CORRIERE.IT: TAX PRESSURE, THE EU HITS A RECORD BUT THIS HOLDS BACK GROWTH

CORRIERE.IT: TAX PRESSURE, THE EU HITS A RECORD BUT THIS HOLDS BACK GROWTH

In Corriere.it, Alberto Mingardi highlighted the European Union’s record tax pressure at around 39% of GDP and criticised the European Commission’s proposal to expand the next Multiannual Financial Framework to €1.763 trillion with new own resources. The article references Epicenter’s study, which demonstrates that a leaner budget capped at 1% of GNI (approximately €1.6 trillion for 2028-2034) would be sufficient for the Union’s core functions, warning that additional European taxes and spending would further burden families and businesses without delivering genuine growth or competitiveness.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).