Where in Europe are workers losing ground as taxes rise faster than wages?
Forrás:
Euronews.com
2 hónapja
The OECD’s Taxing Wages 2025 report reveals that seven European countries saw a decline in real post-tax income for average single workers in 2024 compared to 2023. Countries affected include Italy, Estonia, Czechia, France, Greece, Belgium, and Spain, primarily due to rising personal average tax rates outpacing wage growth. Conversely, Portugal, the UK, and Turkey experienced increases in real post-tax incomes, attributed to tax rate reductions and significant wage growth. The article discusses the implications of 'bracket creep' and suggests indexing income tax to inflation as a potential solution. Teljes cikk (Euronews.com)