	87	43	forward	forward	ADV
fbem-29600	87	44	the	the	DET
fbem-29600	87	45	reform	reform	NOUN
fbem-29600	87	46	of	of	ADP
fbem-29600	87	47	personal	personal	ADJ
fbem-29600	87	48	income	income	NOUN
fbem-29600	87	49	tax	tax	NOUN
fbem-29600	87	50	and	and	CCONJ
fbem-29600	87	51	value	value	NOUN
fbem-29600	87	52	-	-	PUNCT
fbem-29600	87	53	added	add	VERB
fbem-29600	87	54	tax	tax	NOUN
fbem-29600	87	55	in	in	ADP
fbem-29600	87	56	order	order	NOUN
fbem-29600	87	57	to	to	PART
fbem-29600	87	58	build	build	VERB
fbem-29600	87	59	a	a	DET
fbem-29600	87	60	modern	modern	ADJ
fbem-29600	87	61	tax	tax	NOUN
fbem-29600	87	62	system	system	NOUN
fbem-29600	87	63	.	.	PUNCT
fbem-29600	88	1	4.2.4	4.2.4	X
fbem-29600	88	2	.	.	X
fbem-29600	88	3	consumption	consumption	NOUN
fbem-29600	88	4	an	an	DET
fbem-29600	88	5	important	important	ADJ
fbem-29600	88	6	way	way	NOUN
fbem-29600	88	7	to	to	PART
fbem-29600	88	8	stimulate	stimulate	VERB
fbem-29600	88	9	demand	demand	NOUN
fbem-29600	88	10	is	be	AUX
fbem-29600	88	11	through	through	ADP
fbem-29600	88	12	influencing	influence	VERB
fbem-29600	88	13	consumption	consumption	NOUN
fbem-29600	88	14	,	,	PUNCT
fbem-29600	88	15	according	accord	VERB
fbem-29600	88	16	to	to	ADP
fbem-29600	88	17	the	the	DET
fbem-29600	88	18	curve	curve	NOUN
fbem-29600	88	19	at	at	ADP
fbem-29600	88	20	figure	figure	NOUN
fbem-29600	88	21	5	5	NUM
fbem-29600	88	22	china	china	PROPN
fbem-29600	88	23	's	's	PART
fbem-29600	88	24	consumption	consumption	NOUN
fbem-29600	88	25	level	level	NOUN
fbem-29600	88	26	is	be	AUX
fbem-29600	88	27	steadily	steadily	ADV
fbem-29600	88	28	rising	rise	VERB
fbem-29600	88	29	,	,	PUNCT
fbem-29600	88	30	and	and	CCONJ
fbem-29600	88	31	the	the	DET
fbem-29600	88	32	growth	growth	NOUN
fbem-29600	88	33	rate	rate	NOUN
fbem-29600	88	34	of	of	ADP
fbem-29600	88	35	the	the	DET
fbem-29600	88	36	consumption	consumption	NOUN
fbem-29600	88	37	level	level	NOUN
fbem-29600	88	38	slowed	slow	VERB
fbem-29600	88	39	down	down	ADP
fbem-29600	88	40	in	in	ADP
fbem-29600	88	41	the	the	DET
fbem-29600	88	42	two	two	NUM
fbem-29600	88	43	years	year	NOUN
fbem-29600	88	44	that	that	PRON
fbem-29600	88	45	were	be	AUX
fbem-29600	88	46	severely	severely	ADV
fbem-29600	88	47	affected	affect	VERB
fbem-29600	88	48	by	by	ADP
fbem-29600	88	49	the	the	DET
fbem-29600	88	50	epidemic	epidemic	NOUN
fbem-29600	88	51	,	,	PUNCT
fbem-29600	88	52	but	but	CCONJ
fbem-29600	88	53	maintained	maintain	VERB
fbem-29600	88	54	the	the	DET
fbem-29600	88	55	growth	growth	NOUN
fbem-29600	88	56	trend	trend	NOUN
fbem-29600	88	57	.	.	PUNCT
fbem-29600	89	1	china	china	PROPN
fbem-29600	89	2	's	's	PART
fbem-29600	89	3	policy	policy	NOUN
fbem-29600	89	4	of	of	ADP
fbem-29600	89	5	reducing	reduce	VERB
fbem-29600	89	6	taxes	taxis	NOUN
fbem-29600	89	7	and	and	CCONJ
fbem-29600	89	8	fees	fee	NOUN
fbem-29600	89	9	aims	aim	VERB
fbem-29600	89	10	to	to	PART
fbem-29600	89	11	achieve	achieve	VERB
fbem-29600	89	12	the	the	DET
fbem-29600	89	13	goal	goal	NOUN
fbem-29600	89	14	of	of	ADP
fbem-29600	89	15	"	"	PUNCT
fbem-29600	89	16	adjusting	adjust	VERB
fbem-29600	89	17	the	the	DET
fbem-29600	89	18	high	high	NOUN
fbem-29600	89	19	,	,	PUNCT
fbem-29600	89	20	expanding	expand	VERB
fbem-29600	89	21	the	the	DET
fbem-29600	89	22	middle	middle	NOUN
fbem-29600	89	23	,	,	PUNCT
fbem-29600	89	24	and	and	CCONJ
fbem-29600	89	25	raising	raise	VERB
fbem-29600	89	26	the	the	DET
fbem-29600	89	27	low	low	ADJ
fbem-29600	89	28	"	"	PUNCT
fbem-29600	89	29	,	,	PUNCT
fbem-29600	89	30	so	so	SCONJ
fbem-29600	89	31	as	as	SCONJ
fbem-29600	89	32	to	to	PART
fbem-29600	89	33	further	far	ADV
fbem-29600	89	34	optimize	optimize	VERB
fbem-29600	89	35	the	the	DET
fbem-29600	89	36	distribution	distribution	NOUN
fbem-29600	89	37	structure	structure	NOUN
fbem-29600	89	38	.	.	PUNCT
fbem-29600	90	1	for	for	ADP
fbem-29600	90	2	the	the	DET
fbem-29600	90	3	low	low	ADJ
fbem-29600	90	4	-	-	PUNCT
fbem-29600	90	5	income	income	NOUN
fbem-29600	90	6	group	group	NOUN
fbem-29600	90	7	,	,	PUNCT
fbem-29600	90	8	the	the	DET
fbem-29600	90	9	increase	increase	NOUN
fbem-29600	90	10	in	in	ADP
fbem-29600	90	11	the	the	DET
fbem-29600	90	12	exemption	exemption	NOUN
fbem-29600	90	13	amount	amount	NOUN
fbem-29600	90	14	and	and	CCONJ
fbem-29600	90	15	the	the	DET
fbem-29600	90	16	increase	increase	NOUN
fbem-29600	90	17	in	in	ADP
fbem-29600	90	18	special	special	ADJ
fbem-29600	90	19	deductions	deduction	NOUN
fbem-29600	90	20	take	take	VERB
fbem-29600	90	21	into	into	ADP
fbem-29600	90	22	account	account	NOUN
fbem-29600	90	23	their	their	PRON
fbem-29600	90	24	living	live	VERB
fbem-29600	90	25	burdens	burden	NOUN
fbem-29600	90	26	and	and	CCONJ
fbem-29600	90	27	help	help	VERB
fbem-29600	90	28	to	to	PART
fbem-29600	90	29	promote	promote	VERB
fbem-29600	90	30	the	the	DET
fbem-29600	90	31	upward	upward	ADJ
fbem-29600	90	32	mobility	mobility	NOUN
fbem-29600	90	33	of	of	ADP
fbem-29600	90	34	low	low	ADJ
fbem-29600	90	35	-	-	PUNCT
fbem-29600	90	36	income	income	NOUN
fbem-29600	90	37	earners	earner	NOUN
fbem-29600	90	38	.	.	PUNCT
fbem-29600	91	1	for	for	ADP
fbem-29600	91	2	the	the	DET
fbem-29600	91	3	middle	middle	ADJ
fbem-29600	91	4	-	-	PUNCT
fbem-29600	91	5	income	income	NOUN
fbem-29600	91	6	group	group	NOUN
fbem-29600	91	7	,	,	PUNCT
fbem-29600	91	8	the	the	DET
fbem-29600	91	9	reform	reform	NOUN
fbem-29600	91	10	of	of	ADP
fbem-29600	91	11	comprehensive	comprehensive	ADJ
fbem-29600	91	12	income	income	NOUN
fbem-29600	91	13	tax	tax	NOUN
fbem-29600	91	14	is	be	AUX
fbem-29600	91	15	conducive	conducive	ADJ
fbem-29600	91	16	to	to	ADP
fbem-29600	91	17	raising	raise	VERB
fbem-29600	91	18	the	the	DET
fbem-29600	91	19	actual	actual	ADJ
fbem-29600	91	20	income	income	NOUN
fbem-29600	91	21	level	level	NOUN
fbem-29600	91	22	of	of	ADP
fbem-29600	91	23	taxpayers	taxpayer	NOUN
fbem-29600	91	24	,	,	PUNCT
fbem-29600	91	25	lowering	lower	VERB
fbem-29600	91	26	the	the	DET
fbem-29600	91	27	actual	actual	ADJ
fbem-29600	91	28	tax	tax	NOUN
fbem-29600	91	29	burden	burden	NOUN
fbem-29600	91	30	of	of	ADP
fbem-29600	91	31	the	the	DET
fbem-29600	91	32	salaried	salaried	ADJ
fbem-29600	91	33	class	class	NOUN
fbem-29600	91	34	,	,	PUNCT
fbem-29600	91	35	and	and	CCONJ
fbem-29600	91	36	promoting	promote	VERB
fbem-29600	91	37	tax	tax	NOUN
fbem-29600	91	38	fairness	fairness	NOUN
fbem-29600	91	39	,	,	PUNCT
fbem-29600	91	40	thus	thus	ADV
fbem-29600	91	41	laying	lay	VERB
fbem-29600	91	42	the	the	DET
fbem-29600	91	43	foundation	foundation	NOUN
fbem-29600	91	44	for	for	ADP
fbem-29600	91	45	"	"	PUNCT
fbem-29600	91	46	expanding	expand	VERB
fbem-29600	91	47	the	the	DET
fbem-29600	91	48	middle	middle	NOUN
fbem-29600	91	49	"	"	PUNCT
fbem-29600	91	50	.	.	PUNCT
fbem-29600	92	1	it	it	PRON
fbem-29600	92	2	is	be	AUX
fbem-29600	92	3	only	only	ADV
fbem-29600	92	4	by	by	ADP
fbem-29600	92	5	regulating	regulate	VERB
fbem-29600	92	6	income	income	NOUN
fbem-29600	92	7	distribution	distribution	NOUN
fbem-29600	92	8	that	that	SCONJ
fbem-29600	92	9	the	the	DET
fbem-29600	92	10	overall	overall	ADJ
fbem-29600	92	11	marginal	marginal	ADJ
fbem-29600	92	12	consumption	consumption	NOUN
fbem-29600	92	13	of	of	ADP
fbem-29600	92	14	society	society	NOUN
fbem-29600	92	15	can	can	AUX
fbem-29600	92	16	be	be	AUX
fbem-29600	92	17	raised	raise	VERB
fbem-29600	92	18	.	.	PUNCT
fbem-29600	93	1	201	201	NUM
fbem-29600	93	2	6	6	NUM
fbem-29600	93	3	201	201	NUM
fbem-29600	93	4	7	7	NUM
fbem-29600	93	5	201	201	NUM
fbem-29600	93	6	8	8	NUM
fbem-29600	93	7	201	201	NUM
fbem-29600	93	8	9	9	NUM
fbem-29600	93	9	202	202	NUM
fbem-29600	93	10	0	0	NUM
fbem-29600	93	11	202	202	NUM
fbem-29600	93	12	1	1	NUM
fbem-29600	93	13	202	202	NUM
fbem-29600	93	14	2	2	NUM
fbem-29600	93	15	vat	vat	NOUN
fbem-29600	93	16	percentage	percentage	NOUN
fbem-29600	93	17	0.312	0.312	NUM
fbem-29600	93	18	0.391	0.391	NUM
fbem-29600	93	19	0.393	0.393	NUM
fbem-29600	93	20	0.395	0.395	NUM
fbem-29600	93	21	0.368	0.368	NUM
fbem-29600	93	22	0.368	0.368	NUM
fbem-29600	93	23	0.292	0.292	NUM
fbem-29600	93	24	corporate	corporate	ADJ
fbem-29600	93	25	income	income	NOUN
fbem-29600	93	26	tax	tax	NOUN
fbem-29600	93	27	rate	rate	NOUN
fbem-29600	93	28	0.221	0.221	NUM
fbem-29600	93	29	0.222	0.222	NUM
fbem-29600	93	30	0.226	0.226	NUM
fbem-29600	93	31	0.236	0.236	NUM
fbem-29600	93	32	0.236	0.236	NUM
fbem-29600	93	33	0.243	0.243	NUM
fbem-29600	93	34	0.262	0.262	NUM
fbem-29600	93	35	individual	individual	ADJ
fbem-29600	93	36	income	income	NOUN
fbem-29600	93	37	tax	tax	NOUN
fbem-29600	93	38	rate	rate	NOUN
fbem-29600	93	39	0.077	0.077	NUM
fbem-29600	93	40	0.083	0.083	NUM
fbem-29600	93	41	0.089	0.089	NUM
fbem-29600	93	42	0.066	0.066	NUM
fbem-29600	93	43	0.075	0.075	NUM
fbem-29600	93	44	0.081	0.081	NUM
fbem-29600	93	45	0.090	0.090	NUM
fbem-29600	93	46	tax	tax	NOUN
fbem-29600	93	47	revenue	revenue	NOUN
fbem-29600	93	48	13.036	13.036	NUM
fbem-29600	93	49	14.437	14.437	NUM
fbem-29600	93	50	15.640	15.640	NUM
fbem-29600	93	51	15.800	15.800	NUM
fbem-29600	93	52	15.431	15.431	NUM
fbem-29600	93	53	17.274	17.274	NUM
fbem-29600	93	54	16.661	16.661	NUM
fbem-29600	93	55	12.000	12.000	NUM
fbem-29600	93	56	13.000	13.000	NUM
fbem-29600	93	57	14.000	14.000	NUM
fbem-29600	93	58	15.000	15.000	NUM
fbem-29600	93	59	16.000	16.000	NUM
fbem-29600	93	60	17.000	17.000	NUM
fbem-29600	93	61	18.000	18.000	NUM
fbem-29600	93	62	0.000	0.000	NUM
fbem-29600	93	63	0.050	0.050	NUM
fbem-29600	93	64	0.100	0.100	NUM
fbem-29600	93	65	0.150	0.150	NUM
fbem-29600	93	66	0.200	0.200	NUM
fbem-29600	93	67	0.250	0.250	NUM
fbem-29600	93	68	0.300	0.300	NUM
fbem-29600	93	69	0.350	0.350	NUM
fbem-29600	93	70	0.400	0.400	NUM
fbem-29600	93	71	0.450	0.450	NUM
fbem-29600	93	72	ta	ta	ADP
fbem-29600	93	73	x	x	SYM
fbem-29600	93	74	r	r	NOUN
fbem-29600	93	75	ev	ev	X
fbem-29600	93	76	en	en	X
fbem-29600	93	77	u	u	PROPN
fbem-29600	93	78	e	e	X
fbem-29600	93	79	p	p	NOUN
fbem-29600	93	80	ro	ro	PROPN
fbem-29600	94	1	p	p	X
fbem-29600	94	2	o	o	X
fbem-29600	94	3	rt	rt	PROPN
fbem-29600	94	4	io	io	PROPN
fbem-29600	94	5	n	n	PROPN
fbem-29600	94	6	s	s	PROPN
fbem-29600	94	7	116	116	NUM
fbem-29600	94	8	figure	figure	NOUN
fbem-29600	94	9	5	5	NUM
fbem-29600	94	10	.	.	PUNCT
fbem-29600	94	11	consumption	consumption	NOUN
fbem-29600	94	12	level	level	NOUN
fbem-29600	94	13	of	of	ADP
fbem-29600	94	14	the	the	DET
fbem-29600	94	15	population	population	NOUN
fbem-29600	94	16	in	in	ADP
fbem-29600	94	17	addition	addition	NOUN
fbem-29600	94	18	to	to	ADP
fbem-29600	94	19	this	this	PRON
fbem-29600	94	20	,	,	PUNCT
fbem-29600	94	21	the	the	DET
fbem-29600	94	22	consumer	consumer	NOUN
fbem-29600	94	23	sentiment	sentiment	NOUN
fbem-29600	94	24	index	index	NOUN
fbem-29600	94	25	is	be	AUX
fbem-29600	94	26	also	also	ADV
fbem-29600	94	27	an	an	DET
fbem-29600	94	28	important	important	ADJ
fbem-29600	94	29	reference	reference	NOUN
fbem-29600	94	30	indicator	indicator	NOUN
fbem-29600	94	31	that	that	PRON
fbem-29600	94	32	can	can	AUX
fbem-29600	94	33	reflect	reflect	VERB
fbem-29600	94	34	the	the	DET
fbem-29600	94	35	impact	impact	NOUN
fbem-29600	94	36	of	of	ADP
fbem-29600	94	37	the	the	DET
fbem-29600	94	38	consumption	consumption	NOUN
fbem-29600	94	39	level	level	NOUN
fbem-29600	94	40	,	,	PUNCT
fbem-29600	94	41	which	which	PRON
fbem-29600	94	42	can	can	AUX
fbem-29600	94	43	reflect	reflect	VERB
fbem-29600	94	44	the	the	DET
fbem-29600	94	45	consumer	consumer	NOUN
fbem-29600	94	46	's	's	PART
fbem-29600	94	47	expectations	expectation	NOUN
fbem-29600	94	48	of	of	ADP
fbem-29600	94	49	the	the	DET
fbem-29600	94	50	economy	economy	NOUN
fbem-29600	94	51	,	,	PUNCT
fbem-29600	94	52	if	if	SCONJ
fbem-29600	94	53	consumers	consumer	NOUN
fbem-29600	94	54	are	be	AUX
fbem-29600	94	55	optimistic	optimistic	ADJ
fbem-29600	94	56	about	about	ADP
fbem-29600	94	57	the	the	DET
fbem-29600	94	58	future	future	NOUN
fbem-29600	94	59	,	,	PUNCT
fbem-29600	94	60	they	they	PRON
fbem-29600	94	61	will	will	AUX
fbem-29600	94	62	be	be	AUX
fbem-29600	94	63	more	more	ADV
fbem-29600	94	64	willing	willing	ADJ
fbem-29600	94	65	to	to	PART
fbem-29600	94	66	spend	spend	VERB
fbem-29600	94	67	money	money	NOUN
fbem-29600	94	68	on	on	ADP
fbem-29600	94	69	consumption	consumption	NOUN
fbem-29600	94	70	,	,	PUNCT
fbem-29600	94	71	especially	especially	ADV
fbem-29600	94	72	on	on	ADP
fbem-29600	94	73	durable	durable	ADJ
fbem-29600	94	74	goods	good	NOUN
fbem-29600	94	75	,	,	PUNCT
fbem-29600	94	76	which	which	PRON
fbem-29600	94	77	will	will	AUX
fbem-29600	94	78	increase	increase	VERB
fbem-29600	94	79	aggregate	aggregate	ADJ
fbem-29600	94	80	demand	demand	NOUN
fbem-29600	94	81	and	and	CCONJ
fbem-29600	94	82	thus	thus	ADV
fbem-29600	94	83	stimulate	stimulate	VERB
fbem-29600	94	84	the	the	DET
fbem-29600	94	85	economy	economy	NOUN
fbem-29600	94	86	.	.	PUNCT
fbem-29600	95	1	from	from	ADP
fbem-29600	95	2	figure	figure	NOUN
fbem-29600	95	3	6	6	NUM
fbem-29600	95	4	it	it	PRON
fbem-29600	95	5	can	can	AUX
fbem-29600	95	6	be	be	AUX
fbem-29600	95	7	seen	see	VERB
fbem-29600	95	8	that	that	SCONJ
fbem-29600	95	9	the	the	DET
fbem-29600	95	10	general	general	ADJ
fbem-29600	95	11	trends	trend	NOUN
fbem-29600	95	12	of	of	ADP
fbem-29600	95	13	the	the	DET
fbem-29600	95	14	consumer	consumer	NOUN
fbem-29600	95	15	expectations	expectation	NOUN
fbem-29600	95	16	index	index	NOUN
fbem-29600	95	17	,	,	PUNCT
fbem-29600	95	18	the	the	DET
fbem-29600	95	19	consumer	consumer	NOUN
fbem-29600	95	20	satisfaction	satisfaction	NOUN
fbem-29600	95	21	index	index	NOUN
fbem-29600	95	22	and	and	CCONJ
fbem-29600	95	23	the	the	DET
fbem-29600	95	24	consumer	consumer	NOUN
fbem-29600	95	25	confidence	confidence	NOUN
fbem-29600	95	26	index	index	NOUN
fbem-29600	95	27	are	be	AUX
fbem-29600	95	28	highly	highly	ADV
fbem-29600	95	29	consistent	consistent	ADJ
fbem-29600	95	30	with	with	ADP
fbem-29600	95	31	each	each	DET
fbem-29600	95	32	other	other	ADJ
fbem-29600	95	33	,	,	PUNCT
fbem-29600	95	34	at	at	ADP
fbem-29600	95	35	the	the	DET
fbem-29600	95	36	beginning	beginning	NOUN
fbem-29600	95	37	of	of	ADP
fbem-29600	95	38	the	the	DET
fbem-29600	95	39	year	year	NOUN
fbem-29600	95	40	2016	2016	NUM
fbem-29600	95	41	,	,	PUNCT
fbem-29600	95	42	the	the	DET
