Families and Companies are the victims of brutal errors from Government and Banks transfered over them! (Photo: ALAMY
http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/10760268/Traditional-families-shouldering-heavier-tax-burden-than-global-average.html)
The Organisation for Economic Co-operation and Development (OECD) published in it site, the fiscal burden over wages related to 2013 data:
«Taxing Wages 2014» OECD
http://www.oecd-ilibrary.org/taxation/taxing-wages-2014_tax_wages-2014-en#statlinks
As we can see in OECD tables, the brutal increase of fiscal burden in Portugal, as a poor option of Portuguese Government in the context of Troika financial assistance, are very clear in the 12th rank position of total tax wedge (41,1% of labour costs) with the clear hightest increase in 2013 (3,54%), triggered only by income tax! In contrast Portugal have the 24th rank position in Labour costs (35.511 USD dollars with equal purchasing power) only higher than Turkey, Slovenia, Israel, Czech Republic, Hungary, Estonia, Poland, Slovak Republic, Chile and Mexico.
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