2007: 36% flat rate combined national and municipal
2010: 24.1%, 27%, 33% national plus additional municipal tax rates
2008: 15% flat rate
2013: 15%, 22%
2004: 19% flat rate
2013: 19%, 25%
2008: 10% flat rate
2014: 13%, 23%
2012: 25% flat rate
2015: 26%, 31%
2004: 13% flat rate
2007: 15% flat rate
2011: 15%, 17%
2015: 15%, 20%
2016: 18%, 20%
The IMF, other global organizations, and a large majority of economists and tax specialists around the world oppose the flat tax on ideological grounds. They have been working relentlessly for several decades to replace the flat tax with multiple, graduated rates.
Monday, July 4, 2016
Wednesday, March 2, 2016
Thursday, December 31, 2015
A new party, .Nowoczesna (.Modern Party) was formed in May 2015. Its leader is Ryszard Petru. Its tax policy is an across-the-board 16% flat tax (16% personal income tax, 16% corporate income tax, and 16% value added tax).
The party received 7.6% of the vote in the October 25, 2015, parliamentary elections, coming in fourth place. At the end of 2015, its favorability rating in the polls stood at 13%.
Friday, March 20, 2015
Countries or Jurisdictions With a Flat Tax as of March 2015 (Includes Personal Exemption or Allowance. Effective Zero Rate on First Tranche of Earnings or Self-Employed Business Profits)
|Jurisdiction||Tax Rate (%)|
|Boznia and Herzegovina||10|
|Trinidad and Tobago||25|
|Czech Republic has a Temporary 22% Upper Rate|
|Greenland has an Additional 5% Municipal Flat Rate|
|Slovakia has a Temporary 25% Upper Rate|
has an Additional 4…35% Cantonal and Municipal Flat Rate
Isle of Man is Considering a 20% Flat Tax Effective April 1, 2016
Tuesday, December 23, 2014
Effective January 1, 2014, Albania replaced its 10% flat tax on personal and business income with two rates of 13% and 23% on personal income and 15% on all forms of business income. Details are here.
Left-wing politicians have been waging continuous war against those countries that have adopted a flat tax during the past quarter century. While Thomas Piketty has won a small battle in Albania, its people will be the losers in years to come.