Happy Tax Freedom Day from (And to) Lithuania

Lithuanian Free Market Institute

Yesterday Lithuanian Free Market Institute celebrated the Tax Freedom day in Lithuania.

A person earning an average wage here had to work 4 months and 23 days just to support government spending (and it would be way more if not for inflation). Lithuanian Free Market Institute calculates this with their own tax calculator that also provides a receipt for specific spending. Tax Freedom day serves as a great opportunity to look into how out taxes are governed.

The sooner the freedom day comes – the more effective the public sector is.

Take a look at the calculator: https://lnkd.in/evevGwZd

Continue exploring:

Windfall Tax on Lithuanian Banks Will Damage the Whole Ecosystem

Additional Tax on Apartments: from Myth to Very Bad Policy

Karolina Mickute