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"Nor is free enterprise capitalism a free-for-all. This is not always fully understood in countries which are trying to make the difficult transition from socialism to capitalism. A properly functioning market economy must always be governed by clear rules of competition and there must be effective safeguards for investors. Capitalism cannot, in fact, operate without a strong administration to police the laws that provide its framework. And it cannot succeed without honesty. Racketeers, blackmarketeers and smugglers are not entrepreneurs - they are just plain criminals.  Corruption and gangsterism are scourges which afflict many newly developing economies and states. They should be ruthlessly and fearlessly expunged. Otherwise not just the free market but freedom itself is in peril. " Lady Thatcher, Speech Delivered in Zagreb, Croatia, Sept. 16, 1998

CROATIA'S TAX FREEDOM DAY - JUNE 13, 2008

Croatia's Tax Freedom Day - Dan Porezne Slobode calculated by The Adriatic Institute falls on June 13, 2008, a day later when compared to last year's findings.  On Friday, June 13, 2008, Croatia's workers stopped working for the Minister of Finance and began to work for themselves. Nacional - Croatia's independent economic and political weekly featured Croatia's Tax Freedom Day through a major article.  Croatian taxpayers worked 164 days for the government this year.  Croatia's government expenditures reach 45% of GDP. 

Croatia's heavy tax burden includes a value added tax (VAT) of 22% which is the highest in eastern Europe.  Only two countries within the EU have a higher VAT than Croatia: Denmark and Sweden both have a VAT of 25%.

Natasha Srdoc, president of the Adriatic Institute called for lower tax rates - and the introduction of the flat tax of 15% for personal and corporate income including VAT.  The 15% flat tax for Croatia is based on a recent flat tax simulation model prepared by Natasha Srdoc.

Croatia's Tax Freedom Day was covered by independent broadcasting and print media including independent Radio 101, Radio Rijeka, Kapital Biz TV, Sutra 24 and a live interview from Silicon Valley, California with Natasha Srdoc on NOVA TV's evening program hosted by TV anchor - Mirjana Hrga.  Featured articles appeared in Nacional, Banka, Business HR, Lider Press, Privredni Vjesnik, Sutra and other media. 

Nacional - Croatia's independent economic and political weekly features the 2008 Tax Freedom Day:

Dan Porezne Slobode

By Marko Biocina 

 


NOVA TV

 

10 do 8

VIDEO HIGHLIGHT:  
NOVA TV's anchor Mirjana Hrga interviews Natasha Srdoc - Live from Silicon Valley, California
 

BUSINESS.HR

Pola godine Hrvati rade za drzavu, pola za sebe

Link: http://business.hr/Default2.aspx?ArticleID=8da51ea3-3b49-4b4f-ae08-e32f51cb1243&open=sec#


JUTARNJI LIST
 
 

LIDER PRESS

Domaci porezni obveznici u 2008. rade jedan dan duže za drzavu

Link: http://www.liderpress.hr/default.aspx?sid=46952


PRIVREDNI VJESNIK

Dan porezne slobode ove godine 13. lipnja 

Link: http://www.privredni.hr/index.php?option=com_content&task=view&id=651&Itemid=1



VOICE OF AMERICA - GLAS AMERIKE
By Bojan Klima


CROATIA'S 2007 TAX FREEDOM DAY - 'DAN POREZNE SLOBODE'

VIDEO HIGHLIGHT:

NOVA TV - DNEVNIK.hr


POSLOVNI DNEVNIK