Labor tax burden falls relative to GDP

Fresh figures from Statistics Estonia show that the ratio of labor taxes to gross domestic product fell by half a percentage point in 2010, and now stands at 18.3 percent.

The government sector collected a total of 4.8 billion euros in taxes and social security contributions last year, about 113 million less than in the year prior. Of the 2010 revenues, 2.6 billion euros came in the form of labor taxes, which include income tax, health insurance, unemployment insurance and pension fund contributions, whether paid by employers or employees.

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