Tax Freedom Day is the day in a year until which citizens “work for the state” and everything that is financed from the state budget and from which on they work for themselves and their families, Lipa said in a press release on Monday.
Lipa’s calculation was made for a hypothetical citizen who earns an average wage, is married with one child, lives in Zagreb, owns a car, does not smoke, and pays TV licence fee.
Lipa said that in most European countries Tax Freedom Day fell much earlier than in Croatia.
“Reducing the budget’s expenditures and implementing public sector reforms is the only way for taxpayers, who fill the state budget, to start marking Tax Freedom Day earlier than in previous years,” Lipa said.
It warned that Croatia was the second poorest EU country, with living standards barely above half the EU average.
“The only way to fix that are reforms which would raise the Croatian economy’s competiveness and accelerate economic growth in the long term,” Lipa president Davor Huić said.
For more news from Croatia, CLICK HERE.
