#Forex Haberleri

Majority of tax burden falls on wage earners

The increase in taxes has been shouldered by wage earners. According to the Budget Monitoring Bulletin published by the Turkish Economic Policies Research Foundation (TEPAV), in 2024, employees saw a 5.5 percentage point increase in their share of income tax payments. When considering all tax items on income and earnings in 2024, employees paid 65.4% of the income tax. This share was at 59.9% in 2023. Looking only at income tax, the share of wage earners increased to 93.4%. Out of last year’s income tax total of 1 trillion 527 billion TL, 1 trillion 426 billion TL was paid by employees.

Majority of tax burden falls on wage earners

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