Shining a light on public overspending in the EU


On Monday, our French partner Institut Economique Molinari released its latest study, shedding late on out-of-control public expenditures across the European Union. It does this in an original way, by indicating how early in the year European treasuries run out of tax revenue and begin to borrow to finance current spending. The idea is modelled on the now famous Tax Freedom Day reports, which show the day of the year when the average taxpayer stops working to pay her taxes and starts working for herself.

L’Institut économique Molinari

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