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Current Low Birth Rate Will Lead to up to 1.3 Billion Euros Less Tax Revenue in the Future
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Estonia faces €1.3 billion tax shortfall due to low birth rate
A leading Estonian think tank has warned that the country’s declining birth rate, though expected to ease pressure on education and family policy budgets in the short term, will ultimately lead to a tax revenue shortfall of up to €1.3 billion. Estonia’s shrinking birth rate may offer short-term savings in welfare and education, but it will cost the state up to €1.3 billion in lost tax revenue over the long term, according to a new report by the …
Contrary to what Sanchez says, no more taxes are needed, but less, but better spent.
Relevant study by Professor Desiderio Romero Jordan, from which we draw the conclusion that it is not true that Spain has recovered to the level announced by the trumpets of La Moncloa. Although the GDP is much higher than in 2008, the Spaniards are poorer than 17 years ago, because they pay more taxes. The collection of the four main ones (IRPF, VAT, Societies and Special Taxes) reached in 2024 the 281.174 million, representing the IRFP 40% on …
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