Portugal pays more and more taxes on the wealth that it produces – TVI24

it is Not surprising but when you look at the comparison made by the Organisation for Economic Cooperation and Development (OECD), for 2015, confirmed the worst expectations.

Among the members of the Organization, Portugal is one of the countries that paid the tax to a percentage of Gross Domestic Product (up 34.5%). That is, roughly speaking, of the wealth it produces. According to data released yesterday, this value is above of the 34,3% of the average of the 32 countries that make up the Organization.

This is, in fact, the first year (2015) in which Portugal is above the OECD average, after in 2014 have remained in equality with the average of the Organization – in 34,2% of taxes on the wealth produced.

And if we look at the set of countries below the mid-table of the OECD in terms of tax burden, the Portuguese are in front of the Spanish neighbours (33.8 percent of tax revenue in percentage of GDP) and of the british, since in the lands of his majesty the percentage is 32.5%.

Portugal is only surpassed in the weight of taxes in the total Product by countries such as: Denmark (46,6%), Belgium (44,8%), Finland (44%), Austria (43,5%), Sweden (43,3%), France (45,5%) and Germany (up 36.9%). Interestingly, the last two being the largest economies in the euro zone and the first known, some of them, as an example of the return of the citizens pay in taxes versus what they receive from the State in the field of health systems and education

The so-called economies of the Latin south of Europe, even so, the Italian people (43,3%) and the Greek (a 36.8%) are able to be more buffeted than the Portuguese when the subject is taxes.

on The other side of the Atlantic, the north-americans feel a weight of 26.4% in fiscal matters, far above the mexican (17.4 percent).

overall, the edition 2016 of the annual publication of the OECD on the statistics of income reveals that the ratio of the mean of the OECD on the tax-to-GDP ratio increased slightly in 2015, to 34.3%, compared with 34.2 per cent in 2014. This is the highest level since the series Revenue Statistics started in 1965.

In 25 of the 32 OECD countries that have provided preliminary data, in 2015, there has been an increase in the levels of tax-to-GDP ratio, while the levels of taxes to GDP decreased in the remaining seven countries.

with regard to taxes on consumption, says the OECD, that jumps to the view that "revenues from VAT are the largest source of revenue", having reached a plateau historical 6.8% of GDP and 20.1% of tax revenue in 2014.