Implicit tax rates of consumption, labour and capital
2011
Sources of data:
Eurostat
In a European comparison, taxes on consumption are relatively high, while taxes on capital are relatively low in Hungary. This trend even deteriorated further for both indicators between 2008 and 2011. Let us add that low levels of taxing capital is also a widespread phenomenon in the Visegrad countries, whereas the high tax burden on consumption is striking even in a regional context. Based on the above, we judge the Hungarian performance to be weak, which merits a grade of 2.