Research on the relationship between enterprise tax burden and economic development based on multiple regression calculation analysis

Taxation, as one of the rigid expenditures of enterprises, directly affects the production and manufacturing costs of enterprises, and influences their disposable income as well as the improvement of economic level.Based on the data of Shanghai and Shenzhen A-share listed enterprises in China from 2013 to 2023, the study explores the impact of corporate tax burden on economic development based on multiple regression models, and conducts robustness tests by double-difference and reduced-sample methods.The study finds that corporate tax burden has an inverted "U"-shaped impact on economic development, which is positively correlated with economic development when the corporate tax burden is at a low level, and negatively correlated with economic development when the corporate tax burden crosses the most critical point.In addition, in the heterogeneity test of emerging and non-emerging advantageous industries, the tax burden and the high-quality development of enterprises show an inverted "U"-shaped relationship, but the inflection point of the emerging advantageous industries will appear earlier.