Eurogroup

Eurogroup (July 8, 2014) Structural reform agenda - thematic discussions on growth and jobs - Reduction of the tax wedge.

"A high tax burden on labour is an impediment to the objective of supporting economic activity and increasing employment. 

(...) tax wedge reductions need to be compensated (...) through revenue-neutral tax shifts, away from labour to revenue sources that are less detrimental to growth such as consumption taxes, recurrent property taxes and/or environmental taxes."