The Fiscal Burden in Relation to Income from Salaries. European Union Case Study
Taxation plays a fundamental role in creating fair societies and building strong economies. It can help curtail inequalities, not just by supporting social mobility, but also by reducing market revenue inequalities. Fiscal policy can also impact employment decisions, the level of investments and the...
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Format: | Article |
Language: | English |
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The Body of Expert and Licensed Accountants of Romania
2020-02-01
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Series: | CECCAR Business Review |
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https://www.ceccarbusinessreview.ro/the-fiscal-burden-in-relation-to-income-from-salaries-european-union-case-study-a5d/download-PDF/
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author | Radu CIOBANU Daniela-Nicoleta SAHLIAN Mihai VUȚĂ |
author_facet | Radu CIOBANU Daniela-Nicoleta SAHLIAN Mihai VUȚĂ |
author_sort | Radu CIOBANU |
collection | DOAJ |
description | Taxation plays a fundamental role in creating fair societies and building strong economies. It can help curtail inequalities, not just by supporting social mobility, but also by reducing market revenue inequalities. Fiscal policy can also impact employment decisions, the level of investments and the entrepreneurs’ willingness to expand their activities, which all lead to economic growth. Romania’s revenues from labour taxes is much lower than the European Union average. Nevertheless, the fiscal burden related to income from salaries is relatively high, at 39.8%, while the EU average is 38.2%. These numbers attest to the high fiscal burden in our country in relation to labour taxes. |
first_indexed | 2024-04-13T01:03:27Z |
format | Article |
id | doaj.art-8ce65242398d4612b8d5ed49d31dbb44 |
institution | Directory Open Access Journal |
issn | 2668-8921 2668-8921 |
language | English |
last_indexed | 2024-04-13T01:03:27Z |
publishDate | 2020-02-01 |
publisher | The Body of Expert and Licensed Accountants of Romania |
record_format | Article |
series | CECCAR Business Review |
spelling | doaj.art-8ce65242398d4612b8d5ed49d31dbb442022-12-22T03:09:25ZengThe Body of Expert and Licensed Accountants of RomaniaCECCAR Business Review2668-89212668-89212020-02-0111424726688921The Fiscal Burden in Relation to Income from Salaries. European Union Case StudyRadu CIOBANU0Daniela-Nicoleta SAHLIAN1Mihai VUȚĂ2Bucharest University of Economic StudiesBucharest University of Economic StudiesBucharest University of Economic StudiesTaxation plays a fundamental role in creating fair societies and building strong economies. It can help curtail inequalities, not just by supporting social mobility, but also by reducing market revenue inequalities. Fiscal policy can also impact employment decisions, the level of investments and the entrepreneurs’ willingness to expand their activities, which all lead to economic growth. Romania’s revenues from labour taxes is much lower than the European Union average. Nevertheless, the fiscal burden related to income from salaries is relatively high, at 39.8%, while the EU average is 38.2%. These numbers attest to the high fiscal burden in our country in relation to labour taxes. https://www.ceccarbusinessreview.ro/the-fiscal-burden-in-relation-to-income-from-salaries-european-union-case-study-a5d/download-PDF/ fiscal burdenincome from salariessocial contributionslabour taxes |
spellingShingle | Radu CIOBANU Daniela-Nicoleta SAHLIAN Mihai VUȚĂ The Fiscal Burden in Relation to Income from Salaries. European Union Case Study CECCAR Business Review fiscal burden income from salaries social contributions labour taxes |
title | The Fiscal Burden in Relation to Income from Salaries. European Union Case Study |
title_full | The Fiscal Burden in Relation to Income from Salaries. European Union Case Study |
title_fullStr | The Fiscal Burden in Relation to Income from Salaries. European Union Case Study |
title_full_unstemmed | The Fiscal Burden in Relation to Income from Salaries. European Union Case Study |
title_short | The Fiscal Burden in Relation to Income from Salaries. European Union Case Study |
title_sort | fiscal burden in relation to income from salaries european union case study |
topic | fiscal burden income from salaries social contributions labour taxes |
url |
https://www.ceccarbusinessreview.ro/the-fiscal-burden-in-relation-to-income-from-salaries-european-union-case-study-a5d/download-PDF/
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