fbem-29600	95	43	indexes	index	NOUN
fbem-29600	95	44	declined	decline	VERB
fbem-29600	95	45	due	due	ADP
fbem-29600	95	46	to	to	ADP
fbem-29600	95	47	the	the	DET
fbem-29600	95	48	lack	lack	NOUN
fbem-29600	95	49	of	of	ADP
fbem-29600	95	50	momentum	momentum	NOUN
fbem-29600	95	51	in	in	ADP
fbem-29600	95	52	the	the	DET
fbem-29600	95	53	economy	economy	NOUN
fbem-29600	95	54	,	,	PUNCT
fbem-29600	95	55	but	but	CCONJ
fbem-29600	95	56	then	then	ADV
fbem-29600	95	57	they	they	PRON
fbem-29600	95	58	started	start	VERB
fbem-29600	95	59	to	to	PART
fbem-29600	95	60	rise	rise	VERB
fbem-29600	95	61	steadily	steadily	ADV
fbem-29600	95	62	.	.	PUNCT
fbem-29600	96	1	the	the	DET
fbem-29600	96	2	index	index	NOUN
fbem-29600	96	3	declined	decline	VERB
fbem-29600	96	4	around	around	ADP
fbem-29600	96	5	october	october	PROPN
fbem-29600	96	6	2018	2018	NUM
fbem-29600	96	7	and	and	CCONJ
fbem-29600	96	8	then	then	ADV
fbem-29600	96	9	slowly	slowly	ADV
fbem-29600	96	10	rebounded	rebound	VERB
fbem-29600	96	11	.	.	PUNCT
fbem-29600	97	1	on	on	ADP
fbem-29600	97	2	august	august	PROPN
fbem-29600	97	3	31	31	NUM
fbem-29600	97	4	,	,	PUNCT
fbem-29600	97	5	2018	2018	NUM
fbem-29600	97	6	the	the	DET
fbem-29600	97	7	fifth	fifth	ADJ
fbem-29600	97	8	meeting	meeting	NOUN
fbem-29600	97	9	of	of	ADP
fbem-29600	97	10	the	the	DET
fbem-29600	97	11	standing	standing	PROPN
fbem-29600	97	12	committee	committee	PROPN
fbem-29600	97	13	of	of	ADP
fbem-29600	97	14	the	the	DET
fbem-29600	97	15	thirteenth	thirteenth	ADJ
fbem-29600	97	16	national	national	PROPN
fbem-29600	97	17	people	people	NOUN
fbem-29600	97	18	's	's	PART
fbem-29600	97	19	congress	congress	PROPN
fbem-29600	97	20	adopted	adopt	VERB
fbem-29600	97	21	the	the	DET
fbem-29600	97	22	decision	decision	NOUN
fbem-29600	97	23	on	on	ADP
fbem-29600	97	24	amending	amend	VERB
fbem-29600	97	25	the	the	DET
fbem-29600	97	26	individual	individual	ADJ
fbem-29600	97	27	income	income	NOUN
fbem-29600	97	28	tax	tax	NOUN
fbem-29600	97	29	law	law	NOUN
fbem-29600	97	30	of	of	ADP
fbem-29600	97	31	the	the	DET
fbem-29600	97	32	people	people	NOUN
fbem-29600	97	33	's	's	PART
fbem-29600	97	34	republic	republic	NOUN
fbem-29600	97	35	of	of	ADP
fbem-29600	97	36	china	china	PROPN
fbem-29600	97	37	.	.	PUNCT
fbem-29600	98	1	in	in	ADP
fbem-29600	98	2	the	the	DET
fbem-29600	98	3	same	same	ADJ
fbem-29600	98	4	year	year	NOUN
fbem-29600	98	5	,	,	PUNCT
fbem-29600	98	6	it	it	PRON
fbem-29600	98	7	was	be	AUX
fbem-29600	98	8	announced	announce	VERB
fbem-29600	98	9	that	that	SCONJ
fbem-29600	98	10	since	since	SCONJ
fbem-29600	98	11	january	january	PROPN
fbem-29600	98	12	1	1	NUM
fbem-29600	98	13	,	,	PUNCT
fbem-29600	98	14	2019	2019	NUM
fbem-29600	98	15	,	,	PUNCT
fbem-29600	98	16	the	the	DET
fbem-29600	98	17	tax	tax	NOUN
fbem-29600	98	18	department	department	NOUN
fbem-29600	98	19	will	will	AUX
fbem-29600	98	20	unify	unify	VERB
fbem-29600	98	21	the	the	DET
fbem-29600	98	22	collection	collection	NOUN
fbem-29600	98	23	of	of	ADP
fbem-29600	98	24	all	all	DET
fbem-29600	98	25	social	social	ADJ
fbem-29600	98	26	insurance	insurance	NOUN
fbem-29600	98	27	premiums	premium	NOUN
fbem-29600	98	28	and	and	CCONJ
fbem-29600	98	29	non	non	ADJ
fbem-29600	98	30	-	-	ADJ
fbem-29600	98	31	tax	tax	ADJ
fbem-29600	98	32	revenues	revenue	NOUN
fbem-29600	98	33	transferred	transfer	VERB
fbem-29600	98	34	first	first	ADV
fbem-29600	98	35	.	.	PUNCT
fbem-29600	99	1	there	there	PRON
fbem-29600	99	2	are	be	VERB
fbem-29600	99	3	concerns	concern	NOUN
fbem-29600	99	4	about	about	ADP
fbem-29600	99	5	the	the	DET
fbem-29600	99	6	increase	increase	NOUN
fbem-29600	99	7	in	in	ADP
fbem-29600	99	8	the	the	DET
fbem-29600	99	9	tax	tax	NOUN
fbem-29600	99	10	burden	burden	NOUN
fbem-29600	99	11	of	of	ADP
fbem-29600	99	12	enterprises	enterprise	NOUN
fbem-29600	99	13	and	and	CCONJ
fbem-29600	99	14	consumers	consumer	NOUN
fbem-29600	99	15	,	,	PUNCT
fbem-29600	99	16	and	and	CCONJ
fbem-29600	99	17	the	the	DET
fbem-29600	99	18	state	state	PROPN
fbem-29600	99	19	council	council	PROPN
fbem-29600	99	20	held	hold	VERB
fbem-29600	99	21	a	a	DET
fbem-29600	99	22	meeting	meeting	NOUN
fbem-29600	99	23	to	to	PART
fbem-29600	99	24	emphasize	emphasize	VERB
fbem-29600	99	25	that	that	SCONJ
fbem-29600	99	26	regulating	regulate	VERB
fbem-29600	99	27	social	social	ADJ
fbem-29600	99	28	security	security	NOUN
fbem-29600	99	29	levies	levy	NOUN
fbem-29600	99	30	and	and	CCONJ
fbem-29600	99	31	reducing	reduce	VERB
fbem-29600	99	32	the	the	DET
fbem-29600	99	33	burden	burden	NOUN
fbem-29600	99	34	of	of	ADP
fbem-29600	99	35	enterprises	enterprise	NOUN
fbem-29600	99	36	do	do	AUX
fbem-29600	99	37	not	not	PART
fbem-29600	99	38	go	go	VERB
fbem-29600	99	39	against	against	ADP
fbem-29600	99	40	each	each	DET
fbem-29600	99	41	other	other	ADJ
fbem-29600	99	42	in	in	ADP
fbem-29600	99	43	order	order	NOUN
fbem-29600	99	44	to	to	PART
fbem-29600	99	45	alleviate	alleviate	VERB
fbem-29600	99	46	such	such	ADJ
fbem-29600	99	47	concerns	concern	NOUN
fbem-29600	99	48	.	.	PUNCT
fbem-29600	100	1	meanwhile	meanwhile	ADV
fbem-29600	100	2	,	,	PUNCT
fbem-29600	100	3	the	the	DET
fbem-29600	100	4	ministry	ministry	PROPN
fbem-29600	100	5	of	of	ADP
fbem-29600	100	6	human	human	ADJ
fbem-29600	100	7	resources	resource	NOUN
fbem-29600	100	8	and	and	CCONJ
fbem-29600	100	9	social	social	ADJ
fbem-29600	100	10	security	security	NOUN
fbem-29600	100	11	,	,	PUNCT
fbem-29600	100	12	the	the	DET
fbem-29600	100	13	state	state	NOUN
fbem-29600	100	14	administration	administration	NOUN
fbem-29600	100	15	of	of	ADP
fbem-29600	100	16	taxation	taxation	NOUN
fbem-29600	100	17	and	and	CCONJ
fbem-29600	100	18	other	other	ADJ
fbem-29600	100	19	relevant	relevant	ADJ
fbem-29600	100	20	officials	official	NOUN
fbem-29600	100	21	of	of	ADP
fbem-29600	100	22	the	the	DET
fbem-29600	100	23	four	four	NUM
fbem-29600	100	24	departments	department	NOUN
fbem-29600	100	25	held	hold	VERB
fbem-29600	100	26	a	a	DET
fbem-29600	100	27	conference	conference	NOUN
fbem-29600	100	28	to	to	PART
fbem-29600	100	29	say	say	VERB
fbem-29600	100	30	that	that	SCONJ
fbem-29600	100	31	they	they	PRON
fbem-29600	100	32	will	will	AUX
fbem-29600	100	33	grasp	grasp	VERB
fbem-29600	100	34	the	the	DET
fbem-29600	100	35	opportunity	opportunity	NOUN
fbem-29600	100	36	to	to	PART
fbem-29600	100	37	study	study	VERB
fbem-29600	100	38	policy	policy	NOUN
fbem-29600	100	39	measures	measure	NOUN
fbem-29600	100	40	to	to	PART
fbem-29600	100	41	appropriately	appropriately	ADV
fbem-29600	100	42	reduce	reduce	VERB
fbem-29600	100	43	the	the	DET
fbem-29600	100	44	social	social	ADJ
fbem-29600	100	45	security	security	NOUN
fbem-29600	100	46	fee	fee	NOUN
fbem-29600	100	47	rate	rate	NOUN
fbem-29600	100	48	and	and	CCONJ
fbem-29600	100	49	ensure	ensure	VERB
fbem-29600	100	50	that	that	SCONJ
fbem-29600	100	51	the	the	DET
fbem-29600	100	52	overall	overall	ADJ
fbem-29600	100	53	burden	burden	NOUN
fbem-29600	100	54	on	on	ADP
fbem-29600	100	55	enterprises	enterprise	NOUN
fbem-29600	100	56	does	do	AUX
fbem-29600	100	57	not	not	PART
fbem-29600	100	58	increase	increase	VERB
fbem-29600	100	59	.	.	PUNCT
fbem-29600	101	1	on	on	ADP
fbem-29600	101	2	december	december	PROPN
fbem-29600	101	3	13	13	NUM
fbem-29600	101	4	,	,	PUNCT
fbem-29600	101	5	2018	2018	NUM
fbem-29600	101	6	,	,	PUNCT
fbem-29600	101	7	the	the	DET
fbem-29600	101	8	state	state	PROPN
fbem-29600	101	9	council	council	PROPN
fbem-29600	101	10	issued	issue	VERB
fbem-29600	101	11	the	the	DET
fbem-29600	101	12	interim	interim	ADJ
fbem-29600	101	13	measures	measure	NOUN
fbem-29600	101	14	for	for	ADP
fbem-29600	101	15	special	special	ADJ
fbem-29600	101	16	deductions	deduction	NOUN
fbem-29600	101	17	for	for	ADP
fbem-29600	101	18	individual	individual	ADJ
fbem-29600	101	19	income	income	NOUN
fbem-29600	101	20	tax	tax	NOUN
fbem-29600	101	21	,	,	PUNCT
fbem-29600	101	22	fine	fine	ADV
fbem-29600	101	23	-	-	PUNCT
fbem-29600	101	24	tuning	tune	VERB
fbem-29600	101	25	the	the	DET
fbem-29600	101	26	rules	rule	NOUN
fbem-29600	101	27	for	for	ADP
fbem-29600	101	28	six	six	NUM
fbem-29600	101	29	special	special	ADJ
fbem-29600	101	30	additional	additional	ADJ
fbem-29600	101	31	deductions	deduction	NOUN
fbem-29600	101	32	for	for	ADP
fbem-29600	101	33	children	child	NOUN
fbem-29600	101	34	's	's	PART
fbem-29600	101	35	education	education	NOUN
fbem-29600	101	36	,	,	PUNCT
fbem-29600	101	37	continuing	continue	VERB
fbem-29600	101	38	education	education	NOUN
fbem-29600	101	39	,	,	PUNCT
fbem-29600	101	40	medical	medical	ADJ
fbem-29600	101	41	treatment	treatment	NOUN
fbem-29600	101	42	for	for	ADP
fbem-29600	101	43	serious	serious	ADJ
fbem-29600	101	44	illnesses	illness	NOUN
fbem-29600	101	45	,	,	PUNCT
fbem-29600	101	46	interest	interest	NOUN
fbem-29600	101	47	on	on	ADP
fbem-29600	101	48	housing	housing	NOUN
fbem-29600	101	49	loans	loan	NOUN
fbem-29600	101	50	or	or	CCONJ
fbem-29600	101	51	housing	housing	NOUN
fbem-29600	101	52	rents	rent	NOUN
fbem-29600	101	53	,	,	PUNCT
fbem-29600	101	54	and	and	CCONJ
fbem-29600	101	55	alimony	alimony	NOUN
fbem-29600	101	56	to	to	ADP
fbem-29600	101	57	the	the	DET
fbem-29600	101	58	elderly	elderly	ADJ
fbem-29600	101	59	as	as	SCONJ
fbem-29600	101	60	stipulated	stipulate	VERB
fbem-29600	101	61	by	by	ADP
fbem-29600	101	62	the	the	DET
fbem-29600	101	63	individual	individual	ADJ
fbem-29600	101	64	income	income	NOUN
fbem-29600	101	65	tax	tax	NOUN
fbem-29600	101	66	law	law	NOUN
fbem-29600	101	67	,	,	PUNCT
fbem-29600	101	68	and	and	CCONJ
fbem-29600	101	69	at	at	ADP
fbem-29600	101	70	the	the	DET
fbem-29600	101	71	same	same	ADJ
fbem-29600	101	72	time	time	NOUN
fbem-29600	101	73	,	,	PUNCT
fbem-29600	101	74	increasing	increase	VERB
fbem-29600	101	75	the	the	DET
fbem-29600	101	76	individual	individual	ADJ
fbem-29600	101	77	income	income	NOUN
fbem-29600	101	78	tax	tax	NOUN
fbem-29600	101	79	collection	collection	NOUN
fbem-29600	101	80	and	and	CCONJ
fbem-29600	101	81	management	management	NOUN
fbem-29600	101	82	,	,	PUNCT
fbem-29600	101	83	adjusted	adjust	VERB
fbem-29600	101	84	the	the	DET
fbem-29600	101	85	declaration	declaration	NOUN
fbem-29600	101	86	method	method	NOUN
fbem-29600	101	87	,	,	PUNCT
fbem-29600	101	88	and	and	CCONJ
fbem-29600	101	89	added	add	VERB
fbem-29600	101	90	the	the	DET
fbem-29600	101	91	way	way	NOUN
fbem-29600	101	92	to	to	PART
fbem-29600	101	93	fill	fill	VERB
fbem-29600	101	94	in	in	ADP
fbem-29600	101	95	the	the	DET
fbem-29600	101	96	report	report	NOUN
fbem-29600	101	97	with	with	ADP
fbem-29600	101	98	software	software	NOUN
fbem-29600	101	99	on	on	ADP
fbem-29600	101	100	the	the	DET
fbem-29600	101	101	cell	cell	NOUN
fbem-29600	101	102	phone	phone	NOUN
fbem-29600	101	103	.	.	PUNCT
fbem-29600	102	1	in	in	ADP
fbem-29600	102	2	terms	term	NOUN
fbem-29600	102	3	of	of	ADP
fbem-29600	102	4	changes	change	NOUN
fbem-29600	102	5	in	in	ADP
fbem-29600	102	6	the	the	DET
fbem-29600	102	7	index	index	NOUN
fbem-29600	102	8	,	,	PUNCT
fbem-29600	102	9	in	in	ADP
fbem-29600	102	10	the	the	DET
fbem-29600	102	11	weak	weak	ADJ
fbem-29600	102	12	economic	economic	ADJ
fbem-29600	102	13	environment	environment	NOUN
fbem-29600	102	14	,	,	PUNCT
fbem-29600	102	15	the	the	DET
fbem-29600	102	16	introduction	introduction	NOUN
fbem-29600	102	17	of	of	ADP
fbem-29600	102	18	a	a	DET
fbem-29600	102	19	series	series	NOUN
fbem-29600	102	20	of	of	ADP
fbem-29600	102	21	policies	policy	NOUN
fbem-29600	102	22	such	such	ADJ
fbem-29600	102	23	as	as	ADP
fbem-29600	102	24	tax	tax	NOUN
fbem-29600	102	25	cuts	cut	NOUN
fbem-29600	102	26	and	and	CCONJ
fbem-29600	102	27	fee	fee	NOUN
fbem-29600	102	28	reductions	reduction	NOUN
fbem-29600	102	29	has	have	AUX
fbem-29600	102	30	overall	overall	ADV
fbem-29600	102	31	ensured	ensure	VERB
fbem-29600	102	32	the	the	DET
fbem-29600	102	33	stability	stability	NOUN
fbem-29600	102	34	of	of	ADP
fbem-29600	102	35	the	the	DET
fbem-29600	102	36	consumer	consumer	NOUN
fbem-29600	102	37	sentiment	sentiment	NOUN
fbem-29600	102	38	index	index	NOUN
fbem-29600	102	39	,	,	PUNCT
fbem-29600	102	40	which	which	PRON
fbem-29600	102	41	has	have	AUX
fbem-29600	102	42	basically	basically	ADV
fbem-29600	102	43	remained	remain	VERB
fbem-29600	102	44	stable	stable	ADJ
fbem-29600	102	45	in	in	ADP
fbem-29600	102	46	the	the	DET
fbem-29600	102	47	remaining	remain	VERB
fbem-29600	102	48	moments	moment	NOUN
fbem-29600	102	49	,	,	PUNCT
fbem-29600	102	50	except	except	SCONJ
fbem-29600	102	51	for	for	ADP
fbem-29600	102	52	two	two	NUM
fbem-29600	102	53	phases	phase	NOUN
fbem-29600	102	54	when	when	SCONJ
fbem-29600	102	55	the	the	DET
fbem-29600	102	56	epidemic	epidemic	NOUN
fbem-29600	102	57	was	be	AUX
fbem-29600	102	58	more	more	ADV
fbem-29600	102	59	severe	severe	ADJ
fbem-29600	102	60	,	,	PUNCT
fbem-29600	102	61	when	when	SCONJ
fbem-29600	102	62	the	the	DET
fbem-29600	102	63	index	index	NOUN
fbem-29600	102	64	declined	decline	VERB
fbem-29600	102	65	significantly	significantly	ADV
fbem-29600	102	66	,	,	PUNCT
fbem-29600	102	67	which	which	PRON
fbem-29600	102	68	corresponds	correspond	VERB
fbem-29600	102	69	to	to	ADP
fbem-29600	102	70	the	the	DET
fbem-29600	102	71	state	state	NOUN
fbem-29600	102	72	of	of	ADP
fbem-29600	102	73	slow	slow	ADJ
fbem-29600	102	74	growth	growth	NOUN
fbem-29600	102	75	of	of	ADP
fbem-29600	102	76	the	the	DET
fbem-29600	102	77	total	total	ADJ
fbem-29600	102	78	volume	volume	NOUN
fbem-29600	102	79	of	of	ADP
fbem-29600	102	80	consumption	consumption	NOUN
fbem-29600	102	81	as	as	SCONJ
fbem-29600	102	82	shown	show	VERB
fbem-29600	102	83	above	above	ADV
fbem-29600	102	84	.	.	PUNCT
fbem-29600	103	1	figure	figure	VERB
fbem-29600	103	2	6	6	NUM
fbem-29600	103	3	.	.	PUNCT
fbem-29600	103	4	consumer	consumer	NOUN
fbem-29600	103	5	sentiment	sentiment	NOUN
fbem-29600	103	6	index	index	NOUN
fbem-29600	103	7	2016	2016	NUM
fbem-29600	103	8	2017	2017	NUM
fbem-29600	103	9	2018	2018	NUM
fbem-29600	103	10	2019	2019	NUM
fbem-29600	103	11	2020	2020	NUM
fbem-29600	103	12	2021	2021	NUM
fbem-29600	103	13	2022	2022	NUM
fbem-29600	103	14	consumption	consumption	NOUN
fbem-29600	103	15	level	level	NOUN
fbem-29600	103	16	of	of	ADP
fbem-29600	103	17	the	the	DET
