On May 11, Lithuania celebrated its second National Respect for Taxpayers Day. This day became an official commemorative day in Lithuania following the adoption of a proposal from the Lithuanian Free Market Institute (LFMI) in early 2018.
Each and every one of us knows lack. We hunger for bread, crave love, lack meaning. Lack leaves us restless, raging against the world and ourselves. But despite its familiarity, lack remains a mystery.
Under EU legislation, Member States are required to abolish any legal provisions contrary to the principle of equal treatment and have to introduce measures that would facilitate getting legal remedies in cases of alleged violations of equal treatment.
Out of thirty European countries, sixteen allow retail trade on Sundays, whereas fourteen do not limit retail opening hours on public holidays. The countries which regulate retail trade on Sundays and/or public holidays apply a range of exemptions.
On March 27, 2019, the Lithuanian Free Market Institute (LFMI) ran the second edition of the National Economics Exam. Aimed at promoting economic literacy and the relevance of economics education, the exam is intended for all citizens interested in measuring their knowledge of economics.
After seven years in his role as President of LFMI, Žilvinas Šilėnas will lead the Foundation for Economic Education (FEE) in the United States. LFMI’s long-serving Vice President Edita Maslauskaitė will succeed Šilėnas as LFMI’s Interim President from mid-April.
Ranked 14th in Central and Eastern Europe, the Lithuanian Free Market Institute (LFMI) firmly maintains the highest position among Lithuanian think tanks in the prestigious Global Go To Think Tank Index by the University of Pennsylvania.
The European Commission has prepared a Roadmap for more efficient law-making in the field of taxation: identification of areas for a move to qualified majority voting. The aim of the proposal is to explore possibilities for removing the need for unanimous agreement by all countries and moving to qualified majority voting in taxation.
Progressive taxation is considered to be the most popular measure to reduce income inequality. The aim of the conducted research was to enlighten this discussion by exploring to what extent the progressiveness of PIT is a decisive factor in reducing income inequality.