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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Main Authors: Radu CIOBANU, Daniela-Nicoleta SAHLIAN, Mihai VUȚĂ
Format: Article
Language:English
Published: The Body of Expert and Licensed Accountants of Romania 2020-02-01
Series:CECCAR Business Review
Subjects:
Online Access: 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.
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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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