FISCAL OPTIMIZATION AS A CONDITION FOR REDUCING THE STATE DEBT OF UKRAINE

Abstract

This article analyzes the reasons for the growth of the state debt of Ukraine and suggests the ways of its optimization considering fiscal interests of the state, local communities and individuals, based on positive and negative experiences of some EU countries. Emphasis should be placed on reducing quasi-fiscal expenditures, limit the withdrawal of financial resources to shadow economy and offshores, the optimization of state expenditures on government finance, the gradual reduction of the single social contribution, the introduction of a differentiated system of income tax.