fbem-29600	103	18	population	population	NOUN
fbem-29600	103	19	20801	20801	NUM
fbem-29600	103	20	22968	22968	NUM
fbem-29600	103	21	25245	25245	NUM
fbem-29600	103	22	27504	27504	NUM
fbem-29600	103	23	27439	27439	NUM
fbem-29600	103	24	31013	31013	NUM
fbem-29600	103	25	31718	31718	NUM
fbem-29600	103	26	19000	19000	NUM
fbem-29600	103	27	21000	21000	NUM
fbem-29600	103	28	23000	23000	NUM
fbem-29600	103	29	25000	25000	NUM
fbem-29600	103	30	27000	27000	NUM
fbem-29600	103	31	29000	29000	NUM
fbem-29600	103	32	31000	31000	NUM
fbem-29600	103	33	33000	33000	NUM
fbem-29600	104	1	c	c	NOUN
fbem-29600	104	2	o	o	NOUN
fbem-29600	104	3	n	n	CCONJ
fbem-29600	104	4	su	su	NOUN
fbem-29600	105	1	m	m	VERB
fbem-29600	105	2	p	p	NOUN
fbem-29600	105	3	ti	ti	X
fbem-29600	105	4	o	o	NOUN
fbem-29600	105	5	n	n	PRON
fbem-29600	105	6	l	l	NOUN
fbem-29600	105	7	ev	ev	X
fbem-29600	106	1	el	el	PROPN
fbem-29600	106	2	o	o	PROPN
fbem-29600	107	1	f	f	X
fbem-29600	107	2	th	th	X
fbem-29600	107	3	e	e	X
fbem-29600	107	4	p	p	NOUN
fbem-29600	107	5	o	o	X
fbem-29600	107	6	p	p	X
fbem-29600	107	7	u	u	X
fbem-29600	107	8	la	la	X
fbem-29600	107	9	ti	ti	X
fbem-29600	107	10	o	o	NOUN
fbem-29600	107	11	n	n	PROPN
fbem-29600	107	12	70	70	NUM
fbem-29600	107	13	80	80	NUM
fbem-29600	107	14	90	90	NUM
fbem-29600	107	15	100	100	NUM
fbem-29600	107	16	110	110	NUM
fbem-29600	107	17	120	120	NUM
fbem-29600	107	18	130	130	NUM
fbem-29600	107	19	140	140	NUM
fbem-29600	107	20	2	2	NUM
fbem-29600	107	21	0	0	NUM
fbem-29600	107	22	1	1	NUM
fbem-29600	107	23	6	6	NUM
fbem-29600	107	24	-0	-0	SYM
fbem-29600	107	25	1	1	NUM
fbem-29600	107	26	2	2	NUM
fbem-29600	107	27	0	0	NUM
fbem-29600	107	28	1	1	NUM
fbem-29600	107	29	6	6	NUM
fbem-29600	107	30	-0	-0	SYM
fbem-29600	107	31	4	4	NUM
fbem-29600	107	32	2	2	NUM
fbem-29600	107	33	0	0	NUM
fbem-29600	107	34	1	1	NUM
fbem-29600	107	35	6	6	NUM
fbem-29600	107	36	-0	-0	SYM
fbem-29600	107	37	7	7	NUM
fbem-29600	107	38	2	2	NUM
fbem-29600	107	39	0	0	NUM
fbem-29600	107	40	1	1	NUM
fbem-29600	107	41	6	6	NUM
fbem-29600	107	42	-1	-1	SYM
fbem-29600	107	43	0	0	NUM
fbem-29600	107	44	2	2	NUM
fbem-29600	107	45	0	0	NUM
fbem-29600	107	46	1	1	NUM
fbem-29600	107	47	7	7	NUM
fbem-29600	107	48	-0	-0	SYM
fbem-29600	107	49	1	1	NUM
fbem-29600	107	50	2	2	NUM
fbem-29600	107	51	0	0	NUM
fbem-29600	107	52	1	1	NUM
fbem-29600	107	53	7	7	NUM
fbem-29600	107	54	-0	-0	SYM
fbem-29600	107	55	4	4	NUM
fbem-29600	107	56	2	2	NUM
fbem-29600	107	57	0	0	NUM
fbem-29600	107	58	1	1	NUM
fbem-29600	107	59	7	7	NUM
fbem-29600	107	60	-0	-0	SYM
fbem-29600	107	61	7	7	NUM
fbem-29600	107	62	2	2	NUM
fbem-29600	107	63	0	0	NUM
fbem-29600	107	64	1	1	NUM
fbem-29600	107	65	7	7	NUM
fbem-29600	107	66	-1	-1	SYM
fbem-29600	107	67	0	0	NUM
fbem-29600	107	68	2	2	NUM
fbem-29600	107	69	0	0	NUM
fbem-29600	107	70	1	1	NUM
fbem-29600	107	71	8	8	NUM
fbem-29600	107	72	-0	-0	SYM
fbem-29600	107	73	1	1	NUM
fbem-29600	107	74	2	2	NUM
fbem-29600	107	75	0	0	NUM
fbem-29600	107	76	1	1	NUM
fbem-29600	107	77	8	8	NUM
fbem-29600	107	78	-0	-0	SYM
fbem-29600	107	79	4	4	NUM
fbem-29600	107	80	2	2	NUM
fbem-29600	107	81	0	0	NUM
fbem-29600	107	82	1	1	NUM
fbem-29600	107	83	8	8	NUM
fbem-29600	107	84	-0	-0	SYM
fbem-29600	107	85	7	7	NUM
fbem-29600	107	86	2	2	NUM
fbem-29600	107	87	0	0	NUM
fbem-29600	107	88	1	1	NUM
fbem-29600	107	89	8	8	NUM
fbem-29600	107	90	-1	-1	SYM
fbem-29600	107	91	0	0	NUM
fbem-29600	107	92	2	2	NUM
fbem-29600	107	93	0	0	NUM
fbem-29600	107	94	1	1	NUM
fbem-29600	107	95	9	9	NUM
fbem-29600	107	96	-0	-0	SYM
fbem-29600	107	97	1	1	NUM
fbem-29600	107	98	2	2	NUM
fbem-29600	107	99	0	0	NUM
fbem-29600	107	100	1	1	NUM
fbem-29600	107	101	9	9	NUM
fbem-29600	107	102	-0	-0	SYM
fbem-29600	107	103	4	4	NUM
fbem-29600	107	104	2	2	NUM
fbem-29600	107	105	0	0	NUM
fbem-29600	107	106	1	1	NUM
fbem-29600	107	107	9	9	NUM
fbem-29600	107	108	-0	-0	SYM
fbem-29600	107	109	7	7	NUM
fbem-29600	107	110	2	2	NUM
fbem-29600	107	111	0	0	NUM
fbem-29600	107	112	1	1	NUM
fbem-29600	107	113	9	9	NUM
fbem-29600	107	114	-1	-1	SYM
fbem-29600	107	115	0	0	NUM
fbem-29600	107	116	2	2	NUM
fbem-29600	107	117	0	0	NUM
fbem-29600	107	118	2	2	NUM
fbem-29600	107	119	0	0	NUM
fbem-29600	107	120	-0	-0	SYM
fbem-29600	107	121	1	1	NUM
fbem-29600	107	122	2	2	NUM
fbem-29600	107	123	0	0	NUM
fbem-29600	107	124	2	2	NUM
fbem-29600	107	125	0	0	NUM
fbem-29600	107	126	-0	-0	SYM
fbem-29600	107	127	4	4	NUM
fbem-29600	107	128	2	2	NUM
fbem-29600	107	129	0	0	NUM
fbem-29600	107	130	2	2	NUM
fbem-29600	107	131	0	0	NUM
fbem-29600	107	132	-0	-0	SYM
fbem-29600	107	133	7	7	NUM
fbem-29600	107	134	2	2	NUM
fbem-29600	107	135	0	0	NUM
fbem-29600	107	136	2	2	NUM
fbem-29600	107	137	0	0	NUM
fbem-29600	107	138	-1	-1	SYM
fbem-29600	107	139	0	0	NUM
fbem-29600	107	140	2	2	NUM
fbem-29600	107	141	0	0	NUM
fbem-29600	107	142	2	2	NUM
fbem-29600	107	143	1	1	NUM
fbem-29600	107	144	-0	-0	SYM
fbem-29600	107	145	1	1	NUM
fbem-29600	107	146	2	2	NUM
fbem-29600	107	147	0	0	NUM
fbem-29600	107	148	2	2	NUM
fbem-29600	107	149	1	1	NUM
fbem-29600	107	150	-0	-0	SYM
fbem-29600	107	151	4	4	NUM
fbem-29600	107	152	2	2	NUM
fbem-29600	107	153	0	0	NUM
fbem-29600	107	154	2	2	NUM
fbem-29600	107	155	1	1	NUM
fbem-29600	107	156	-0	-0	SYM
fbem-29600	107	157	7	7	NUM
fbem-29600	107	158	2	2	NUM
fbem-29600	107	159	0	0	NUM
fbem-29600	107	160	2	2	NUM
fbem-29600	107	161	1	1	NUM
fbem-29600	107	162	-1	-1	SYM
fbem-29600	107	163	0	0	NUM
fbem-29600	107	164	2	2	NUM
fbem-29600	107	165	0	0	NUM
fbem-29600	107	166	2	2	NUM
fbem-29600	107	167	2	2	NUM
fbem-29600	107	168	-0	-0	SYM
fbem-29600	107	169	1	1	NUM
fbem-29600	107	170	2	2	NUM
fbem-29600	107	171	0	0	NUM
fbem-29600	107	172	2	2	NUM
fbem-29600	107	173	2	2	NUM
fbem-29600	107	174	-0	-0	SYM
fbem-29600	107	175	4	4	NUM
fbem-29600	107	176	2	2	NUM
fbem-29600	107	177	0	0	NUM
fbem-29600	107	178	2	2	NUM
fbem-29600	107	179	2	2	NUM
fbem-29600	107	180	-0	-0	SYM
fbem-29600	107	181	7	7	NUM
fbem-29600	107	182	2	2	NUM
fbem-29600	107	183	0	0	NUM
fbem-29600	107	184	2	2	NUM
fbem-29600	107	185	2	2	NUM
fbem-29600	107	186	-1	-1	SYM
fbem-29600	107	187	0	0	NUM
fbem-29600	107	188	consumer	consumer	NOUN
fbem-29600	107	189	expectations	expectation	NOUN
fbem-29600	107	190	index_current	index_current	ADJ
fbem-29600	107	191	consumer	consumer	NOUN
fbem-29600	107	192	satisfaction	satisfaction	NOUN
fbem-29600	107	193	index_current	index_current	NOUN
fbem-29600	107	194	consumer	consumer	NOUN
fbem-29600	107	195	confidence	confidence	NOUN
fbem-29600	107	196	index_current	index_current	VERB
fbem-29600	107	197	117	117	NUM
fbem-29600	107	198	4.2.5	4.2.5	NUM
fbem-29600	107	199	.	.	PUNCT
fbem-29600	108	1	investment	investment	NOUN
fbem-29600	108	2	and	and	CCONJ
fbem-29600	108	3	crowding	crowd	VERB
fbem-29600	108	4	out	out	ADP
fbem-29600	108	5	figure	figure	NOUN
fbem-29600	108	6	7	7	NUM
fbem-29600	108	7	reflects	reflect	VERB
fbem-29600	108	8	the	the	DET
fbem-29600	108	9	overall	overall	ADJ
fbem-29600	108	10	level	level	NOUN
fbem-29600	108	11	of	of	ADP
fbem-29600	108	12	investment	investment	NOUN
fbem-29600	108	13	,	,	PUNCT
fbem-29600	108	14	which	which	PRON
fbem-29600	108	15	remains	remain	VERB
fbem-29600	108	16	on	on	ADP
fbem-29600	108	17	the	the	DET
fbem-29600	108	18	rise	rise	NOUN
fbem-29600	108	19	.	.	PUNCT
fbem-29600	109	1	it	it	PRON
fbem-29600	109	2	should	should	AUX
fbem-29600	109	3	be	be	AUX
fbem-29600	109	4	noted	note	VERB
fbem-29600	109	5	that	that	SCONJ
fbem-29600	109	6	china	china	PROPN
fbem-29600	109	7	has	have	AUX
fbem-29600	109	8	implemented	implement	VERB
fbem-29600	109	9	a	a	DET
fbem-29600	109	10	proactive	proactive	ADJ
fbem-29600	109	11	fiscal	fiscal	ADJ
fbem-29600	109	12	policy	policy	NOUN
fbem-29600	109	13	in	in	ADP
fbem-29600	109	14	conjunction	conjunction	NOUN
fbem-29600	109	15	with	with	ADP
fbem-29600	109	16	its	its	PRON
fbem-29600	109	17	monetary	monetary	ADJ
fbem-29600	109	18	policy	policy	NOUN
fbem-29600	109	19	,	,	PUNCT
fbem-29600	109	20	providing	provide	VERB
fbem-29600	109	21	assistance	assistance	NOUN
fbem-29600	109	22	to	to	ADP
fbem-29600	109	23	enterprises	enterprise	NOUN
fbem-29600	109	24	in	in	ADP
fbem-29600	109	25	financing	finance	VERB
fbem-29600	109	26	loans	loan	NOUN
fbem-29600	109	27	,	,	PUNCT
fbem-29600	109	28	so	so	SCONJ
fbem-29600	109	29	that	that	SCONJ
fbem-29600	109	30	investment	investment	NOUN
fbem-29600	109	31	in	in	ADP
fbem-29600	109	32	fixed	fix	VERB
fbem-29600	109	33	assets	asset	NOUN
fbem-29600	109	34	for	for	ADP
fbem-29600	109	35	the	the	DET
fbem-29600	109	36	whole	whole	ADJ
fbem-29600	109	37	society	society	NOUN
fbem-29600	109	38	has	have	AUX
fbem-29600	109	39	maintained	maintain	VERB
fbem-29600	109	40	a	a	DET
fbem-29600	109	41	relatively	relatively	ADV
fbem-29600	109	42	stable	stable	ADJ
fbem-29600	109	43	growth	growth	NOUN
fbem-29600	109	44	.	.	PUNCT
fbem-29600	110	1	figure	figure	VERB
fbem-29600	110	2	7	7	NUM
fbem-29600	110	3	.	.	PUNCT
fbem-29600	110	4	total	total	ADJ
fbem-29600	110	5	social	social	ADJ
fbem-29600	110	6	fixed	fix	VERB
fbem-29600	110	7	asset	asset	NOUN
fbem-29600	110	8	investment	investment	NOUN
fbem-29600	110	9	considering	consider	VERB
fbem-29600	110	10	the	the	DET
fbem-29600	110	11	crowding	crowd	VERB
fbem-29600	110	12	out	out	ADP
fbem-29600	110	13	effect	effect	NOUN
fbem-29600	110	14	,	,	PUNCT
fbem-29600	110	15	tax	tax	NOUN
fbem-29600	110	16	and	and	CCONJ
fbem-29600	110	17	fee	fee	NOUN
fbem-29600	110	18	cuts	cut	NOUN
fbem-29600	110	19	,	,	PUNCT
fbem-29600	110	20	as	as	ADP
fbem-29600	110	21	an	an	DET
fbem-29600	110	22	expansionary	expansionary	ADJ
fbem-29600	110	23	fiscal	fiscal	ADJ
fbem-29600	110	24	policy	policy	NOUN
fbem-29600	110	25	,	,	PUNCT
fbem-29600	110	26	are	be	AUX
fbem-29600	110	27	likely	likely	ADJ
fbem-29600	110	28	to	to	PART
fbem-29600	110	29	raise	raise	VERB
fbem-29600	110	30	interest	interest	NOUN
fbem-29600	110	31	rates	rate	NOUN
fbem-29600	110	32	and	and	CCONJ
fbem-29600	110	33	crowd	crowd	VERB
fbem-29600	110	34	out	out	ADP
fbem-29600	110	35	private	private	ADJ
fbem-29600	110	36	sector	sector	NOUN
fbem-29600	110	37	investment	investment	NOUN
fbem-29600	110	38	,	,	PUNCT
fbem-29600	110	39	as	as	SCONJ
fbem-29600	110	40	deduced	deduce	VERB
fbem-29600	110	41	from	from	ADP
fbem-29600	110	42	the	the	DET
fbem-29600	110	43	theory	theory	NOUN
fbem-29600	110	44	above	above	ADV
fbem-29600	110	45	.	.	PUNCT
fbem-29600	111	1	private	private	ADJ
fbem-29600	111	2	sector	sector	NOUN
fbem-29600	111	3	investment	investment	NOUN
fbem-29600	111	4	,	,	PUNCT
fbem-29600	111	5	limited	limit	VERB
fbem-29600	111	6	to	to	ADP
fbem-29600	111	7	data	datum	NOUN
fbem-29600	111	8	availability	availability	NOUN
fbem-29600	111	9	,	,	PUNCT
fbem-29600	111	10	is	be	AUX
fbem-29600	111	11	only	only	ADV
fbem-29600	111	12	available	available	ADJ
fbem-29600	111	13	for	for	ADP
fbem-29600	111	14	some	some	DET
fbem-29600	111	15	years	year	NOUN
fbem-29600	111	16	.	.	PUNCT
fbem-29600	112	1	since	since	SCONJ
fbem-29600	112	2	may	may	PROPN
fbem-29600	112	3	1	1	NUM
fbem-29600	112	4	,	,	PUNCT
fbem-29600	112	5	2018	2018	NUM
fbem-29600	112	6	,	,	PUNCT
fbem-29600	112	7	taxpayers	taxpayer	NOUN
fbem-29600	112	8	incur	incur	VERB
fbem-29600	112	9	vat	vat	NOUN
fbem-29600	112	10	taxable	taxable	ADJ
fbem-29600	112	11	sales	sale	NOUN
fbem-29600	112	12	behavior	behavior	NOUN
fbem-29600	112	13	or	or	CCONJ
fbem-29600	112	14	imported	import	VERB
fbem-29600	112	15	goods	good	NOUN
fbem-29600	112	16	,	,	PUNCT
fbem-29600	112	17	the	the	DET
fbem-29600	112	18	original	original	ADJ
fbem-29600	112	19	application	application	NOUN
fbem-29600	112	20	of	of	ADP
fbem-29600	112	21	17	17	NUM
fbem-29600	112	22	%	%	NOUN
fbem-29600	112	23	and	and	CCONJ
fbem-29600	112	24	11	11	NUM
fbem-29600	112	25	%	%	NOUN
fbem-29600	112	26	tax	tax	NOUN
fbem-29600	112	27	rate	rate	NOUN
fbem-29600	112	28	,	,	PUNCT
fbem-29600	112	29	the	the	DET
fbem-29600	112	30	tax	tax	NOUN
fbem-29600	112	31	rate	rate	NOUN
fbem-29600	112	32	was	be	AUX
fbem-29600	112	33	adjusted	adjust	VERB
fbem-29600	112	34	to	to	ADP
fbem-29600	112	35	16	16	NUM
fbem-29600	112	36	%	%	NOUN
fbem-29600	112	37	and	and	CCONJ
fbem-29600	112	38	10	10	NUM
fbem-29600	112	39	%	%	NOUN
fbem-29600	112	40	,	,	PUNCT
fbem-29600	112	41	respectively	respectively	ADV
fbem-29600	112	42	,	,	PUNCT
fbem-29600	112	43	and	and	CCONJ
fbem-29600	112	44	since	since	SCONJ
fbem-29600	112	45	april	april	PROPN
fbem-29600	112	46	1	1	NUM
fbem-29600	112	47	,	,	PUNCT
fbem-29600	112	48	2019	2019	NUM
fbem-29600	112	49	,	,	PUNCT
fbem-29600	112	50	general	general	ADJ
fbem-29600	112	51	vat	vat	NOUN
fbem-29600	112	52	taxpayers	taxpayer	NOUN
fbem-29600	112	53	(	(	PUNCT
fbem-29600	112	54	hereinafter	hereinafter	NOUN
fbem-29600	112	55	referred	refer	VERB
fbem-29600	112	56	to	to	ADP
fbem-29600	112	57	as	as	ADP
fbem-29600	112	58	the	the	DET
fbem-29600	112	59	taxpayers	taxpayer	NOUN
fbem-29600	112	60	)	)	PUNCT
fbem-29600	112	61	incur	incur	ADJ
fbem-29600	112	62	vat	vat	NOUN
fbem-29600	112	63	taxable	taxable	ADJ
fbem-29600	112	64	sales	sale	NOUN
fbem-29600	112	65	behavior	behavior	NOUN
fbem-29600	112	66	or	or	CCONJ
fbem-29600	112	67	imported	import	VERB
fbem-29600	112	68	goods	good	NOUN
fbem-29600	112	69	,	,	PUNCT
fbem-29600	112	70	the	the	DET
fbem-29600	112	71	original	original	ADJ
fbem-29600	112	72	application	application	NOUN
fbem-29600	112	73	of	of	ADP
fbem-29600	112	74	the	the	DET
fbem-29600	112	75	16	16	NUM
fbem-29600	112	76	%	%	NOUN
fbem-29600	112	77	tax	tax	NOUN
fbem-29600	112	78	rate	rate	NOUN
fbem-29600	112	79	,	,	PUNCT
fbem-29600	112	80	the	the	DET
fbem-29600	112	81	tax	tax	NOUN
fbem-29600	112	82	rate	rate	NOUN
fbem-29600	112	83	was	be	AUX
fbem-29600	112	84	adjusted	adjust	VERB
fbem-29600	112	85	to	to	ADP
fbem-29600	112	86	13	13	NUM
fbem-29600	112	87	%	%	NOUN
fbem-29600	112	88	;	;	PUNCT
fbem-29600	112	89	the	the	DET
fbem-29600	112	90	original	original	ADJ
fbem-29600	112	91	application	application	NOUN
fbem-29600	112	92	of	of	ADP
fbem-29600	112	93	the	the	PRON
fbem-29600	112	94	if	if	SCONJ
fbem-29600	112	95	the	the	DET
fbem-29600	112	96	tax	tax	NOUN
fbem-29600	112	97	rate	rate	NOUN
fbem-29600	112	98	is	be	AUX
fbem-29600	112	99	originally	originally	ADV
fbem-29600	112	100	applied	apply	VERB
