Czechs begin earning for themselves on June 14; 'Tax Freedom Day' mark reached two days earlier than in 2004

13-06-2005

In other news, as of Tuesday this week, Czech taxpayers stop 'working for the government' and begin earning for themselves. This year, Tax Freedom Day arrives on the 14th of June, two days earlier than it did in 2004. By this measure, Czech taxpayers will spend 165 days of this year making money for public budgets and then 201 days earning for themselves. The date is calculated in large part by comparing the ratio between total tax revenues and net national incomes. The overall burden on the Czech taxpayer has increased in recent years. When first introduced in the Czech Republic in the year 2000, Tax Freedom Day came eight days earlier, on the 6th of June.