taxpayers

On the May 11, Lithuania celebrates The Day of Respect for the Taxpayers. On this occasion, the Lithuanian Free Market Institute (LFMI) stresses that a public sector that serves its citizens and creates value is an expression of respect for taxpayers.

Low quality of law-making has so far been the result of disregard of law-making standards and requirements rather than a lack of them. A recent study from the LFMI shows that almost one in two pieces of legislation is passed without impact assessment.

May 11, 2018 – today Lithuania commemorates the Respect for Taxpayers Day for the first time. On this occasion, the Lithuanian Free Market Institute (LFMI) and partners present the Charter of Taxpayer’s Rights, taking the opportunity to remind that taxpayers have not only duties to observe but also rights to enjoy.

The Respect for Taxpayers Day becomes an official commemorative day in Lithuania to be celebrated on May 11. A recently adopted law is a result of a petition submitted by the Lithuanian Free Market Institute.

Politicians should ask themselves if depriving citizens of their right to choose high quality reasonably priced services while putting private businesses at a competitive disadvantage is the path Lithuania should follow.

Lithuanians seem to have gotten used to governmental promises just as to the changing seasons. The only difference is that spring is bound to come eventually, while the government fails to deliver.

Under the pressure of unionists, local or state governments gave up fast – after all, they are not private owners, who protect their firms against the threat of bankrupcy, but elective clerks financed by taxes!

Partaking of public resources in the construction of a new nuclear energy source can result in considerable costs for the taxpayer and energy consumers alike due to high risk of overpriced construction cost and economically unsound operational costs.

Extraneous people (politicians, bureaucrats) decide about extraneous money (taxes) which is, as Milton Friedman concluded from his decision-making matrix, the most inefficient situation we can imagine.

Monitoring of voting of members of the National Council of the Slovak Republic.