2014

The EU tax liberation day small print: Why the UK beats flat tax Lithuania

https://www.cityam.com/article/1399928265/eu-tax-liberation-day-smallprint-why-uk-beats-flat-tax-lithuania

Putting together our first study at the Institut Économique Molinari, Cécile Philippe and I added employer contributions on top of salaries and dubbed it the “real gross.” Add up your income tax, social contributions and VAT, then divide by your real gross to find the real rate of tax on your labour. Multiply that by 365 and you have your “tax liberation day”, which British workers celebrated yesterday – the fourth earliest in Europe.

L’Institut économique Molinari

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