engleski

The new income tax law: its impact on the distribution of the tax burden

In the current circumstances sporadic reductions of the burden of any given tax, without a corresponding reduction of expenditure, is only a cosmetic solution. In the centre of attention of this paper, then, is precisely one such case ; however, it is of interest to us primarily because the moves of the government have not produced the proclaimed ends. The most important change in the Income Tax Law adopted at the end of 2004 was the increase in personal allowance, which was supposed to take some of the tax burden off the most at risk, as they are called, sections of the population, that is, the lowest income groups. Something did happen, however, which was a slight reduction in the tax burden for those taxpayers with higher incomes. However, in conditions of growing government expenditure the question has to arise as to upon whom the burden of making up the lost fiscal revenues will fall.

personal income tax ; Croatia

nije evidentirano