| Abstract |
Introduction. Even under the conditions of harsh coronacrisis load, modern fiscal policy in market economy states is aimed at regulation of distribution of resources between private and public sectors with the minimum impact of either inflation or deflation fluctuations on the producers' price index. Problem Statement. The state's moves that mobilize market potential, should include the elements of tax and budgetary reforms, that are linked to the complex of actions that are aimed to halt the growth of money supply. Purpose. To identify the main directions of a systemic governments' fiscal functions strengthening, primarily, in countering the destabilization threats in the presence of dynamic phenomena of globalization, crisisgenity and their further multiplication. Materials and Methods. The methods of position-time situational analysis and synthesis have been used; the dynamics of statistical macroeconomic indicators (GDP) within the framework of various systematic model assessments of the tax reform impact have been compared. Results. Both the positive and the negative experience of implementing programs for international financial institutions and governments of different countries aim at achieving the goals of full employment and sustainable development with the help of tax and budgetary means of demand management and established monetary leverages have been considered. Recommendations for strengthening of regulatory fiscal tools on Ukraine's socioeconomic system (SES) stability growth have been justified in the light of current trends of change management, especially against the background of COVID-19 pandemic. Conclusions. Rational tax policy shall provide for the improvement of legislative mechanisms in combination with the formation and use of costs, stimulating the saving of resources with a view to their best practical use. Mandatory payments shall come from sources of business income rather than from capital, because the use of the latter for paying taxes is contrary to the interests of investors and the goals of sustainable reproduction. |