fbem-29600	112	101	at	at	ADP
fbem-29600	112	102	16	16	NUM
fbem-29600	112	103	%	%	NOUN
fbem-29600	112	104	,	,	PUNCT
fbem-29600	112	105	the	the	DET
fbem-29600	112	106	tax	tax	NOUN
fbem-29600	112	107	rate	rate	NOUN
fbem-29600	112	108	is	be	AUX
fbem-29600	112	109	adjusted	adjust	VERB
fbem-29600	112	110	to	to	ADP
fbem-29600	112	111	13	13	NUM
fbem-29600	112	112	%	%	NOUN
fbem-29600	112	113	;	;	PUNCT
fbem-29600	112	114	if	if	SCONJ
fbem-29600	112	115	the	the	DET
fbem-29600	112	116	tax	tax	NOUN
fbem-29600	112	117	rate	rate	NOUN
fbem-29600	112	118	is	be	AUX
fbem-29600	112	119	originally	originally	ADV
fbem-29600	112	120	applied	apply	VERB
fbem-29600	112	121	at	at	ADP
fbem-29600	112	122	10	10	NUM
fbem-29600	112	123	%	%	NOUN
fbem-29600	112	124	,	,	PUNCT
fbem-29600	112	125	the	the	DET
fbem-29600	112	126	tax	tax	NOUN
fbem-29600	112	127	rate	rate	NOUN
fbem-29600	112	128	is	be	AUX
fbem-29600	112	129	adjusted	adjust	VERB
fbem-29600	112	130	to	to	ADP
fbem-29600	112	131	9	9	NUM
fbem-29600	112	132	%	%	NOUN
fbem-29600	112	133	.	.	PUNCT
fbem-29600	113	1	as	as	SCONJ
fbem-29600	113	2	shown	show	VERB
fbem-29600	113	3	in	in	ADP
fbem-29600	113	4	table	table	NOUN
fbem-29600	113	5	1	1	NUM
fbem-29600	113	6	,	,	PUNCT
fbem-29600	113	7	there	there	PRON
fbem-29600	113	8	is	be	VERB
fbem-29600	113	9	a	a	DET
fbem-29600	113	10	possibility	possibility	NOUN
fbem-29600	113	11	of	of	ADP
fbem-29600	113	12	crowding	crowd	VERB
fbem-29600	113	13	out	out	ADP
fbem-29600	113	14	of	of	ADP
fbem-29600	113	15	private	private	ADJ
fbem-29600	113	16	sector	sector	NOUN
fbem-29600	113	17	investment	investment	NOUN
fbem-29600	113	18	when	when	SCONJ
fbem-29600	113	19	the	the	DET
fbem-29600	113	20	growth	growth	NOUN
fbem-29600	113	21	rates	rate	NOUN
fbem-29600	113	22	of	of	ADP
fbem-29600	113	23	self	self	NOUN
fbem-29600	113	24	-	-	PUNCT
fbem-29600	113	25	financed	finance	VERB
fbem-29600	113	26	fixed	fix	VERB
fbem-29600	113	27	asset	asset	NOUN
fbem-29600	113	28	investment	investment	NOUN
fbem-29600	113	29	and	and	CCONJ
fbem-29600	113	30	privately	privately	ADV
fbem-29600	113	31	held	hold	VERB
fbem-29600	113	32	fixed	fix	VERB
fbem-29600	113	33	asset	asset	NOUN
fbem-29600	113	34	investment	investment	NOUN
fbem-29600	113	35	have	have	AUX
fbem-29600	113	36	declined	decline	VERB
fbem-29600	113	37	sharply	sharply	ADV
fbem-29600	113	38	in	in	ADP
fbem-29600	113	39	the	the	DET
fbem-29600	113	40	face	face	NOUN
fbem-29600	113	41	of	of	ADP
fbem-29600	113	42	several	several	ADJ
fbem-29600	113	43	vat	vat	NOUN
fbem-29600	113	44	reductions	reduction	NOUN
fbem-29600	113	45	.	.	PUNCT
fbem-29600	114	1	table	table	NOUN
fbem-29600	114	2	1	1	NUM
fbem-29600	114	3	.	.	PUNCT
fbem-29600	115	1	growth	growth	NOUN
fbem-29600	115	2	of	of	ADP
fbem-29600	115	3	self	self	NOUN
fbem-29600	115	4	-	-	PUNCT
fbem-29600	115	5	financed	finance	VERB
fbem-29600	115	6	and	and	CCONJ
fbem-29600	115	7	privately	privately	ADV
fbem-29600	115	8	held	hold	VERB
fbem-29600	115	9	fixed	fix	VERB
fbem-29600	115	10	asset	asset	NOUN
fbem-29600	115	11	investment	investment	NOUN
fbem-29600	115	12	particular	particular	ADJ
fbem-29600	115	13	year	year	NOUN
fbem-29600	115	14	self	self	NOUN
fbem-29600	115	15	-	-	PUNCT
fbem-29600	115	16	financed	finance	VERB
fbem-29600	115	17	investment	investment	NOUN
fbem-29600	115	18	in	in	ADP
fbem-29600	115	19	fixed	fix	VERB
fbem-29600	115	20	assets	asset	NOUN
fbem-29600	115	21	(	(	PUNCT
fbem-29600	115	22	excluding	exclude	VERB
fbem-29600	115	23	farm	farm	NOUN
fbem-29600	115	24	households	household	NOUN
fbem-29600	115	25	)	)	PUNCT
fbem-29600	115	26	up	up	ADV
fbem-29600	115	27	from	from	ADP
fbem-29600	115	28	previous	previous	ADJ
fbem-29600	115	29	year	year	NOUN
fbem-29600	115	30	(	(	PUNCT
fbem-29600	115	31	%	%	INTJ
fbem-29600	115	32	)	)	PUNCT
fbem-29600	115	33	investment	investment	NOUN
fbem-29600	115	34	in	in	ADP
fbem-29600	115	35	privately	privately	ADV
fbem-29600	115	36	held	hold	VERB
fbem-29600	115	37	fixed	fix	VERB
fbem-29600	115	38	assets	asset	NOUN
fbem-29600	115	39	(	(	PUNCT
fbem-29600	115	40	excluding	exclude	VERB
fbem-29600	115	41	farm	farm	NOUN
fbem-29600	115	42	households	household	NOUN
fbem-29600	115	43	)	)	PUNCT
fbem-29600	115	44	up	up	ADV
fbem-29600	115	45	from	from	ADP
fbem-29600	115	46	previous	previous	ADJ
fbem-29600	115	47	year	year	NOUN
fbem-29600	115	48	(	(	PUNCT
fbem-29600	115	49	%	%	INTJ
fbem-29600	115	50	)	)	PUNCT
fbem-29600	115	51	2018	2018	NUM
fbem-29600	115	52	3.9	3.9	NUM
fbem-29600	115	53	8.8	8.8	NUM
fbem-29600	115	54	2019	2019	NUM
fbem-29600	115	55	1.7	1.7	NUM
fbem-29600	115	56	5.7	5.7	NUM
fbem-29600	115	57	2020	2020	NUM
fbem-29600	115	58	7.5	7.5	NUM
fbem-29600	115	59	1.6	1.6	NUM
fbem-29600	115	60	2021	2021	NUM
fbem-29600	115	61	5.8	5.8	NUM
fbem-29600	115	62	14	14	NUM
fbem-29600	115	63	source	source	NOUN
fbem-29600	115	64	:	:	PUNCT
fbem-29600	115	65	national	national	ADJ
fbem-29600	115	66	statistical	statistical	ADJ
fbem-29600	115	67	office	office	NOUN
fbem-29600	115	68	5	5	NUM
fbem-29600	115	69	.	.	PUNCT
fbem-29600	115	70	conclusions	conclusion	NOUN
fbem-29600	115	71	and	and	CCONJ
fbem-29600	115	72	policy	policy	NOUN
fbem-29600	115	73	recommendations	recommendation	NOUN
fbem-29600	115	74	this	this	DET
fbem-29600	115	75	paper	paper	NOUN
fbem-29600	115	76	combines	combine	VERB
fbem-29600	115	77	is	be	AUX
fbem-29600	115	78	-	-	PUNCT
fbem-29600	115	79	lm	lm	ADJ
fbem-29600	115	80	model	model	NOUN
fbem-29600	115	81	analysis	analysis	NOUN
fbem-29600	115	82	and	and	CCONJ
fbem-29600	115	83	mathematical	mathematical	ADJ
fbem-29600	115	84	derivation	derivation	NOUN
fbem-29600	115	85	to	to	PART
fbem-29600	115	86	analyze	analyze	VERB
fbem-29600	115	87	the	the	DET
fbem-29600	115	88	macroeconomic	macroeconomic	ADJ
fbem-29600	115	89	effects	effect	NOUN
fbem-29600	115	90	of	of	ADP
fbem-29600	115	91	china	china	PROPN
fbem-29600	115	92	's	's	PART
fbem-29600	115	93	positive	positive	ADJ
fbem-29600	115	94	fiscal	fiscal	ADJ
fbem-29600	115	95	policy	policy	NOUN
fbem-29600	115	96	using	use	VERB
fbem-29600	115	97	tax	tax	NOUN
fbem-29600	115	98	cuts	cut	NOUN
fbem-29600	115	99	and	and	CCONJ
fbem-29600	115	100	fee	fee	NOUN
fbem-29600	115	101	reductions	reduction	NOUN
fbem-29600	115	102	in	in	ADP
fbem-29600	115	103	the	the	DET
fbem-29600	115	104	stage	stage	NOUN
fbem-29600	115	105	of	of	ADP
fbem-29600	115	106	combinatorial	combinatorial	ADJ
fbem-29600	115	107	tax	tax	NOUN
fbem-29600	115	108	cuts	cut	NOUN
fbem-29600	115	109	and	and	CCONJ
fbem-29600	115	110	fee	fee	NOUN
fbem-29600	115	111	reductions	reduction	NOUN
fbem-29600	115	112	after	after	ADP
fbem-29600	115	113	the	the	DET
fbem-29600	115	114	2016	2016	NUM
fbem-29600	115	115	"	"	PUNCT
fbem-29600	115	116	camp	camp	NOUN
fbem-29600	115	117	reform	reform	NOUN
fbem-29600	115	118	and	and	CCONJ
fbem-29600	115	119	increase	increase	NOUN
fbem-29600	115	120	"	"	PUNCT
fbem-29600	115	121	,	,	PUNCT
fbem-29600	115	122	including	include	VERB
fbem-29600	115	123	tax	tax	NOUN
fbem-29600	115	124	burdens	burden	NOUN
fbem-29600	115	125	,	,	PUNCT
fbem-29600	115	126	tax	tax	NOUN
fbem-29600	115	127	structure	structure	NOUN
fbem-29600	115	128	,	,	PUNCT
fbem-29600	115	129	output	output	NOUN
fbem-29600	115	130	,	,	PUNCT
fbem-29600	115	131	consumption	consumption	NOUN
fbem-29600	115	132	,	,	PUNCT
fbem-29600	115	133	and	and	CCONJ
fbem-29600	115	134	investment	investment	NOUN
fbem-29600	115	135	.	.	PUNCT
fbem-29600	116	1	from	from	ADP
fbem-29600	116	2	a	a	DET
fbem-29600	116	3	theoretical	theoretical	ADJ
fbem-29600	116	4	point	point	NOUN
fbem-29600	116	5	of	of	ADP
fbem-29600	116	6	view	view	NOUN
fbem-29600	116	7	when	when	SCONJ
fbem-29600	116	8	taxes	taxis	NOUN
fbem-29600	116	9	and	and	CCONJ
fbem-29600	116	10	fees	fee	NOUN
fbem-29600	116	11	are	be	AUX
fbem-29600	116	12	lowered	lower	VERB
fbem-29600	116	13	,	,	PUNCT
fbem-29600	116	14	disposable	disposable	ADJ
fbem-29600	116	15	income	income	NOUN
fbem-29600	116	16	increases	increase	NOUN
fbem-29600	116	17	,	,	PUNCT
fbem-29600	116	18	and	and	CCONJ
fbem-29600	116	19	the	the	DET
fbem-29600	116	20	level	level	NOUN
fbem-29600	116	21	of	of	ADP
fbem-29600	116	22	output	output	NOUN
fbem-29600	116	23	rises	rise	NOUN
fbem-29600	116	24	,	,	PUNCT
fbem-29600	116	25	while	while	SCONJ
fbem-29600	116	26	at	at	ADP
fbem-29600	116	27	the	the	DET
fbem-29600	116	28	same	same	ADJ
fbem-29600	116	29	time	time	NOUN
fbem-29600	116	30	,	,	PUNCT
fbem-29600	116	31	the	the	DET
fbem-29600	116	32	demand	demand	NOUN
fbem-29600	116	33	for	for	ADP
fbem-29600	116	34	money	money	NOUN
fbem-29600	116	35	for	for	ADP
fbem-29600	116	36	transaction	transaction	NOUN
fbem-29600	116	37	motives	motive	NOUN
fbem-29600	116	38	increases	increase	NOUN
fbem-29600	116	39	,	,	PUNCT
fbem-29600	116	40	and	and	CCONJ
fbem-29600	116	41	thus	thus	ADV
fbem-29600	116	42	the	the	DET
fbem-29600	116	43	total	total	ADJ
fbem-29600	116	44	demand	demand	NOUN
fbem-29600	116	45	for	for	ADP
fbem-29600	116	46	money	money	NOUN
fbem-29600	116	47	increases	increase	NOUN
fbem-29600	116	48	,	,	PUNCT
fbem-29600	116	49	leading	lead	VERB
fbem-29600	116	50	to	to	ADP
fbem-29600	116	51	a	a	DET
fbem-29600	116	52	rise	rise	NOUN
fbem-29600	116	53	in	in	ADP
fbem-29600	116	54	interest	interest	NOUN
fbem-29600	116	55	rates	rate	NOUN
fbem-29600	116	56	and	and	CCONJ
fbem-29600	116	57	causing	cause	VERB
fbem-29600	116	58	a	a	DET
fbem-29600	116	59	decline	decline	NOUN
fbem-29600	116	60	in	in	ADP
fbem-29600	116	61	the	the	DET
fbem-29600	116	62	level	level	NOUN
fbem-29600	116	63	of	of	ADP
fbem-29600	116	64	investment	investment	NOUN
fbem-29600	116	65	under	under	ADP
fbem-29600	116	66	the	the	DET
fbem-29600	116	67	condition	condition	NOUN
fbem-29600	116	68	that	that	SCONJ
fbem-29600	116	69	the	the	DET
fbem-29600	116	70	supply	supply	NOUN
fbem-29600	116	71	of	of	ADP
fbem-29600	116	72	money	money	NOUN
fbem-29600	116	73	remains	remain	VERB
fbem-29600	116	74	unchanged	unchanged	ADJ
fbem-29600	116	75	.	.	PUNCT
fbem-29600	117	1	in	in	ADP
fbem-29600	117	2	conjunction	conjunction	NOUN
fbem-29600	117	3	with	with	ADP
fbem-29600	117	4	china	china	PROPN
fbem-29600	117	5	's	's	PART
fbem-29600	117	6	policy	policy	NOUN
fbem-29600	117	7	of	of	ADP
fbem-29600	117	8	tax	tax	NOUN
fbem-29600	117	9	and	and	CCONJ
fbem-29600	117	10	fee	fee	NOUN
fbem-29600	117	11	reductions	reduction	NOUN
fbem-29600	117	12	,	,	PUNCT
fbem-29600	117	13	which	which	PRON
fbem-29600	117	14	has	have	AUX
fbem-29600	117	15	been	be	AUX
fbem-29600	117	16	continuously	continuously	ADV
fbem-29600	117	17	implemented	implement	VERB
fbem-29600	117	18	for	for	ADP
fbem-29600	117	19	many	many	ADJ
fbem-29600	117	20	years	year	NOUN
fbem-29600	117	21	,	,	PUNCT
fbem-29600	117	22	further	further	ADJ
fbem-29600	117	23	analysis	analysis	NOUN
fbem-29600	117	24	shows	show	VERB
fbem-29600	117	25	that	that	SCONJ
fbem-29600	117	26	china	china	PROPN
fbem-29600	117	27	has	have	AUX
fbem-29600	117	28	reduced	reduce	VERB
fbem-29600	117	29	the	the	DET
fbem-29600	117	30	burden	burden	NOUN
fbem-29600	117	31	on	on	ADP
fbem-29600	117	32	enterprises	enterprise	NOUN
fbem-29600	117	33	in	in	ADP
fbem-29600	117	34	terms	term	NOUN
fbem-29600	117	35	of	of	ADP
fbem-29600	117	36	value	value	NOUN
fbem-29600	117	37	-	-	PUNCT
fbem-29600	117	38	added	add	VERB
fbem-29600	117	39	tax	tax	NOUN
fbem-29600	117	40	,	,	PUNCT
fbem-29600	117	41	income	income	NOUN
fbem-29600	117	42	tax	tax	NOUN
fbem-29600	117	43	and	and	CCONJ
fbem-29600	117	44	various	various	ADJ
fbem-29600	117	45	fees	fee	NOUN
fbem-29600	117	46	to	to	PART
fbem-29600	117	47	stimulate	stimulate	VERB
fbem-29600	117	48	market	market	NOUN
fbem-29600	117	49	dynamics	dynamic	NOUN
fbem-29600	117	50	in	in	ADP
fbem-29600	117	51	both	both	CCONJ
fbem-29600	117	52	the	the	DET
fbem-29600	117	53	supply	supply	NOUN
fbem-29600	117	54	and	and	CCONJ
fbem-29600	117	55	demand	demand	NOUN
fbem-29600	117	56	directions	direction	NOUN
fbem-29600	117	57	.	.	PUNCT
fbem-29600	118	1	in	in	ADP
fbem-29600	118	2	terms	term	NOUN
fbem-29600	118	3	of	of	ADP
fbem-29600	118	4	tax	tax	NOUN
fbem-29600	118	5	burden	burden	NOUN
fbem-29600	118	6	,	,	PUNCT
fbem-29600	118	7	the	the	DET
fbem-29600	118	8	policy	policy	NOUN
fbem-29600	118	9	of	of	ADP
fbem-29600	118	10	tax	tax	NOUN
fbem-29600	118	11	cuts	cut	NOUN
fbem-29600	118	12	and	and	CCONJ
fbem-29600	118	13	fee	fee	NOUN
fbem-29600	118	14	reductions	reduction	NOUN
fbem-29600	118	15	has	have	AUX
fbem-29600	118	16	continued	continue	VERB
fbem-29600	118	17	to	to	PART
fbem-29600	118	18	reduce	reduce	VERB
fbem-29600	118	19	the	the	DET
fbem-29600	118	20	tax	tax	NOUN
fbem-29600	118	21	burden	burden	NOUN
fbem-29600	118	22	of	of	ADP
fbem-29600	118	23	the	the	DET
fbem-29600	118	24	market	market	NOUN
fbem-29600	118	25	main	main	ADJ
fbem-29600	118	26	body	body	NOUN
fbem-29600	118	27	,	,	PUNCT
fbem-29600	118	28	which	which	PRON
fbem-29600	118	29	has	have	AUX
fbem-29600	118	30	provided	provide	VERB
fbem-29600	118	31	a	a	DET
fbem-29600	118	32	sustained	sustained	ADJ
fbem-29600	118	33	and	and	CCONJ
fbem-29600	118	34	stable	stable	ADJ
fbem-29600	118	35	impetus	impetus	NOUN
fbem-29600	118	36	for	for	ADP
fbem-29600	118	37	optimizing	optimize	VERB
fbem-29600	118	38	china	china	PROPN
fbem-29600	118	39	's	's	PART
fbem-29600	118	40	mediumand	mediumand	NOUN
fbem-29600	118	41	long	long	ADJ
fbem-29600	118	42	-	-	PUNCT
fbem-29600	118	43	term	term	NOUN
fbem-29600	118	44	tax	tax	NOUN
fbem-29600	118	45	structure	structure	NOUN
fbem-29600	118	46	and	and	CCONJ
fbem-29600	118	47	promoting	promote	VERB
fbem-29600	118	48	the	the	DET
fbem-29600	118	49	high	high	ADJ
fbem-29600	118	50	-	-	PUNCT
fbem-29600	118	51	quality	quality	NOUN
fbem-29600	118	52	development	development	NOUN
fbem-29600	118	53	of	of	ADP
fbem-29600	118	54	the	the	DET
fbem-29600	118	55	economy	economy	NOUN
fbem-29600	118	56	,	,	PUNCT
fbem-29600	118	57	and	and	CCONJ
fbem-29600	118	58	the	the	DET
fbem-29600	118	59	data	datum	NOUN
fbem-29600	118	60	show	show	VERB
fbem-29600	118	61	that	that	SCONJ
fbem-29600	118	62	china	china	PROPN
fbem-29600	118	63	's	's	PART
fbem-29600	118	64	overall	overall	ADJ
fbem-29600	118	65	tax	tax	NOUN
fbem-29600	118	66	burden	burden	NOUN
