Tax Freedom Day 2009
This is the fourth year in a row that we have computed Belgium’s ‘Tax Freedom Day’ i.e. the day from which the representative inhabitant in the country stops paying taxes and starts working for himself or herself.
Unlike the three former years, where this day fell on 10 June, it appears based on the latest data from the Federal Planning Agency that this year Tax Freedom Day will fall on 8 June.
As it is the first time in 4 years that there seems to be a move forward towards the beginning of the year, one immediately wonders whether the various changes introduced by the last governments are ‘finally’ going to take effect in reducing our substantial tax burden.
Unfortunately, this would appear not to be the case. As a matter of fact the ‘shift’ of two days merely results from the mathematical effects of the formula due to the crisis that has hit us.
