Three EU countries at the bottom of global tax freedom index

A new study by French think tank Institut Molinari and the U.S. Tholos Foundation looks at “The Tax Burden on Global Workers”, compiling an index of tax freedom days across the world. The study this year compromises 34 countries, representing 58.2% of the global economy.

At the very bottom of the tax freedom ranking this year, are again three EU member states: France, Belgium and Austria. The authors note:

France regains its title as the “world champion” of taxation after Austria moves to protect salaries”, specifying that “Austrian workers’ tax brackets were indexed to inflation in 2023, protecting salaries from “bracket creep” as they rise. This minor change put Austria into a second‐place tie with Belgium, where nothing changed; workers in these two countries celebrated their Tax Liberation Day (TLD) on July 15 th. No such relief came for workers in France, where workers are once again the last to celebrate, on July 17 th.

https://www.zenger.news/2023/12/11/three-eu-countries-lead-global-tax-freedom-index/Х