fbem-29600	118	67	has	have	AUX
fbem-29600	118	68	shown	show	VERB
fbem-29600	118	69	a	a	DET
fbem-29600	118	70	decreasing	decrease	VERB
fbem-29600	118	71	trend	trend	NOUN
fbem-29600	118	72	,	,	PUNCT
fbem-29600	118	73	which	which	PRON
fbem-29600	118	74	has	have	AUX
fbem-29600	118	75	reduced	reduce	VERB
fbem-29600	118	76	the	the	DET
fbem-29600	118	77	burden	burden	NOUN
fbem-29600	118	78	on	on	ADP
fbem-29600	118	79	enterprises	enterprise	NOUN
fbem-29600	118	80	,	,	PUNCT
fbem-29600	118	81	improved	improve	VERB
fbem-29600	118	82	the	the	DET
fbem-29600	118	83	profitability	profitability	NOUN
fbem-29600	118	84	of	of	ADP
fbem-29600	118	85	enterprises	enterprise	NOUN
fbem-29600	118	86	,	,	PUNCT
fbem-29600	118	87	increased	increase	VERB
fbem-29600	118	88	their	their	PRON
fbem-29600	118	89	competitiveness	competitiveness	NOUN
fbem-29600	118	90	in	in	ADP
fbem-29600	118	91	the	the	DET
fbem-29600	118	92	market	market	NOUN
fbem-29600	118	93	,	,	PUNCT
fbem-29600	118	94	contributed	contribute	VERB
fbem-29600	118	95	to	to	ADP
fbem-29600	118	96	the	the	DET
fbem-29600	118	97	enterprise	enterprise	NOUN
fbem-29600	118	98	's	's	PART
fbem-29600	118	99	innovation	innovation	NOUN
fbem-29600	118	100	and	and	CCONJ
fbem-29600	118	101	improved	improve	VERB
fbem-29600	118	102	the	the	DET
fbem-29600	118	103	quality	quality	NOUN
fbem-29600	118	104	of	of	ADP
fbem-29600	118	105	products	product	NOUN
fbem-29600	118	106	,	,	PUNCT
fbem-29600	118	107	and	and	CCONJ
fbem-29600	118	108	stimulated	stimulate	VERB
fbem-29600	118	109	the	the	DET
fbem-29600	118	110	market	market	NOUN
fbem-29600	118	111	main	main	ADJ
fbem-29600	118	112	body	body	NOUN
fbem-29600	118	113	's	's	PART
fbem-29600	118	114	activism	activism	NOUN
fbem-29600	118	115	.	.	PUNCT
fbem-29600	119	1	in	in	ADP
fbem-29600	119	2	terms	term	NOUN
fbem-29600	119	3	of	of	ADP
fbem-29600	119	4	output	output	NOUN
fbem-29600	119	5	,	,	PUNCT
fbem-29600	119	6	the	the	DET
fbem-29600	119	7	reduction	reduction	NOUN
fbem-29600	119	8	of	of	ADP
fbem-29600	119	9	taxes	taxis	NOUN
fbem-29600	119	10	and	and	CCONJ
fbem-29600	119	11	fees	fee	NOUN
fbem-29600	119	12	has	have	AUX
fbem-29600	119	13	stabilized	stabilize	VERB
fbem-29600	119	14	the	the	DET
fbem-29600	119	15	economy	economy	NOUN
fbem-29600	119	16	in	in	ADP
fbem-29600	119	17	general	general	ADJ
fbem-29600	119	18	,	,	PUNCT
fbem-29600	119	19	and	and	CCONJ
fbem-29600	119	20	the	the	DET
fbem-29600	119	21	level	level	NOUN
fbem-29600	119	22	of	of	ADP
fbem-29600	119	23	output	output	NOUN
fbem-29600	119	24	has	have	AUX
fbem-29600	119	25	slowly	slowly	ADV
fbem-29600	119	26	risen	rise	VERB
fbem-29600	119	27	.	.	PUNCT
fbem-29600	120	1	in	in	ADP
fbem-29600	120	2	terms	term	NOUN
fbem-29600	120	3	of	of	ADP
fbem-29600	120	4	tax	tax	NOUN
fbem-29600	120	5	structure	structure	NOUN
fbem-29600	120	6	,	,	PUNCT
fbem-29600	120	7	the	the	DET
fbem-29600	120	8	share	share	NOUN
fbem-29600	120	9	of	of	ADP
fbem-29600	120	10	income	income	NOUN
fbem-29600	120	11	tax	tax	NOUN
fbem-29600	120	12	in	in	ADP
fbem-29600	120	13	tax	tax	NOUN
fbem-29600	120	14	revenue	revenue	NOUN
fbem-29600	120	15	is	be	AUX
fbem-29600	120	16	rising	rise	VERB
fbem-29600	120	17	while	while	SCONJ
fbem-29600	120	18	the	the	DET
fbem-29600	120	19	share	share	NOUN
fbem-29600	120	20	of	of	ADP
fbem-29600	120	21	value	value	NOUN
fbem-29600	120	22	-	-	PUNCT
fbem-29600	120	23	added	add	VERB
fbem-29600	120	24	tax	tax	NOUN
fbem-29600	120	25	in	in	ADP
fbem-29600	120	26	tax	tax	NOUN
fbem-29600	120	27	revenue	revenue	NOUN
fbem-29600	120	28	is	be	AUX
fbem-29600	120	29	declining	decline	VERB
fbem-29600	120	30	,	,	PUNCT
fbem-29600	120	31	the	the	DET
fbem-29600	120	32	proportion	proportion	NOUN
fbem-29600	120	33	of	of	ADP
fbem-29600	120	34	indirect	indirect	ADJ
fbem-29600	120	35	tax	tax	NOUN
fbem-29600	120	36	is	be	AUX
fbem-29600	120	37	declining	decline	VERB
fbem-29600	120	38	and	and	CCONJ
fbem-29600	120	39	the	the	DET
fbem-29600	120	40	proportion	proportion	NOUN
fbem-29600	120	41	of	of	ADP
fbem-29600	120	42	direct	direct	ADJ
fbem-29600	120	43	tax	tax	NOUN
fbem-29600	120	44	is	be	AUX
fbem-29600	120	45	rising	rise	VERB
fbem-29600	120	46	,	,	PUNCT
fbem-29600	120	47	which	which	PRON
fbem-29600	120	48	makes	make	VERB
fbem-29600	120	49	resource	resource	NOUN
fbem-29600	120	50	allocation	allocation	NOUN
fbem-29600	120	51	more	more	ADV
fbem-29600	120	52	efficient	efficient	ADJ
fbem-29600	120	53	,	,	PUNCT
fbem-29600	120	54	promotes	promote	VERB
fbem-29600	120	55	tax	tax	NOUN
fbem-29600	120	56	fairness	fairness	NOUN
fbem-29600	120	57	and	and	CCONJ
fbem-29600	120	58	narrows	narrow	VERB
fbem-29600	120	59	the	the	DET
fbem-29600	120	60	gap	gap	NOUN
fbem-29600	120	61	between	between	ADP
fbem-29600	120	62	the	the	DET
fbem-29600	120	63	rich	rich	ADJ
fbem-29600	120	64	and	and	CCONJ
fbem-29600	120	65	the	the	DET
fbem-29600	120	66	poor	poor	ADJ
fbem-29600	120	67	.	.	PUNCT
fbem-29600	121	1	in	in	ADP
fbem-29600	121	2	terms	term	NOUN
fbem-29600	121	3	of	of	ADP
fbem-29600	121	4	consumption	consumption	NOUN
fbem-29600	121	5	,	,	PUNCT
fbem-29600	121	6	the	the	DET
fbem-29600	121	7	adjustment	adjustment	NOUN
fbem-29600	121	8	of	of	ADP
fbem-29600	121	9	personal	personal	ADJ
fbem-29600	121	10	income	income	NOUN
fbem-29600	121	11	tax	tax	NOUN
fbem-29600	121	12	and	and	CCONJ
fbem-29600	121	13	the	the	DET
fbem-29600	121	14	2015	2015	NUM
fbem-29600	121	15	2016	2016	NUM
fbem-29600	121	16	2017	2017	NUM
fbem-29600	121	17	2018	2018	NUM
fbem-29600	121	18	2019	2019	NUM
fbem-29600	121	19	2020	2020	NUM
fbem-29600	121	20	2021	2021	NUM
fbem-29600	121	21	2022	2022	NUM
fbem-29600	121	22	total	total	ADJ
fbem-29600	121	23	investment	investment	NOUN
fbem-29600	121	24	in	in	ADP
fbem-29600	121	25	fixed	fix	VERB
fbem-29600	121	26	assets	asset	NOUN
fbem-29600	121	27	40.6	40.6	NUM
fbem-29600	121	28	43.4	43.4	NUM
fbem-29600	121	29	46.1	46.1	NUM
fbem-29600	121	30	48.8	48.8	NUM
fbem-29600	121	31	51.4	51.4	NUM
fbem-29600	121	32	52.7	52.7	NUM
fbem-29600	121	33	55.3	55.3	NUM
fbem-29600	121	34	58.0	58.0	NUM
fbem-29600	121	35	40.0	40.0	NUM
fbem-29600	121	36	42.0	42.0	NUM
fbem-29600	121	37	44.0	44.0	NUM
fbem-29600	121	38	46.0	46.0	NUM
fbem-29600	121	39	48.0	48.0	NUM
fbem-29600	121	40	50.0	50.0	NUM
fbem-29600	121	41	52.0	52.0	NUM
fbem-29600	121	42	54.0	54.0	NUM
fbem-29600	121	43	56.0	56.0	NUM
fbem-29600	121	44	58.0	58.0	NUM
fbem-29600	121	45	60.0	60.0	NUM
fbem-29600	121	46	t	t	NOUN
fbem-29600	121	47	o	o	X
fbem-29600	121	48	ta	ta	ADP
fbem-29600	121	49	l	l	PROPN
fbem-29600	121	50	fi	fi	NOUN
fbem-29600	122	1	x	x	INTJ
fbem-29600	122	2	ed	ed	NOUN
fbem-29600	122	3	a	a	DET
fbem-29600	122	4	ss	ss	NOUN
fbem-29600	122	5	et	et	NOUN
fbem-29600	123	1	i	i	PRON
fbem-29600	123	2	n	n	PROPN
fbem-29600	123	3	v	v	VERB
fbem-29600	123	4	es	es	VERB
fbem-29600	123	5	tm	tm	PROPN
fbem-29600	123	6	en	en	PROPN
fbem-29600	123	7	t	t	PROPN
fbem-29600	123	8	(	(	PUNCT
fbem-29600	123	9	t	t	PROPN
fbem-29600	123	10	ri	ri	PROPN
fbem-29600	123	11	ll	ll	PROPN
fbem-29600	123	12	io	io	PROPN
fbem-29600	123	13	n	n	PROPN
fbem-29600	123	14	s	s	PART
fbem-29600	123	15	o	o	X
fbem-29600	123	16	f	f	X
fbem-29600	123	17	y	y	PROPN
fbem-29600	123	18	u	u	PROPN
fbem-29600	123	19	an	an	PRON
fbem-29600	123	20	)	)	PUNCT
fbem-29600	123	21	118	118	NUM
fbem-29600	123	22	reduction	reduction	NOUN
fbem-29600	123	23	of	of	ADP
fbem-29600	123	24	social	social	ADJ
fbem-29600	123	25	security	security	NOUN
fbem-29600	123	26	fees	fee	NOUN
fbem-29600	123	27	have	have	AUX
fbem-29600	123	28	increased	increase	VERB
fbem-29600	123	29	the	the	DET
fbem-29600	123	30	disposable	disposable	ADJ
fbem-29600	123	31	income	income	NOUN
fbem-29600	123	32	of	of	ADP
fbem-29600	123	33	the	the	DET
fbem-29600	123	34	residents	resident	NOUN
fbem-29600	123	35	and	and	CCONJ
fbem-29600	123	36	improved	improve	VERB
fbem-29600	123	37	their	their	PRON
fbem-29600	123	38	consumption	consumption	NOUN
fbem-29600	123	39	ability	ability	NOUN
fbem-29600	123	40	,	,	PUNCT
fbem-29600	123	41	and	and	CCONJ
fbem-29600	123	42	the	the	DET
fbem-29600	123	43	reduction	reduction	NOUN
fbem-29600	123	44	of	of	ADP
fbem-29600	123	45	social	social	ADJ
fbem-29600	123	46	security	security	NOUN
fbem-29600	123	47	fees	fee	NOUN
fbem-29600	123	48	has	have	AUX
fbem-29600	123	49	lowered	lower	VERB
fbem-29600	123	50	the	the	DET
fbem-29600	123	51	labor	labor	NOUN
fbem-29600	123	52	cost	cost	NOUN
fbem-29600	123	53	of	of	ADP
fbem-29600	123	54	enterprises	enterprise	NOUN
fbem-29600	123	55	,	,	PUNCT
fbem-29600	123	56	encouraging	encourage	VERB
fbem-29600	123	57	them	they	PRON
fbem-29600	123	58	to	to	PART
fbem-29600	123	59	expand	expand	VERB
fbem-29600	123	60	the	the	DET
fbem-29600	123	61	scale	scale	NOUN
fbem-29600	123	62	of	of	ADP
fbem-29600	123	63	employment	employment	NOUN
fbem-29600	123	64	,	,	PUNCT
fbem-29600	123	65	and	and	CCONJ
fbem-29600	123	66	consumption	consumption	NOUN
fbem-29600	123	67	has	have	AUX
fbem-29600	123	68	been	be	AUX
fbem-29600	123	69	steadily	steadily	ADV
fbem-29600	123	70	rising	rise	VERB
fbem-29600	123	71	.	.	PUNCT
fbem-29600	124	1	in	in	ADP
fbem-29600	124	2	terms	term	NOUN
fbem-29600	124	3	of	of	ADP
fbem-29600	124	4	investment	investment	NOUN
fbem-29600	124	5	,	,	PUNCT
fbem-29600	124	6	the	the	DET
fbem-29600	124	7	growth	growth	NOUN
fbem-29600	124	8	rate	rate	NOUN
fbem-29600	124	9	of	of	ADP
fbem-29600	124	10	private	private	ADJ
fbem-29600	124	11	sector	sector	NOUN
fbem-29600	124	12	investment	investment	NOUN
fbem-29600	124	13	declined	decline	VERB
fbem-29600	124	14	markedly	markedly	ADV
fbem-29600	124	15	after	after	ADP
fbem-29600	124	16	the	the	DET
fbem-29600	124	17	tax	tax	NOUN
fbem-29600	124	18	reduction	reduction	NOUN
fbem-29600	124	19	policy	policy	NOUN
fbem-29600	124	20	,	,	PUNCT
fbem-29600	124	21	and	and	CCONJ
fbem-29600	124	22	there	there	PRON
fbem-29600	124	23	is	be	VERB
fbem-29600	124	24	a	a	DET
fbem-29600	124	25	possibility	possibility	NOUN
fbem-29600	124	26	of	of	ADP
fbem-29600	124	27	fiscal	fiscal	ADJ
fbem-29600	124	28	crowding	crowding	NOUN
fbem-29600	124	29	out	out	ADP
fbem-29600	124	30	.	.	PUNCT
fbem-29600	125	1	overall	overall	ADV
fbem-29600	125	2	,	,	PUNCT
fbem-29600	125	3	these	these	DET
fbem-29600	125	4	tax	tax	NOUN
fbem-29600	125	5	and	and	CCONJ
fbem-29600	125	6	fee	fee	NOUN
fbem-29600	125	7	reduction	reduction	NOUN
fbem-29600	125	8	policies	policy	NOUN
fbem-29600	125	9	have	have	AUX
fbem-29600	125	10	injected	inject	VERB
fbem-29600	125	11	vitality	vitality	NOUN
fbem-29600	125	12	into	into	ADP
fbem-29600	125	13	economic	economic	ADJ
fbem-29600	125	14	development	development	NOUN
fbem-29600	125	15	,	,	PUNCT
fbem-29600	125	16	raised	raise	VERB
fbem-29600	125	17	the	the	DET
fbem-29600	125	18	income	income	NOUN
fbem-29600	125	19	levels	level	NOUN
fbem-29600	125	20	of	of	ADP
fbem-29600	125	21	enterprises	enterprise	NOUN
fbem-29600	125	22	and	and	CCONJ
fbem-29600	125	23	residents	resident	NOUN
fbem-29600	125	24	,	,	PUNCT
fbem-29600	125	25	and	and	CCONJ
fbem-29600	125	26	promoted	promote	VERB
fbem-29600	125	27	growth	growth	NOUN
fbem-29600	125	28	in	in	ADP
fbem-29600	125	29	consumption	consumption	NOUN
fbem-29600	125	30	,	,	PUNCT
fbem-29600	125	31	which	which	PRON
fbem-29600	125	32	in	in	ADP
fbem-29600	125	33	turn	turn	NOUN
fbem-29600	125	34	has	have	AUX
fbem-29600	125	35	contributed	contribute	VERB
fbem-29600	125	36	to	to	ADP
fbem-29600	125	37	the	the	DET
fbem-29600	125	38	stabilization	stabilization	NOUN
fbem-29600	125	39	of	of	ADP
fbem-29600	125	40	the	the	DET
fbem-29600	125	41	economy	economy	NOUN
fbem-29600	125	42	and	and	CCONJ
fbem-29600	125	43	the	the	DET
fbem-29600	125	44	optimization	optimization	NOUN
fbem-29600	125	45	of	of	ADP
fbem-29600	125	46	its	its	PRON
fbem-29600	125	47	structure	structure	NOUN
fbem-29600	125	48	.	.	PUNCT
fbem-29600	126	1	the	the	DET
fbem-29600	126	2	tax	tax	NOUN
fbem-29600	126	3	and	and	CCONJ
fbem-29600	126	4	fee	fee	NOUN
fbem-29600	126	5	reduction	reduction	NOUN
fbem-29600	126	6	policies	policy	NOUN
fbem-29600	126	7	have	have	AUX
fbem-29600	126	8	also	also	ADV
fbem-29600	126	9	helped	help	VERB
fbem-29600	126	10	to	to	PART
fbem-29600	126	11	improve	improve	VERB
fbem-29600	126	12	the	the	DET
fbem-29600	126	13	business	business	NOUN
fbem-29600	126	14	environment	environment	NOUN
fbem-29600	126	15	,	,	PUNCT
fbem-29600	126	16	promoting	promote	VERB
fbem-29600	126	17	enterprise	enterprise	NOUN
fbem-29600	126	18	development	development	NOUN
fbem-29600	126	19	and	and	CCONJ
fbem-29600	126	20	industrial	industrial	ADJ
fbem-29600	126	21	upgrading	upgrading	NOUN
fbem-29600	126	22	.	.	PUNCT
fbem-29600	127	1	of	of	ADP
fbem-29600	127	2	course	course	NOUN
fbem-29600	127	3	,	,	PUNCT
fbem-29600	127	4	the	the	DET
fbem-29600	127	5	tax	tax	NOUN
fbem-29600	127	6	and	and	CCONJ
fbem-29600	127	7	fee	fee	NOUN
fbem-29600	127	8	reduction	reduction	NOUN
fbem-29600	127	9	policy	policy	NOUN
fbem-29600	127	10	may	may	AUX
fbem-29600	127	11	also	also	ADV
fbem-29600	127	12	have	have	VERB
fbem-29600	127	13	an	an	DET
fbem-29600	127	14	impact	impact	NOUN
fbem-29600	127	15	on	on	ADP
fbem-29600	127	16	other	other	ADJ
fbem-29600	127	17	aspects	aspect	NOUN
fbem-29600	127	18	of	of	ADP
fbem-29600	127	19	the	the	DET
fbem-29600	127	20	economy	economy	NOUN
fbem-29600	127	21	,	,	PUNCT
fbem-29600	127	22	such	such	ADJ
fbem-29600	127	23	as	as	ADP
fbem-29600	127	24	promoting	promote	VERB
fbem-29600	127	25	innovation	innovation	NOUN
fbem-29600	127	26	and	and	CCONJ
fbem-29600	127	27	scientific	scientific	ADJ
fbem-29600	127	28	and	and	CCONJ
fbem-29600	127	29	technological	technological	ADJ
fbem-29600	127	30	development	development	NOUN
fbem-29600	127	31	,	,	PUNCT
fbem-29600	127	32	the	the	DET
fbem-29600	127	33	tax	tax	NOUN
fbem-29600	127	34	and	and	CCONJ
fbem-29600	127	35	fee	fee	NOUN
fbem-29600	127	36	reduction	reduction	NOUN
fbem-29600	127	37	policy	policy	NOUN
fbem-29600	127	38	provides	provide	VERB
fbem-29600	127	39	more	more	ADJ
fbem-29600	127	40	financial	financial	ADJ
fbem-29600	127	41	support	support	NOUN
fbem-29600	127	42	and	and	CCONJ
fbem-29600	127	43	economic	economic	ADJ
fbem-29600	127	44	incentives	incentive	NOUN
