MESTRE – This is thelast weekend of the year in which Italians are called to work for the tax authorities. In fact, from Monday 3 June the so-called “tax liberation day”, starting from which, until December 31st, we work to satisfy our needs. The annual processing was carried out by the Research Office of Cgia of Mestre, which reports that this year the tax burden set at 42.1% it will drop by 0.4 percentage points compared to last year, and therefore ‘tax Freedom Day’ arrives a day early. Despite the slight decline, Italy remains the fifth European country with the highest taxation, 2.2 points above the European average.
For many Italians this is the achievement of an important goal, even if purely symbolic. Be they VAT numbers, employees, pensioners or businesses. In purely theoretical terms, therefore, from Monday we will work to satisfy our needs and no longer to pay the taxes, duties, duties and social contributions expected in 2024. A revenue that should guarantee 909.7 billion euros for the treasury . Resources that are indispensable for the State to operate schools, hospitals, buses, trains, public offices and to pay pensions, salaries of state workers and local authority employees. In other words, it is money that public administrations first collect, then invest in services, welfare, social and economic infrastructures to improve the quality of life of each of us.
In order not to be misunderstood, the CGIA note specifies, «it is good to highlight it forcefully: even if “tax liberation day” does not constitute an absolute principle, this exercise empirically demonstrates how excessive the tax burden continues to weigh on Italians, although this year the tax burden is destined to fall by 0.4 percentage points compared to 2023. And thanks to this contraction, Italians will be able to celebrate “tax freedom day” on Monday 3 June”.
In short, if from the beginning of January until tomorrow we have hypothetically worked to honor the tax requests, from the beginning of next week until December 31st, however, we will do so for ourselves and our families. From this school case developed by the CGIA Research Office, it emerges that for the current year, 154 days of work were necessary (Saturdays and Sundays included) to fulfill all the tax payments expected this year (Irpef, Imu , VAT, IRAP, IRES, various additional taxes, social security/insurance contributions, etc.). Compared to 2023, this year we are “free” from taxes one day earlyeven if by calendar there are two, since 2024 is a leap year.
