1994年分税制以来,财权向上集中,事权不断下移。为了维持日常运转,地方政府将资金缺口诉求于预算外收入。土地出让也就成为地方政府权衡之下的必然选择。本文在分析土地出让和房地产发展时以江苏作为研究对象,提出解决“土地财政”问题,首先要改革目前中央和地方的财权划分制度;其次要改变目前各级政府的人事权管理机制。 Since the tax-sharing system in 1994, property rights have been concentrated upward, and their powers have been constantly shifted down. In order to maintain daily operation, local governments appeal for funding shortfalls in extrabudgetary income. Land transfer will become the inevitable choice of the balance of local government. When analyzing the land transfer and real estate development, this paper takes Jiangsu as the research object and puts forward the solution to the problem of “land finance”. First, we must reform the system of division of fiscal power between the central government and the local government. Secondly, we must change the current personnel management mechanism at all levels.