fbem-29600	127	45	,	,	PUNCT
fbem-29600	127	46	encourages	encourage	VERB
fbem-29600	127	47	enterprises	enterprise	NOUN
fbem-29600	127	48	to	to	PART
fbem-29600	127	49	increase	increase	VERB
fbem-29600	127	50	their	their	PRON
fbem-29600	127	51	investment	investment	NOUN
fbem-29600	127	52	in	in	ADP
fbem-29600	127	53	research	research	NOUN
fbem-29600	127	54	and	and	CCONJ
fbem-29600	127	55	development	development	NOUN
fbem-29600	127	56	and	and	CCONJ
fbem-29600	127	57	innovation	innovation	NOUN
fbem-29600	127	58	,	,	PUNCT
fbem-29600	127	59	and	and	CCONJ
fbem-29600	127	60	promotes	promote	VERB
fbem-29600	127	61	scientific	scientific	ADJ
fbem-29600	127	62	and	and	CCONJ
fbem-29600	127	63	technological	technological	ADJ
fbem-29600	127	64	progress	progress	NOUN
fbem-29600	127	65	and	and	CCONJ
fbem-29600	127	66	technological	technological	ADJ
fbem-29600	127	67	upgrading	upgrading	NOUN
fbem-29600	127	68	;	;	PUNCT
fbem-29600	127	69	promoting	promote	VERB
fbem-29600	127	70	the	the	DET
fbem-29600	127	71	balance	balance	NOUN
fbem-29600	127	72	of	of	ADP
fbem-29600	127	73	the	the	DET
fbem-29600	127	74	regional	regional	ADJ
fbem-29600	127	75	economy	economy	NOUN
fbem-29600	127	76	,	,	PUNCT
fbem-29600	127	77	the	the	DET
fbem-29600	127	78	tax	tax	NOUN
fbem-29600	127	79	and	and	CCONJ
fbem-29600	127	80	fee	fee	NOUN
fbem-29600	127	81	reduction	reduction	NOUN
fbem-29600	127	82	policy	policy	NOUN
fbem-29600	127	83	helps	help	VERB
fbem-29600	127	84	to	to	PART
fbem-29600	127	85	narrow	narrow	VERB
fbem-29600	127	86	the	the	DET
fbem-29600	127	87	tax	tax	NOUN
fbem-29600	127	88	gap	gap	NOUN
fbem-29600	127	89	between	between	ADP
fbem-29600	127	90	regions	region	NOUN
fbem-29600	127	91	,	,	PUNCT
fbem-29600	127	92	promotes	promote	VERB
fbem-29600	127	93	the	the	DET
fbem-29600	127	94	balanced	balanced	ADJ
fbem-29600	127	95	development	development	NOUN
fbem-29600	127	96	of	of	ADP
fbem-29600	127	97	the	the	DET
fbem-29600	127	98	regional	regional	ADJ
fbem-29600	127	99	economy	economy	NOUN
fbem-29600	127	100	,	,	PUNCT
fbem-29600	127	101	and	and	CCONJ
fbem-29600	127	102	it	it	PRON
fbem-29600	127	103	reduces	reduce	VERB
fbem-29600	127	104	competitive	competitive	ADJ
fbem-29600	127	105	imbalance	imbalance	NOUN
fbem-29600	127	106	between	between	ADP
fbem-29600	127	107	regions	region	NOUN
fbem-29600	127	108	;	;	PUNCT
fbem-29600	127	109	and	and	CCONJ
fbem-29600	127	110	enhances	enhance	VERB
fbem-29600	127	111	people	people	NOUN
fbem-29600	127	112	's	's	PART
fbem-29600	127	113	welfare	welfare	NOUN
fbem-29600	127	114	.	.	PUNCT
fbem-29600	128	1	the	the	DET
fbem-29600	128	2	tax	tax	NOUN
fbem-29600	128	3	and	and	CCONJ
fbem-29600	128	4	fee	fee	NOUN
fbem-29600	128	5	reduction	reduction	NOUN
fbem-29600	128	6	policy	policy	NOUN
fbem-29600	128	7	reduces	reduce	VERB
fbem-29600	128	8	the	the	DET
fbem-29600	128	9	tax	tax	NOUN
fbem-29600	128	10	burden	burden	NOUN
fbem-29600	128	11	and	and	CCONJ
fbem-29600	128	12	social	social	ADJ
fbem-29600	128	13	security	security	NOUN
fbem-29600	128	14	contribution	contribution	NOUN
fbem-29600	128	15	pressure	pressure	NOUN
fbem-29600	128	16	on	on	ADP
fbem-29600	128	17	residents	resident	NOUN
fbem-29600	128	18	,	,	PUNCT
fbem-29600	128	19	raises	raise	VERB
fbem-29600	128	20	their	their	PRON
fbem-29600	128	21	income	income	NOUN
fbem-29600	128	22	level	level	NOUN
fbem-29600	128	23	,	,	PUNCT
fbem-29600	128	24	and	and	CCONJ
fbem-29600	128	25	improves	improve	VERB
fbem-29600	128	26	people	people	NOUN
fbem-29600	128	27	's	's	PART
fbem-29600	128	28	welfare	welfare	NOUN
fbem-29600	128	29	.	.	PUNCT
fbem-29600	129	1	based	base	VERB
fbem-29600	129	2	on	on	ADP
fbem-29600	129	3	the	the	DET
fbem-29600	129	4	analysis	analysis	NOUN
fbem-29600	129	5	of	of	ADP
fbem-29600	129	6	the	the	DET
fbem-29600	129	7	effects	effect	NOUN
fbem-29600	129	8	of	of	ADP
fbem-29600	129	9	tax	tax	NOUN
fbem-29600	129	10	cuts	cut	NOUN
fbem-29600	129	11	and	and	CCONJ
fbem-29600	129	12	fee	fee	NOUN
fbem-29600	129	13	reductions	reduction	NOUN
fbem-29600	129	14	,	,	PUNCT
fbem-29600	129	15	this	this	DET
fbem-29600	129	16	paper	paper	NOUN
fbem-29600	129	17	puts	put	VERB
fbem-29600	129	18	forward	forward	ADV
fbem-29600	129	19	some	some	DET
fbem-29600	129	20	policy	policy	NOUN
fbem-29600	129	21	suggestions	suggestion	NOUN
fbem-29600	129	22	for	for	ADP
fbem-29600	129	23	reference	reference	NOUN
fbem-29600	129	24	.	.	PUNCT
fbem-29600	130	1	first	first	ADV
fbem-29600	130	2	,	,	PUNCT
fbem-29600	130	3	while	while	SCONJ
fbem-29600	130	4	using	use	VERB
fbem-29600	130	5	tax	tax	NOUN
fbem-29600	130	6	cuts	cut	NOUN
fbem-29600	130	7	as	as	ADP
fbem-29600	130	8	a	a	DET
fbem-29600	130	9	fiscal	fiscal	ADJ
fbem-29600	130	10	policy	policy	NOUN
fbem-29600	130	11	tool	tool	NOUN
fbem-29600	130	12	to	to	PART
fbem-29600	130	13	act	act	VERB
fbem-29600	130	14	against	against	ADP
fbem-29600	130	15	the	the	DET
fbem-29600	130	16	economic	economic	ADJ
fbem-29600	130	17	winds	wind	NOUN
fbem-29600	130	18	,	,	PUNCT
fbem-29600	130	19	monetary	monetary	ADJ
fbem-29600	130	20	policy	policy	NOUN
fbem-29600	130	21	can	can	AUX
fbem-29600	130	22	be	be	AUX
fbem-29600	130	23	combined	combine	VERB
fbem-29600	130	24	with	with	ADP
fbem-29600	130	25	a	a	DET
fbem-29600	130	26	concerted	concerted	ADJ
fbem-29600	130	27	effort	effort	NOUN
fbem-29600	130	28	to	to	PART
fbem-29600	130	29	prevent	prevent	VERB
fbem-29600	130	30	interest	interest	NOUN
fbem-29600	130	31	rates	rate	NOUN
fbem-29600	130	32	from	from	ADP
fbem-29600	130	33	rising	rise	VERB
fbem-29600	130	34	and	and	CCONJ
fbem-29600	130	35	leading	lead	VERB
fbem-29600	130	36	to	to	ADP
fbem-29600	130	37	the	the	DET
fbem-29600	130	38	crowding	crowd	VERB
fbem-29600	130	39	out	out	ADP
fbem-29600	130	40	of	of	ADP
fbem-29600	130	41	a	a	DET
fbem-29600	130	42	portion	portion	NOUN
fbem-29600	130	43	of	of	ADP
fbem-29600	130	44	private	private	ADJ
fbem-29600	130	45	-	-	PUNCT
fbem-29600	130	46	sector	sector	NOUN
fbem-29600	130	47	investment	investment	NOUN
fbem-29600	130	48	,	,	PUNCT
fbem-29600	130	49	thus	thus	ADV
fbem-29600	130	50	bringing	bring	VERB
fbem-29600	130	51	about	about	ADP
fbem-29600	130	52	greater	great	ADJ
fbem-29600	130	53	output	output	NOUN
fbem-29600	130	54	effects	effect	NOUN
fbem-29600	130	55	to	to	ADP
fbem-29600	130	56	a	a	DET
fbem-29600	130	57	greater	great	ADJ
fbem-29600	130	58	extent	extent	NOUN
fbem-29600	130	59	.	.	PUNCT
fbem-29600	131	1	in	in	ADP
fbem-29600	131	2	recent	recent	ADJ
fbem-29600	131	3	years	year	NOUN
fbem-29600	131	4	,	,	PUNCT
fbem-29600	131	5	in	in	ADP
fbem-29600	131	6	response	response	NOUN
fbem-29600	131	7	to	to	ADP
fbem-29600	131	8	internal	internal	ADJ
fbem-29600	131	9	and	and	CCONJ
fbem-29600	131	10	external	external	ADJ
fbem-29600	131	11	shocks	shock	NOUN
fbem-29600	131	12	,	,	PUNCT
fbem-29600	131	13	a	a	DET
fbem-29600	131	14	package	package	NOUN
fbem-29600	131	15	of	of	ADP
fbem-29600	131	16	monetary	monetary	ADJ
fbem-29600	131	17	and	and	CCONJ
fbem-29600	131	18	financial	financial	ADJ
fbem-29600	131	19	policies	policy	NOUN
fbem-29600	131	20	,	,	PUNCT
fbem-29600	131	21	in	in	ADP
fbem-29600	131	22	accordance	accordance	NOUN
fbem-29600	131	23	with	with	ADP
fbem-29600	131	24	the	the	DET
fbem-29600	131	25	overall	overall	ADJ
fbem-29600	131	26	idea	idea	NOUN
fbem-29600	131	27	of	of	ADP
fbem-29600	131	28	"	"	PUNCT
fbem-29600	131	29	stabilizing	stabilize	VERB
fbem-29600	131	30	the	the	DET
fbem-29600	131	31	stock	stock	NOUN
fbem-29600	131	32	,	,	PUNCT
fbem-29600	131	33	expanding	expand	VERB
fbem-29600	131	34	the	the	DET
fbem-29600	131	35	incremental	incremental	ADJ
fbem-29600	131	36	volume	volume	NOUN
fbem-29600	131	37	,	,	PUNCT
fbem-29600	131	38	lowering	lower	VERB
fbem-29600	131	39	the	the	DET
fbem-29600	131	40	cost	cost	NOUN
fbem-29600	131	41	,	,	PUNCT
fbem-29600	131	42	and	and	CCONJ
fbem-29600	131	43	promoting	promote	VERB
fbem-29600	131	44	openness	openness	NOUN
fbem-29600	131	45	"	"	PUNCT
fbem-29600	131	46	,	,	PUNCT
fbem-29600	131	47	has	have	AUX
fbem-29600	131	48	strengthened	strengthen	VERB
fbem-29600	131	49	the	the	DET
fbem-29600	131	50	policy	policy	NOUN
fbem-29600	131	51	guidance	guidance	NOUN
fbem-29600	131	52	,	,	PUNCT
fbem-29600	131	53	given	give	VERB
fbem-29600	131	54	play	play	NOUN
fbem-29600	131	55	to	to	ADP
fbem-29600	131	56	the	the	DET
fbem-29600	131	57	role	role	NOUN
fbem-29600	131	58	of	of	ADP
fbem-29600	131	59	the	the	DET
fbem-29600	131	60	market	market	NOUN
fbem-29600	131	61	,	,	PUNCT
fbem-29600	131	62	and	and	CCONJ
fbem-29600	131	63	promptly	promptly	ADV
fbem-29600	131	64	and	and	CCONJ
fbem-29600	131	65	accurately	accurately	ADV
fbem-29600	131	66	benefited	benefit	VERB
fbem-29600	131	67	the	the	DET
fbem-29600	131	68	stricken	stricken	VERB
fbem-29600	131	69	groups	group	NOUN
fbem-29600	131	70	and	and	CCONJ
fbem-29600	131	71	key	key	ADJ
fbem-29600	131	72	areas	area	NOUN
fbem-29600	131	73	,	,	PUNCT
fbem-29600	131	74	and	and	CCONJ
fbem-29600	131	75	helped	help	VERB
fbem-29600	131	76	to	to	PART
fbem-29600	131	77	stabilize	stabilize	VERB
fbem-29600	131	78	the	the	DET
fbem-29600	131	79	economy	economy	NOUN
fbem-29600	131	80	in	in	ADP
fbem-29600	131	81	a	a	DET
fbem-29600	131	82	broader	broad	ADJ
fbem-29600	131	83	context	context	NOUN
fbem-29600	131	84	.	.	PUNCT
fbem-29600	132	1	focusing	focus	VERB
fbem-29600	132	2	on	on	ADP
fbem-29600	132	3	market	market	NOUN
fbem-29600	132	4	players	player	NOUN
fbem-29600	132	5	,	,	PUNCT
fbem-29600	132	6	we	we	PRON
fbem-29600	132	7	encourage	encourage	VERB
fbem-29600	132	8	loans	loan	NOUN
fbem-29600	132	9	to	to	ADP
fbem-29600	132	10	micro	micro	PROPN
fbem-29600	132	11	,	,	PUNCT
fbem-29600	132	12	small	small	ADJ
fbem-29600	132	13	and	and	CCONJ
fbem-29600	132	14	medium	medium	ADJ
fbem-29600	132	15	-	-	PUNCT
fbem-29600	132	16	sized	sized	ADJ
fbem-29600	132	17	enterprises	enterprise	NOUN
fbem-29600	132	18	and	and	CCONJ
fbem-29600	132	19	individual	individual	ADJ
fbem-29600	132	20	businessmen	businessman	NOUN
fbem-29600	132	21	,	,	PUNCT
fbem-29600	132	22	truck	truck	NOUN
fbem-29600	132	23	drivers	driver	NOUN
fbem-29600	132	24	,	,	PUNCT
fbem-29600	132	25	as	as	ADV
fbem-29600	132	26	well	well	ADV
fbem-29600	132	27	as	as	ADP
fbem-29600	132	28	individual	individual	ADJ
fbem-29600	132	29	housing	housing	NOUN
fbem-29600	132	30	and	and	CCONJ
fbem-29600	132	31	consumer	consumer	NOUN
fbem-29600	132	32	loans	loan	NOUN
fbem-29600	132	33	affected	affect	VERB
fbem-29600	132	34	by	by	ADP
fbem-29600	132	35	the	the	DET
fbem-29600	132	36	epidemic	epidemic	NOUN
fbem-29600	132	37	,	,	PUNCT
fbem-29600	132	38	and	and	CCONJ
fbem-29600	132	39	innovate	innovate	VERB
fbem-29600	132	40	and	and	CCONJ
fbem-29600	132	41	optimize	optimize	VERB
fbem-29600	132	42	commercial	commercial	ADJ
fbem-29600	132	43	bills	bill	NOUN
fbem-29600	132	44	of	of	ADP
fbem-29600	132	45	exchange	exchange	NOUN
fbem-29600	132	46	,	,	PUNCT
fbem-29600	132	47	accounts	account	VERB
fbem-29600	132	48	receivable	receivable	ADJ
fbem-29600	132	49	financing	financing	NOUN
fbem-29600	132	50	,	,	PUNCT
fbem-29600	132	51	financing	financing	NOUN
fbem-29600	132	52	guarantees	guarantee	NOUN
fbem-29600	132	53	,	,	PUNCT
fbem-29600	132	54	and	and	CCONJ
fbem-29600	132	55	other	other	ADJ
fbem-29600	132	56	means	mean	NOUN
fbem-29600	132	57	to	to	PART
fbem-29600	132	58	increase	increase	VERB
fbem-29600	132	59	support	support	NOUN
fbem-29600	132	60	for	for	ADP
fbem-29600	132	61	micro	micro	ADJ
fbem-29600	132	62	and	and	CCONJ
fbem-29600	132	63	medium	medium	ADJ
fbem-29600	132	64	-	-	PUNCT
fbem-29600	132	65	sized	sized	ADJ
fbem-29600	132	66	enterprise	enterprise	NOUN
fbem-29600	132	67	financing	financing	NOUN
fbem-29600	132	68	;	;	PUNCT
fbem-29600	132	69	focusing	focus	VERB
fbem-29600	132	70	on	on	ADP
fbem-29600	132	71	effective	effective	ADJ
fbem-29600	132	72	investment	investment	NOUN
fbem-29600	132	73	,	,	PUNCT
fbem-29600	132	74	we	we	PRON
fbem-29600	132	75	will	will	AUX
fbem-29600	132	76	continue	continue	VERB
fbem-29600	132	77	to	to	PART
fbem-29600	132	78	guide	guide	VERB
fbem-29600	132	79	financial	financial	ADJ
fbem-29600	132	80	institutions	institution	NOUN
fbem-29600	132	81	to	to	PART
fbem-29600	132	82	enhance	enhance	VERB
fbem-29600	132	83	the	the	DET
fbem-29600	132	84	stability	stability	NOUN
fbem-29600	132	85	of	of	ADP
fbem-29600	132	86	the	the	DET
fbem-29600	132	87	total	total	ADJ
fbem-29600	132	88	growth	growth	NOUN
fbem-29600	132	89	of	of	ADP
fbem-29600	132	90	credit	credit	NOUN
fbem-29600	132	91	,	,	PUNCT
fbem-29600	132	92	and	and	CCONJ
fbem-29600	132	93	through	through	ADP
fbem-29600	132	94	the	the	DET
fbem-29600	132	95	establishment	establishment	NOUN
fbem-29600	132	96	of	of	ADP
fbem-29600	132	97	the	the	DET
fbem-29600	132	98	government	government	NOUN
fbem-29600	132	99	-	-	PUNCT
fbem-29600	132	100	bank	bank	NOUN
fbem-29600	132	101	-	-	PUNCT
fbem-29600	132	102	enterprise	enterprise	NOUN
fbem-29600	132	103	docking	docking	NOUN
fbem-29600	132	104	mechanism	mechanism	NOUN
fbem-29600	132	105	;	;	PUNCT
fbem-29600	132	106	focusing	focus	VERB
fbem-29600	132	107	on	on	ADP
fbem-29600	132	108	lowering	lower	VERB
fbem-29600	132	109	the	the	DET
fbem-29600	132	110	cost	cost	NOUN
fbem-29600	132	111	of	of	ADP
fbem-29600	132	112	financing	financing	NOUN
fbem-29600	132	113	.	.	PUNCT
fbem-29600	133	1	financing	financing	NOUN
fbem-29600	133	2	costs	cost	NOUN
fbem-29600	133	3	.	.	PUNCT
fbem-29600	134	1	the	the	DET
fbem-29600	134	2	effective	effective	ADJ
fbem-29600	134	3	combination	combination	NOUN
fbem-29600	134	4	of	of	ADP
fbem-29600	134	5	monetary	monetary	ADJ
fbem-29600	134	6	and	and	CCONJ
fbem-29600	134	7	fiscal	fiscal	ADJ
fbem-29600	134	8	policies	policy	NOUN
fbem-29600	134	9	can	can	AUX
fbem-29600	134	10	play	play	VERB
fbem-29600	134	11	a	a	DET
fbem-29600	134	12	better	well	ADJ
fbem-29600	134	13	role	role	NOUN
fbem-29600	134	14	.	.	PUNCT
fbem-29600	135	1	secondly	secondly	ADV
fbem-29600	135	2	,	,	PUNCT
fbem-29600	135	3	although	although	SCONJ
fbem-29600	135	4	the	the	DET
fbem-29600	135	5	policy	policy	NOUN
fbem-29600	135	6	of	of	ADP
fbem-29600	135	7	reducing	reduce	VERB
