During the late 1990s and most part of the 2000s, CEE countries reformed their tax systems with two key characteristics: reducing the relative burden of direct taxes and – probably more distinctly, at least for the rest of the developed economies – introduction of single personal income tax rates.
The fiscal burden of labor in the Federation of Bosnia and Herzegovina is one of the largest in Europe. Although living among the poorest countries on the continent, workers in Bosnia and Herzegovina pay a lot to a high tax wedge, which is over 40%.
The majority of people around the world complain about taxes they have to pay. However, in the case of Poland, it is not only the size of the tax burden that poses a problem, but also complicated and unclear rules in place.
One of the most important problems of today’s liberals and libertarians is how to translate the idea of liberty into a possible realization that would bring at least a bit of freedom. Nowadays, in a world of sophisticated systems of taxation and welfare states, it is very easy to make a mistake.
A simplified tax system is one of the essential tools for supporting small and micro businesses and self-employment in Ukraine. Entrepreneurs who are using a simplified system pay a fixed amount of tax or a fixed percentage of income.
Taxes come in different forms and shapes. Regardless, they all have certain consequences. The discussion about what is the optimal size of the state, and which public expenditures are justified and beneficial never tires.
We are pleased to present the eleventh issue of 4liberty.eu Review, titled “Transformative Transformation? 30 Years of Change in CEE”. We trust that it may tact as not only a reason for reminiscing about the past, but also a pretext for further challenging ourselvs to fight for a brighter future.
Central and Eastern Europe, a home to around 190 m individuals. Each with their own hopes, dreams, and agendas. All of them with a unique set of experiences and access to their sui generis historical past. Most of them, however, shared similar routes on their way to becoming liberal democracies.
The division of the world into the first (capitalistic) world and the second (communistic) one for decades seemed very stable. If anything, Communism was often supposed – and even more often advertised – to be more efficient. Western economists were estimating when the second world will surpass the first one.