Last July, the European Commission presented a proposal for a directive aimed at reforming the taxation of energy products and electricity. This proposal is part of the European Union’s (EU) efforts to reduce emissions and air pollution.
This year’s Tax Freedom Day fell on June 25, and this year the state will redistribute 48 percent of what we produce. Last year we announced that we would have to revise for the first time ever, but in the end it was not necessary. The economic downturn was smaller than expected, and so, too, was the redistribution eventually.
The front pages of many Polish newspapers and news portals as well as the screens of private TV stations remained black. In a joint action with the slogan “Media without a choice”, they protested against the plan of the government to introduce a tax on the advertising revenues of media companie
In the year of the COVID-19 crisis, Czechs must endure one more month of work for the state. After June 24, 2020, they will start earning money for themselves. Until then, for 175 days, they only work for the state. This is the least free year since 2000.
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.
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.
In the beginning of 2019, the governmental Institute of Financial Policy (IFP) came with the issue of tax on sugar. However, we believe that in this case once again, the tax discussion precedes the discussion about the core problem – obesity. Therefore, INESS prepared a new publication entitled “Bitter Tax on Sugar”.
New laws in Slovakia are passed like hotcakes and changed more frequently than socks, which creates a chaotic and unpredictable framework for citizens and entrepreneurs.
In recent years, the Baltic States have been showcased as an austerity success story. While the whole world has seen countries such as Greece, Spain and Portugal struggling to reduce their public spending, Lithuania has been hailed as an austerity example. Lithuanian success in public spending cuts has been widely acknowledged; yet simultaneous tax increases and their harmful effects have received less attention. Since the end of 2011, however, the country once again found itself…