Abstract: This paper inquires into the reason of the present rapid increasing of China's financial tax income and the influence it gives to the macroeconomy and resource allocation mechanism, presents some notable problems to be resolved and some relations about the matter to be well dealt with, including the relations between the resolution of economic issue left over by history and the construction of great engineering project which will produce long-term dfficiency, and between the short-term interests and the long-term interests. In the adjustment of economic structure led by the government, the function of market regulation should be given full play.