fbem-29600	135	8	taxes	taxis	NOUN
fbem-29600	135	9	and	and	CCONJ
fbem-29600	135	10	fees	fee	NOUN
fbem-29600	135	11	has	have	VERB
fbem-29600	135	12	a	a	DET
fbem-29600	135	13	positive	positive	ADJ
fbem-29600	135	14	stimulating	stimulating	ADJ
fbem-29600	135	15	effect	effect	NOUN
fbem-29600	135	16	on	on	ADP
fbem-29600	135	17	the	the	DET
fbem-29600	135	18	economy	economy	NOUN
fbem-29600	135	19	in	in	ADP
fbem-29600	135	20	the	the	DET
fbem-29600	135	21	short	short	ADJ
fbem-29600	135	22	term	term	NOUN
fbem-29600	135	23	,	,	PUNCT
fbem-29600	135	24	it	it	PRON
fbem-29600	135	25	may	may	AUX
fbem-29600	135	26	also	also	ADV
fbem-29600	135	27	have	have	VERB
fbem-29600	135	28	a	a	DET
fbem-29600	135	29	certain	certain	ADJ
fbem-29600	135	30	impact	impact	NOUN
fbem-29600	135	31	on	on	ADP
fbem-29600	135	32	fiscal	fiscal	ADJ
fbem-29600	135	33	revenues	revenue	NOUN
fbem-29600	135	34	,	,	PUNCT
fbem-29600	135	35	and	and	CCONJ
fbem-29600	135	36	there	there	PRON
fbem-29600	135	37	is	be	VERB
fbem-29600	135	38	a	a	DET
fbem-29600	135	39	need	need	NOUN
fbem-29600	135	40	to	to	PART
fbem-29600	135	41	balance	balance	VERB
fbem-29600	135	42	fiscal	fiscal	ADJ
fbem-29600	135	43	revenues	revenue	NOUN
fbem-29600	135	44	and	and	CCONJ
fbem-29600	135	45	expenditures	expenditure	NOUN
fbem-29600	135	46	.	.	PUNCT
fbem-29600	136	1	ongoing	ongoing	ADJ
fbem-29600	136	2	large	large	ADJ
fbem-29600	136	3	-	-	PUNCT
fbem-29600	136	4	scale	scale	NOUN
fbem-29600	136	5	tax	tax	NOUN
fbem-29600	136	6	cuts	cut	NOUN
fbem-29600	136	7	and	and	CCONJ
fbem-29600	136	8	fee	fee	NOUN
fbem-29600	136	9	reductions	reduction	NOUN
fbem-29600	136	10	have	have	AUX
fbem-29600	136	11	led	lead	VERB
fbem-29600	136	12	to	to	ADP
fbem-29600	136	13	a	a	DET
fbem-29600	136	14	reduction	reduction	NOUN
fbem-29600	136	15	in	in	ADP
fbem-29600	136	16	the	the	DET
fbem-29600	136	17	policy	policy	NOUN
fbem-29600	136	18	space	space	NOUN
fbem-29600	136	19	for	for	ADP
fbem-29600	136	20	tax	tax	NOUN
fbem-29600	136	21	cuts	cut	NOUN
fbem-29600	136	22	and	and	CCONJ
fbem-29600	136	23	fee	fee	NOUN
fbem-29600	136	24	reductions	reduction	NOUN
fbem-29600	136	25	,	,	PUNCT
fbem-29600	136	26	and	and	CCONJ
fbem-29600	136	27	there	there	PRON
fbem-29600	136	28	is	be	VERB
fbem-29600	136	29	limited	limited	ADJ
fbem-29600	136	30	space	space	NOUN
fbem-29600	136	31	for	for	ADP
fbem-29600	136	32	the	the	DET
fbem-29600	136	33	decline	decline	NOUN
fbem-29600	136	34	in	in	ADP
fbem-29600	136	35	the	the	DET
fbem-29600	136	36	tax	tax	NOUN
fbem-29600	136	37	burden	burden	NOUN
fbem-29600	136	38	,	,	PUNCT
fbem-29600	136	39	coupled	couple	VERB
fbem-29600	136	40	with	with	ADP
fbem-29600	136	41	the	the	DET
fbem-29600	136	42	impact	impact	NOUN
fbem-29600	136	43	of	of	ADP
fbem-29600	136	44	multiple	multiple	ADJ
fbem-29600	136	45	factors	factor	NOUN
fbem-29600	136	46	such	such	ADJ
fbem-29600	136	47	as	as	ADP
fbem-29600	136	48	epidemics	epidemic	NOUN
fbem-29600	136	49	and	and	CCONJ
fbem-29600	136	50	other	other	ADJ
fbem-29600	136	51	factors	factor	NOUN
fbem-29600	136	52	,	,	PUNCT
fbem-29600	136	53	a	a	DET
fbem-29600	136	54	tight	tight	ADJ
fbem-29600	136	55	fiscal	fiscal	ADJ
fbem-29600	136	56	balance	balance	NOUN
fbem-29600	136	57	has	have	AUX
fbem-29600	136	58	been	be	AUX
fbem-29600	136	59	the	the	DET
fbem-29600	136	60	norm	norm	NOUN
fbem-29600	136	61	,	,	PUNCT
fbem-29600	136	62	and	and	CCONJ
fbem-29600	136	63	the	the	DET
fbem-29600	136	64	risk	risk	NOUN
fbem-29600	136	65	of	of	ADP
fbem-29600	136	66	fiscal	fiscal	ADJ
fbem-29600	136	67	operations	operation	NOUN
fbem-29600	136	68	in	in	ADP
fbem-29600	136	69	some	some	DET
fbem-29600	136	70	localities	locality	NOUN
fbem-29600	136	71	is	be	AUX
fbem-29600	136	72	increasing	increase	VERB
fbem-29600	136	73	,	,	PUNCT
fbem-29600	136	74	and	and	CCONJ
fbem-29600	136	75	subject	subject	ADJ
fbem-29600	136	76	to	to	ADP
fbem-29600	136	77	the	the	DET
fbem-29600	136	78	pressures	pressure	NOUN
fbem-29600	136	79	of	of	ADP
fbem-29600	136	80	economic	economic	ADJ
fbem-29600	136	81	operations	operation	NOUN
fbem-29600	136	82	as	as	ADV
fbem-29600	136	83	well	well	ADV
fbem-29600	136	84	as	as	ADP
fbem-29600	136	85	the	the	DET
fbem-29600	136	86	contradictory	contradictory	ADJ
fbem-29600	136	87	constraints	constraint	NOUN
fbem-29600	136	88	on	on	ADP
fbem-29600	136	89	fiscal	fiscal	ADJ
fbem-29600	136	90	revenues	revenue	NOUN
fbem-29600	136	91	and	and	CCONJ
fbem-29600	136	92	expenditures	expenditure	NOUN
fbem-29600	136	93	,	,	PUNCT
fbem-29600	136	94	there	there	PRON
fbem-29600	136	95	is	be	VERB
fbem-29600	136	96	limited	limited	ADJ
fbem-29600	136	97	space	space	NOUN
fbem-29600	136	98	for	for	ADP
fbem-29600	136	99	tax	tax	NOUN
fbem-29600	136	100	cuts	cut	NOUN
fbem-29600	136	101	and	and	CCONJ
fbem-29600	136	102	fee	fee	NOUN
fbem-29600	136	103	reductions	reduction	NOUN
fbem-29600	136	104	to	to	PART
fbem-29600	136	105	move	move	VERB
fbem-29600	136	106	forward	forward	ADV
fbem-29600	136	107	and	and	CCONJ
fbem-29600	136	108	the	the	DET
fbem-29600	136	109	need	need	NOUN
fbem-29600	136	110	to	to	PART
fbem-29600	136	111	be	be	AUX
fbem-29600	136	112	careful	careful	ADJ
fbem-29600	136	113	to	to	PART
fbem-29600	136	114	prevent	prevent	VERB
fbem-29600	136	115	debt	debt	NOUN
fbem-29600	136	116	risks	risk	NOUN
fbem-29600	136	117	.	.	PUNCT
fbem-29600	137	1	in	in	ADP
fbem-29600	137	2	addition	addition	NOUN
fbem-29600	137	3	,	,	PUNCT
fbem-29600	137	4	there	there	PRON
fbem-29600	137	5	may	may	AUX
fbem-29600	137	6	be	be	AUX
fbem-29600	137	7	differences	difference	NOUN
fbem-29600	137	8	in	in	ADP
fbem-29600	137	9	the	the	DET
fbem-29600	137	10	degree	degree	NOUN
fbem-29600	137	11	of	of	ADP
fbem-29600	137	12	benefit	benefit	NOUN
fbem-29600	137	13	for	for	ADP
fbem-29600	137	14	different	different	ADJ
fbem-29600	137	15	industries	industry	NOUN
fbem-29600	137	16	and	and	CCONJ
fbem-29600	137	17	regions	region	NOUN
fbem-29600	137	18	,	,	PUNCT
fbem-29600	137	19	and	and	CCONJ
fbem-29600	137	20	the	the	DET
fbem-29600	137	21	government	government	NOUN
fbem-29600	137	22	needs	need	VERB
fbem-29600	137	23	to	to	PART
fbem-29600	137	24	further	far	ADV
fbem-29600	137	25	improve	improve	VERB
fbem-29600	137	26	its	its	PRON
fbem-29600	137	27	policies	policy	NOUN
fbem-29600	137	28	to	to	PART
fbem-29600	137	29	ensure	ensure	VERB
fbem-29600	137	30	that	that	SCONJ
fbem-29600	137	31	the	the	DET
fbem-29600	137	32	effect	effect	NOUN
fbem-29600	137	33	of	of	ADP
fbem-29600	137	34	tax	tax	NOUN
fbem-29600	137	35	and	and	CCONJ
fbem-29600	137	36	fee	fee	NOUN
fbem-29600	137	37	reduction	reduction	NOUN
fbem-29600	137	38	policies	policy	NOUN
fbem-29600	137	39	is	be	AUX
fbem-29600	137	40	maximized	maximize	VERB
fbem-29600	137	41	,	,	PUNCT
fbem-29600	137	42	combine	combine	VERB
fbem-29600	137	43	tax	tax	NOUN
fbem-29600	137	44	and	and	CCONJ
fbem-29600	137	45	fee	fee	NOUN
fbem-29600	137	46	reduction	reduction	NOUN
fbem-29600	137	47	with	with	ADP
fbem-29600	137	48	economic	economic	ADJ
fbem-29600	137	49	and	and	CCONJ
fbem-29600	137	50	social	social	ADJ
fbem-29600	137	51	development	development	NOUN
fbem-29600	137	52	trends	trend	NOUN
fbem-29600	137	53	,	,	PUNCT
fbem-29600	137	54	and	and	CCONJ
fbem-29600	137	55	promote	promote	VERB
fbem-29600	137	56	the	the	DET
fbem-29600	137	57	combination	combination	NOUN
fbem-29600	137	58	of	of	ADP
fbem-29600	137	59	tax	tax	NOUN
fbem-29600	137	60	and	and	CCONJ
fbem-29600	137	61	fee	fee	NOUN
fbem-29600	137	62	reduction	reduction	NOUN
fbem-29600	137	63	and	and	CCONJ
fbem-29600	137	64	optimization	optimization	NOUN
fbem-29600	137	65	of	of	ADP
fbem-29600	137	66	the	the	DET
fbem-29600	137	67	tax	tax	NOUN
fbem-29600	137	68	system	system	NOUN
fbem-29600	137	69	under	under	ADP
fbem-29600	137	70	the	the	DET
fbem-29600	137	71	premise	premise	NOUN
fbem-29600	137	72	of	of	ADP
fbem-29600	137	73	adhering	adhere	VERB
fbem-29600	137	74	to	to	ADP
fbem-29600	137	75	the	the	DET
fbem-29600	137	76	stability	stability	NOUN
fbem-29600	137	77	of	of	ADP
fbem-29600	137	78	the	the	DET
fbem-29600	137	79	general	general	ADJ
fbem-29600	137	80	economic	economic	ADJ
fbem-29600	137	81	situation	situation	NOUN
fbem-29600	137	82	,	,	PUNCT
fbem-29600	137	83	improving	improve	VERB
fbem-29600	137	84	the	the	DET
fbem-29600	137	85	scientific	scientific	ADJ
fbem-29600	137	86	nature	nature	NOUN
fbem-29600	137	87	of	of	ADP
fbem-29600	137	88	the	the	DET
fbem-29600	137	89	tax	tax	NOUN
fbem-29600	137	90	system	system	NOUN
fbem-29600	137	91	,	,	PUNCT
fbem-29600	137	92	optimizing	optimize	VERB
fbem-29600	137	93	the	the	DET
fbem-29600	137	94	structure	structure	NOUN
fbem-29600	137	95	of	of	ADP
fbem-29600	137	96	the	the	DET
fbem-29600	137	97	tax	tax	NOUN
fbem-29600	137	98	burden	burden	NOUN
fbem-29600	137	99	,	,	PUNCT
fbem-29600	137	100	and	and	CCONJ
fbem-29600	137	101	realizing	realize	VERB
fbem-29600	137	102	the	the	DET
fbem-29600	137	103	tax	tax	NOUN
fbem-29600	137	104	burden	burden	NOUN
fbem-29600	137	105	has	have	VERB
fbem-29600	137	106	both	both	CCONJ
fbem-29600	137	107	increases	increase	NOUN
fbem-29600	137	108	and	and	CCONJ
fbem-29600	137	109	reductions	reduction	NOUN
fbem-29600	137	110	.	.	PUNCT
fbem-29600	138	1	finally	finally	ADV
fbem-29600	138	2	,	,	PUNCT
fbem-29600	138	3	promote	promote	VERB
fbem-29600	138	4	tax	tax	NOUN
fbem-29600	138	5	and	and	CCONJ
fbem-29600	138	6	fee	fee	NOUN
fbem-29600	138	7	reductions	reduction	NOUN
fbem-29600	138	8	while	while	SCONJ
fbem-29600	138	9	upgrading	upgrade	VERB
fbem-29600	138	10	the	the	DET
fbem-29600	138	11	level	level	NOUN
fbem-29600	138	12	of	of	ADP
fbem-29600	138	13	tax	tax	NOUN
fbem-29600	138	14	collection	collection	NOUN
fbem-29600	138	15	and	and	CCONJ
fbem-29600	138	16	administration	administration	NOUN
fbem-29600	138	17	,	,	PUNCT
fbem-29600	138	18	improve	improve	VERB
fbem-29600	138	19	the	the	DET
fbem-29600	138	20	efficiency	efficiency	NOUN
fbem-29600	138	21	of	of	ADP
fbem-29600	138	22	the	the	DET
fbem-29600	138	23	use	use	NOUN
fbem-29600	138	24	of	of	ADP
fbem-29600	138	25	fiscal	fiscal	ADJ
fbem-29600	138	26	expenditure	expenditure	NOUN
fbem-29600	138	27	funds	fund	NOUN
fbem-29600	138	28	,	,	PUNCT
fbem-29600	138	29	and	and	CCONJ
fbem-29600	138	30	deepen	deepen	VERB
fbem-29600	138	31	fiscal	fiscal	ADJ
fbem-29600	138	32	budget	budget	NOUN
fbem-29600	138	33	performance	performance	NOUN
fbem-29600	138	34	reform	reform	NOUN
fbem-29600	138	35	.	.	PUNCT
fbem-29600	139	1	establish	establish	VERB
fbem-29600	139	2	a	a	DET
fbem-29600	139	3	standardized	standardized	ADJ
fbem-29600	139	4	and	and	CCONJ
fbem-29600	139	5	efficient	efficient	ADJ
fbem-29600	139	6	tax	tax	NOUN
fbem-29600	139	7	collection	collection	NOUN
fbem-29600	139	8	and	and	CCONJ
fbem-29600	139	9	management	management	NOUN
fbem-29600	139	10	system	system	NOUN
fbem-29600	139	11	and	and	CCONJ
fbem-29600	139	12	a	a	DET
fbem-29600	139	13	fair	fair	ADJ
fbem-29600	139	14	environment	environment	NOUN
fbem-29600	139	15	for	for	ADP
fbem-29600	139	16	the	the	DET
fbem-29600	139	17	rule	rule	NOUN
fbem-29600	139	18	of	of	ADP
fbem-29600	139	19	law	law	NOUN
fbem-29600	139	20	in	in	ADP
fbem-29600	139	21	taxation	taxation	NOUN
fbem-29600	139	22	.	.	PUNCT
fbem-29600	140	1	scientific	scientific	ADJ
fbem-29600	140	2	tax	tax	NOUN
fbem-29600	140	3	types	type	NOUN
fbem-29600	140	4	,	,	PUNCT
fbem-29600	140	5	tax	tax	NOUN
fbem-29600	140	6	structure	structure	NOUN
fbem-29600	140	7	,	,	PUNCT
fbem-29600	140	8	and	and	CCONJ
fbem-29600	140	9	perfect	perfect	ADJ
fbem-29600	140	10	tax	tax	NOUN
fbem-29600	140	11	collection	collection	NOUN
fbem-29600	140	12	and	and	CCONJ
fbem-29600	140	13	management	management	NOUN
fbem-29600	140	14	system	system	NOUN
fbem-29600	140	15	can	can	AUX
fbem-29600	140	16	prevent	prevent	VERB
fbem-29600	140	17	all	all	DET
fbem-29600	140	18	kinds	kind	NOUN
fbem-29600	140	19	of	of	ADP
fbem-29600	140	20	tax	tax	NOUN
fbem-29600	140	21	-	-	PUNCT
fbem-29600	140	22	related	relate	VERB
fbem-29600	140	23	illegal	illegal	ADJ
fbem-29600	140	24	and	and	CCONJ
fbem-29600	140	25	unlawful	unlawful	ADJ
fbem-29600	140	26	phenomena	phenomenon	NOUN
fbem-29600	140	27	and	and	CCONJ
fbem-29600	140	28	guarantee	guarantee	VERB
fbem-29600	140	29	the	the	DET
fbem-29600	140	30	legalization	legalization	NOUN
fbem-29600	140	31	of	of	ADP
fbem-29600	140	32	tax	tax	NOUN
fbem-29600	140	33	collection	collection	NOUN
fbem-29600	140	34	and	and	CCONJ
fbem-29600	140	35	management	management	NOUN
fbem-29600	140	36	,	,	PUNCT
fbem-29600	140	37	while	while	SCONJ
fbem-29600	140	38	deepening	deepen	VERB
fbem-29600	140	39	the	the	DET
fbem-29600	140	40	supervision	supervision	NOUN
fbem-29600	140	41	and	and	CCONJ
fbem-29600	140	42	management	management	NOUN
fbem-29600	140	43	of	of	ADP
fbem-29600	140	44	tax	tax	NOUN
fbem-29600	140	45	evasion	evasion	NOUN
fbem-29600	140	46	and	and	CCONJ
fbem-29600	140	47	leakage	leakage	NOUN
fbem-29600	140	48	phenomena	phenomenon	NOUN
fbem-29600	140	49	,	,	PUNCT
fbem-29600	140	50	and	and	CCONJ
fbem-29600	140	51	improving	improve	VERB
fbem-29600	140	52	the	the	DET
fbem-29600	140	53	reward	reward	NOUN
fbem-29600	140	54	and	and	CCONJ
fbem-29600	140	55	punishment	punishment	NOUN
fbem-29600	140	56	system	system	NOUN
fbem-29600	140	57	of	of	ADP
fbem-29600	140	58	the	the	DET
fbem-29600	140	59	tax	tax	NOUN
fbem-29600	140	60	department	department	NOUN
fbem-29600	140	61	to	to	PART
fbem-29600	140	62	improve	improve	VERB
fbem-29600	140	63	the	the	DET
fbem-29600	140	64	enthusiasm	enthusiasm	NOUN
fbem-29600	140	65	and	and	CCONJ
fbem-29600	140	66	initiative	initiative	NOUN
fbem-29600	140	67	of	of	ADP
fbem-29600	140	68	the	the	DET
fbem-29600	140	69	tax	tax	NOUN
fbem-29600	140	70	department	department	NOUN
fbem-29600	140	71	and	and	CCONJ
fbem-29600	140	72	ensure	ensure	VERB
fbem-29600	140	73	that	that	SCONJ
fbem-29600	140	74	all	all	DET
fbem-29600	140	75	the	the	DET
fbem-29600	140	76	revenues	revenue	NOUN
fbem-29600	140	77	should	should	AUX
fbem-29600	140	78	be	be	AUX
fbem-29600	140	79	collected	collect	VERB
fbem-29600	140	80	,	,	PUNCT
fbem-29600	140	81	which	which	PRON
fbem-29600	140	82	can	can	AUX
fbem-29600	140	83	help	help	VERB
fbem-29600	140	84	to	to	PART
