#Para

Majority of tax burden falls on wage earners

The increase in taxes was shouldered by wage earners. According to the Budget Monitoring Bulletin published by the Turkey Economic Policies Research Foundation (TEPAV), in 2024, employees saw a 5.5 percentage point increase in their share of income tax payments. When considering all tax items collected from income-generating activities in 2024, employees paid 65.4% of income tax. This share was at 59.9% in 2023. Looking only at income tax, the share of wage earners rose to 93.4%. Out of last year’s income tax total of 1 trillion 527 billion TL, 1 trillion 426 billion TL was paid by employees.

Majority of tax burden falls on wage earners

TÜSİAD Urges Public Sector to Tighten Belt

Majority of tax burden falls on wage earners

Price Doubled in a Week: Shares the

Leave a comment

E-posta adresiniz yayınlanmayacak. Gerekli alanlar * ile işaretlenmişlerdir