fbem-29600	140	85	maintain	maintain	VERB
fbem-29600	140	86	the	the	DET
fbem-29600	140	87	fairness	fairness	NOUN
fbem-29600	140	88	of	of	ADP
fbem-29600	140	89	tax	tax	NOUN
fbem-29600	140	90	payment	payment	NOUN
fbem-29600	140	91	and	and	CCONJ
fbem-29600	140	92	reduce	reduce	VERB
fbem-29600	140	93	the	the	DET
fbem-29600	140	94	loss	loss	NOUN
fbem-29600	140	95	of	of	ADP
fbem-29600	140	96	fiscal	fiscal	ADJ
fbem-29600	140	97	revenues	revenue	NOUN
fbem-29600	140	98	receivable	receivable	ADJ
fbem-29600	140	99	,	,	PUNCT
fbem-29600	140	100	thus	thus	ADV
fbem-29600	140	101	narrowing	narrow	VERB
fbem-29600	140	102	the	the	DET
fbem-29600	140	103	decline	decline	NOUN
fbem-29600	140	104	in	in	ADP
fbem-29600	140	105	fiscal	fiscal	ADJ
fbem-29600	140	106	power	power	NOUN
fbem-29600	140	107	brought	bring	VERB
fbem-29600	140	108	about	about	ADP
fbem-29600	140	109	by	by	ADP
fbem-29600	140	110	the	the	DET
fbem-29600	140	111	reduction	reduction	NOUN
fbem-29600	140	112	of	of	ADP
fbem-29600	140	113	taxes	taxis	NOUN
fbem-29600	140	114	and	and	CCONJ
fbem-29600	140	115	fees	fee	NOUN
fbem-29600	140	116	.	.	PUNCT
fbem-29600	141	1	reducing	reduce	VERB
fbem-29600	141	2	fees	fee	NOUN
fbem-29600	141	3	and	and	CCONJ
fbem-29600	141	4	charges	charge	NOUN
fbem-29600	141	5	brings	bring	VERB
fbem-29600	141	6	about	about	ADP
fbem-29600	141	7	a	a	DET
fbem-29600	141	8	decline	decline	NOUN
fbem-29600	141	9	in	in	ADP
fbem-29600	141	10	fiscal	fiscal	ADJ
fbem-29600	141	11	power	power	NOUN
fbem-29600	141	12	,	,	PUNCT
fbem-29600	141	13	reducing	reduce	VERB
fbem-29600	141	14	fiscal	fiscal	ADJ
fbem-29600	141	15	pressure	pressure	NOUN
fbem-29600	141	16	and	and	CCONJ
fbem-29600	141	17	avoiding	avoid	VERB
fbem-29600	141	18	higher	high	ADJ
fbem-29600	141	19	debt	debt	NOUN
fbem-29600	141	20	risks	risk	NOUN
fbem-29600	141	21	.	.	PUNCT
fbem-29600	142	1	it	it	PRON
fbem-29600	142	2	ensures	ensure	VERB
fbem-29600	142	3	that	that	SCONJ
fbem-29600	142	4	fiscal	fiscal	ADJ
fbem-29600	142	5	funds	fund	NOUN
fbem-29600	142	6	serve	serve	VERB
fbem-29600	142	7	to	to	PART
fbem-29600	142	8	maximize	maximize	VERB
fbem-29600	142	9	social	social	ADJ
fbem-29600	142	10	utility	utility	NOUN
fbem-29600	142	11	and	and	CCONJ
fbem-29600	142	12	reduce	reduce	VERB
fbem-29600	142	13	system	system	NOUN
fbem-29600	142	14	and	and	CCONJ
fbem-29600	142	15	coordination	coordination	NOUN
fbem-29600	142	16	costs	cost	NOUN
fbem-29600	142	17	.	.	PUNCT
fbem-29600	143	1	references	reference	NOUN
fbem-29600	143	2	[	[	X
fbem-29600	143	3	1	1	NUM
fbem-29600	143	4	]	]	X
fbem-29600	143	5	zhang	zhang	PROPN
fbem-29600	143	6	yan	yan	PROPN
fbem-29600	143	7	.	.	PUNCT
fbem-29600	144	1	the	the	DET
fbem-29600	144	2	"	"	PUNCT
fbem-29600	144	3	crowding	crowd	VERB
fbem-29600	144	4	out	out	ADP
fbem-29600	144	5	effect	effect	NOUN
fbem-29600	144	6	"	"	PUNCT
fbem-29600	144	7	of	of	ADP
fbem-29600	144	8	china	china	PROPN
fbem-29600	144	9	's	's	PART
fbem-29600	144	10	fiscal	fiscal	ADJ
fbem-29600	144	11	policy	policy	NOUN
fbem-29600	144	12	-	-	PUNCT
fbem-29600	144	13	an	an	DET
fbem-29600	144	14	empirical	empirical	ADJ
fbem-29600	144	15	analysis	analysis	NOUN
fbem-29600	144	16	based	base	VERB
fbem-29600	144	17	on	on	ADP
fbem-29600	144	18	china	china	PROPN
fbem-29600	144	19	's	's	PART
fbem-29600	144	20	annual	annual	ADJ
fbem-29600	144	21	data	datum	NOUN
fbem-29600	144	22	from	from	ADP
fbem-29600	144	23	1952	1952	NUM
fbem-29600	144	24	to	to	ADP
fbem-29600	144	25	2008	2008	NUM
fbem-29600	144	26	[	[	X
fbem-29600	144	27	j	j	X
fbem-29600	144	28	]	]	X
fbem-29600	144	29	.	.	PUNCT
fbem-29600	145	1	financial	financial	ADJ
fbem-29600	145	2	research	research	NOUN
fbem-29600	145	3	,	,	PUNCT
fbem-29600	145	4	2010	2010	NUM
fbem-29600	145	5	,	,	PUNCT
fbem-29600	145	6	no.355(01):58	no.355(01):58	PROPN
fbem-29600	145	7	-	-	PUNCT
fbem-29600	145	8	66	66	NUM
fbem-29600	145	9	.	.	PUNCT
fbem-29600	146	1	[	[	X
fbem-29600	146	2	2	2	X
fbem-29600	146	3	]	]	X
fbem-29600	146	4	chen	chen	PROPN
fbem-29600	146	5	shixing	shixing	PROPN
fbem-29600	146	6	.	.	PUNCT
fbem-29600	147	1	an	an	DET
fbem-29600	147	2	empirical	empirical	ADJ
fbem-29600	147	3	study	study	NOUN
fbem-29600	147	4	on	on	ADP
fbem-29600	147	5	the	the	DET
fbem-29600	147	6	crowding	crowd	VERB
fbem-29600	147	7	-	-	PUNCT
fbem-29600	147	8	in	in	ADP
fbem-29600	147	9	and	and	CCONJ
fbem-29600	147	10	crowding	crowd	VERB
fbem-29600	147	11	-	-	PUNCT
fbem-29600	147	12	out	out	ADP
fbem-29600	147	13	effects	effect	NOUN
fbem-29600	147	14	of	of	ADP
fbem-29600	147	15	government	government	NOUN
fbem-29600	147	16	investment	investment	NOUN
fbem-29600	147	17	on	on	ADP
fbem-29600	147	18	private	private	ADJ
fbem-29600	147	19	investment	investment	NOUN
fbem-29600	147	20	--	--	PUNCT
fbem-29600	147	21	based	base	VERB
fbem-29600	147	22	on	on	ADP
fbem-29600	147	23	chinese	chinese	ADJ
fbem-29600	147	24	data	datum	NOUN
fbem-29600	147	25	from	from	ADP
fbem-29600	147	26	1980	1980	NUM
fbem-29600	147	27	-	-	SYM
fbem-29600	147	28	2010	2010	NUM
fbem-29600	147	29	[	[	X
fbem-29600	147	30	j	j	X
fbem-29600	147	31	]	]	X
fbem-29600	147	32	.	.	PUNCT
fbem-29600	148	1	china	china	PROPN
fbem-29600	148	2	soft	soft	ADJ
fbem-29600	148	3	science	science	NOUN
fbem-29600	148	4	,	,	PUNCT
fbem-29600	148	5	2012	2012	NUM
fbem-29600	148	6	,	,	PUNCT
fbem-29600	148	7	no.262(10):169	no.262(10):169	NOUN
fbem-29600	148	8	-	-	PUNCT
fbem-29600	148	9	176	176	NUM
fbem-29600	148	10	.	.	PUNCT
fbem-29600	149	1	[	[	X
fbem-29600	149	2	3	3	X
fbem-29600	149	3	]	]	X
fbem-29600	149	4	ma	ma	PROPN
fbem-29600	149	5	haitao	haitao	PROPN
fbem-29600	149	6	,	,	PUNCT
fbem-29600	149	7	yao	yao	PROPN
fbem-29600	149	8	dongmin	dongmin	PROPN
fbem-29600	149	9	,	,	PUNCT
fbem-29600	149	10	sun	sun	PROPN
fbem-29600	149	11	rong	rong	PROPN
fbem-29600	149	12	.	.	PUNCT
fbem-29600	150	1	theoretical	theoretical	ADJ
fbem-29600	150	2	connotation	connotation	NOUN
fbem-29600	150	3	,	,	PUNCT
fbem-29600	150	4	evolutionary	evolutionary	ADJ
fbem-29600	150	5	logic	logic	NOUN
fbem-29600	150	6	and	and	CCONJ
fbem-29600	150	7	basic	basic	ADJ
fbem-29600	150	8	characteristics	characteristic	NOUN
fbem-29600	150	9	of	of	ADP
fbem-29600	150	10	tax	tax	NOUN
fbem-29600	150	11	and	and	CCONJ
fbem-29600	150	12	fee	fee	NOUN
fbem-29600	150	13	reduction	reduction	NOUN
fbem-29600	150	14	in	in	ADP
fbem-29600	150	15	china	china	PROPN
fbem-29600	151	1	[	[	X
fbem-29600	151	2	j	j	X
fbem-29600	151	3	]	]	X
fbem-29600	151	4	.	.	PUNCT
fbem-29600	152	1	research	research	NOUN
fbem-29600	152	2	on	on	ADP
fbem-29600	152	3	financial	financial	ADJ
fbem-29600	152	4	issues	issue	NOUN
fbem-29600	152	5	,	,	PUNCT
fbem-29600	152	6	2023	2023	NUM
fbem-29600	152	7	,	,	PUNCT
fbem-29600	152	8	(	(	PUNCT
fbem-29600	152	9	02):14	02):14	NOUN
fbem-29600	152	10	-	-	SYM
fbem-29600	152	11	24	24	NUM
fbem-29600	152	12	.	.	PUNCT
fbem-29600	153	1	[	[	X
fbem-29600	153	2	4	4	X
fbem-29600	153	3	]	]	X
fbem-29600	153	4	yan	yan	PROPN
fbem-29600	153	5	kun	kun	PROPN
fbem-29600	153	6	,	,	PUNCT
fbem-29600	153	7	tang	tang	PROPN
fbem-29600	153	8	dantong	dantong	PROPN
fbem-29600	153	9	.	.	PUNCT
fbem-29600	154	1	research	research	NOUN
fbem-29600	154	2	on	on	ADP
fbem-29600	154	3	the	the	DET
fbem-29600	154	4	transmission	transmission	NOUN
fbem-29600	154	5	mechanism	mechanism	NOUN
fbem-29600	154	6	of	of	ADP
fbem-29600	154	7	tax	tax	NOUN
fbem-29600	154	8	reduction	reduction	NOUN
fbem-29600	154	9	and	and	CCONJ
fbem-29600	154	10	enterprise	enterprise	NOUN
fbem-29600	154	11	investment	investment	NOUN
fbem-29600	154	12	:	:	PUNCT
fbem-29600	154	13	based	base	VERB
fbem-29600	154	14	on	on	ADP
fbem-29600	154	15	the	the	DET
fbem-29600	154	16	perspective	perspective	NOUN
fbem-29600	154	17	of	of	ADP
fbem-29600	154	18	capital	capital	NOUN
fbem-29600	154	19	supply	supply	NOUN
fbem-29600	155	1	[	[	X
fbem-29600	155	2	j	j	X
fbem-29600	155	3	]	]	X
fbem-29600	155	4	.	.	PUNCT
fbem-29600	156	1	journal	journal	PROPN
fbem-29600	156	2	of	of	ADP
fbem-29600	156	3	central	central	PROPN
fbem-29600	156	4	university	university	PROPN
fbem-29600	156	5	of	of	ADP
fbem-29600	156	6	finance	finance	NOUN
fbem-29600	156	7	and	and	CCONJ
fbem-29600	156	8	economics	economic	NOUN
fbem-29600	156	9	,	,	PUNCT
fbem-29600	156	10	2023	2023	NUM
fbem-29600	156	11	,	,	PUNCT
fbem-29600	156	12	(	(	PUNCT
fbem-29600	156	13	05):16	05):16	NUM
fbem-29600	156	14	-	-	SYM
fbem-29600	156	15	34	34	NUM
fbem-29600	156	16	.	.	PUNCT
fbem-29600	157	1	[	[	X
fbem-29600	157	2	5	5	NUM
fbem-29600	157	3	]	]	X
fbem-29600	157	4	cheng	cheng	PROPN
fbem-29600	157	5	dy	dy	PROPN
fbem-29600	157	6	,	,	PUNCT
fbem-29600	157	7	guo	guo	PROPN
fbem-29600	157	8	ran	run	VERB
fbem-29600	157	9	.	.	PUNCT
fbem-29600	158	1	how	how	SCONJ
fbem-29600	158	2	to	to	PART
fbem-29600	158	3	achieve	achieve	VERB
fbem-29600	158	4	better	well	ADJ
fbem-29600	158	5	implementation	implementation	NOUN
fbem-29600	158	6	effect	effect	NOUN
fbem-29600	158	7	of	of	ADP
fbem-29600	158	8	tax	tax	NOUN
fbem-29600	158	9	and	and	CCONJ
fbem-29600	158	10	fee	fee	NOUN
fbem-29600	158	11	reduction	reduction	NOUN
fbem-29600	158	12	policies-	policies-	NOUN
fbem-29600	158	13	119	119	NUM
fbem-29600	158	14	based	base	VERB
fbem-29600	158	15	on	on	ADP
fbem-29600	158	16	the	the	DET
fbem-29600	158	17	case	case	NOUN
fbem-29600	158	18	analysis	analysis	NOUN
fbem-29600	158	19	of	of	ADP
fbem-29600	158	20	thirteen	thirteen	NUM
fbem-29600	158	21	cities	city	NOUN
fbem-29600	158	22	in	in	ADP
fbem-29600	158	23	province	province	NOUN
fbem-29600	158	24	h	h	PROPN
fbem-29600	159	1	[	[	X
fbem-29600	159	2	j	j	X
fbem-29600	159	3	]	]	X
fbem-29600	159	4	.	.	PUNCT
fbem-29600	160	1	theoretical	theoretical	ADJ
fbem-29600	160	2	discussion	discussion	NOUN
fbem-29600	160	3	,	,	PUNCT
fbem-29600	160	4	2023	2023	NUM
fbem-29600	160	5	,	,	PUNCT
fbem-29600	160	6	(	(	PUNCT
fbem-29600	160	7	01):70	01):70	NUM
fbem-29600	160	8	-	-	SYM
fbem-29600	160	9	77	77	NUM
fbem-29600	160	10	.	.	PUNCT
fbem-29600	161	1	[	[	X
fbem-29600	161	2	6	6	NUM
fbem-29600	161	3	]	]	X
fbem-29600	161	4	ma	ma	PROPN
fbem-29600	161	5	ningning	ningning	PROPN
fbem-29600	161	6	,	,	PUNCT
fbem-29600	161	7	wang	wang	PROPN
fbem-29600	161	8	jiayong	jiayong	PROPN
fbem-29600	161	9	.	.	PUNCT
fbem-29600	162	1	tax	tax	NOUN
fbem-29600	162	2	and	and	CCONJ
fbem-29600	162	3	fee	fee	NOUN
fbem-29600	162	4	reduction	reduction	NOUN
fbem-29600	162	5	,	,	PUNCT
fbem-29600	162	6	enterprise	enterprise	NOUN
fbem-29600	162	7	investment	investment	NOUN
fbem-29600	162	8	willingness	willingness	NOUN
fbem-29600	162	9	and	and	CCONJ
fbem-29600	162	10	industry	industry	NOUN
fbem-29600	162	11	high	high	ADJ
fbem-29600	162	12	quality	quality	NOUN
fbem-29600	162	13	development	development	NOUN
fbem-29600	162	14	-	-	PUNCT
fbem-29600	162	15	a	a	DET
fbem-29600	162	16	survey	survey	NOUN
fbem-29600	162	17	and	and	CCONJ
fbem-29600	162	18	analysis	analysis	NOUN
fbem-29600	162	19	based	base	VERB
fbem-29600	162	20	on	on	ADP
fbem-29600	162	21	dalian	dalian	PROPN
fbem-29600	163	1	[	[	X
fbem-29600	163	2	j	j	X
fbem-29600	163	3	]	]	X
fbem-29600	163	4	.	.	PUNCT
fbem-29600	164	1	local	local	ADJ
fbem-29600	164	2	finance	finance	NOUN
fbem-29600	164	3	research	research	NOUN
fbem-29600	164	4	,	,	PUNCT
fbem-29600	164	5	2022	2022	NUM
fbem-29600	164	6	,	,	PUNCT
fbem-29600	164	7	(	(	PUNCT
fbem-29600	164	8	11):60	11):60	NUM
fbem-29600	164	9	-	-	SYM
fbem-29600	164	10	66	66	NUM
fbem-29600	164	11	.	.	PUNCT
fbem-29600	165	1	[	[	X
fbem-29600	165	2	7	7	X
fbem-29600	165	3	]	]	X
fbem-29600	165	4	zhang	zhang	PROPN
fbem-29600	165	5	kaiqiang	kaiqiang	PROPN
fbem-29600	165	6	.	.	PUNCT
fbem-29600	166	1	theoretical	theoretical	ADJ
fbem-29600	166	2	logic	logic	NOUN
fbem-29600	166	3	of	of	ADP
fbem-29600	166	4	tax	tax	NOUN
fbem-29600	166	5	and	and	CCONJ
fbem-29600	166	6	fee	fee	NOUN
fbem-29600	166	7	reduction	reduction	NOUN
fbem-29600	166	8	policies	policy	NOUN
fbem-29600	166	9	from	from	ADP
fbem-29600	166	10	the	the	DET
fbem-29600	166	11	perspective	perspective	NOUN
fbem-29600	166	12	of	of	ADP
fbem-29600	166	13	long	long	ADJ
fbem-29600	166	14	-	-	PUNCT
fbem-29600	166	15	term	term	NOUN
fbem-29600	166	16	economic	economic	ADJ
fbem-29600	166	17	growth	growth	NOUN
fbem-29600	167	1	[	[	X
fbem-29600	167	2	j	j	X
fbem-29600	167	3	]	]	X
fbem-29600	167	4	.	.	PUNCT
fbem-29600	168	1	contemporary	contemporary	ADJ
fbem-29600	168	2	economic	economic	ADJ
fbem-29600	168	3	management	management	NOUN
fbem-29600	168	4	,	,	PUNCT
fbem-29600	168	5	2023	2023	NUM
fbem-29600	168	6	,	,	PUNCT
fbem-29600	168	7	45(02):8288	45(02):8288	NUM
fbem-29600	168	8	.	.	PUNCT
fbem-29600	169	1	[	[	X
fbem-29600	169	2	8	8	NUM
fbem-29600	169	3	]	]	X
fbem-29600	169	4	shi	shi	PROPN
fbem-29600	169	5	shaobin	shaobin	PROPN
fbem-29600	169	6	,	,	PUNCT
fbem-29600	169	7	zhang	zhang	PROPN
fbem-29600	169	8	xiaodan	xiaodan	PROPN
fbem-29600	169	9	.	.	PUNCT
fbem-29600	170	1	the	the	DET
fbem-29600	170	2	economic	economic	ADJ
fbem-29600	170	3	effect	effect	NOUN
fbem-29600	170	4	of	of	ADP
fbem-29600	170	5	tax	tax	NOUN
fbem-29600	170	6	and	and	CCONJ
fbem-29600	170	7	fee	fee	NOUN
fbem-29600	170	8	reduction	reduction	NOUN
fbem-29600	170	9	--	--	PUNCT
fbem-29600	170	10	analysis	analysis	NOUN
fbem-29600	170	11	based	base	VERB
fbem-29600	170	12	on	on	ADP
fbem-29600	170	13	the	the	DET
fbem-29600	170	14	dimension	dimension	NOUN
fbem-29600	170	15	of	of	ADP
fbem-29600	170	16	highquality	highquality	NOUN
fbem-29600	170	17	development	development	NOUN
fbem-29600	171	1	[	[	X
fbem-29600	171	2	j	j	X
fbem-29600	171	3	]	]	X
fbem-29600	171	4	.	.	PUNCT
fbem-29600	172	1	journal	journal	PROPN
fbem-29600	172	2	of	of	ADP
fbem-29600	172	3	shanxi	shanxi	PROPN
fbem-29600	172	4	university	university	PROPN
fbem-29600	172	5	(	(	PUNCT
fbem-29600	172	6	philosophy	philosophy	NOUN
fbem-29600	172	7	and	and	CCONJ
fbem-29600	172	8	social	social	ADJ
fbem-29600	172	9	science	science	NOUN
fbem-29600	172	10	edition	edition	PROPN
fbem-29600	172	11	)	)	PUNCT
fbem-29600	172	12	,	,	PUNCT
fbem-29600	172	13	2022	2022	NUM
fbem-29600	172	14	,	,	PUNCT
fbem-29600	172	15	45(05):51	45(05):51	NUM
fbem-29600	172	16	-	-	SYM
fbem-29600	172	17	61	61	NUM
fbem-29600	172	18	.	.	PUNCT