For 175 of the 365 days of the year, Greeks are expected to work in 2024 just to pay taxes and contributions to the state, with Tax Freedom Day coming this year on June 25—an improvement of 3 days over 2023 and 9 days over 2022.

For the tenth consecutive year this year, the Centre for Liberal Studies is presenting a study on Tax Freedom Day in Greece, the day when Greek taxpayers would be freed from the burden of taxes if the money they earned from their work had to be used to pay off their obligations to the state before they could meet their own needs.

The main findings of this year's study

• June 25 is Tax Freedom Day for 2024, according to the government's projections for tax and social security receipts. This year, we will work for the state 175 out of 365 days of the year, 3 days less than in 2023.
• The 175 days working for the state projected for 2024 is the lowest tax burden in 10 years.
• From 2019 through the projections for 2024, the tax burden has decreased by 6 days, from 181 to 175 days.
• If the General Government deficit for 2024, which represents future taxes, is included, then Tax Freedom Day for 2024 comes 5 days later, on June 30.
• According to ELSTAT's accounting data, in 2023 we worked 178 days for the government (HFS: June 28), and if the General Government deficit is included, then Tax Freedom Day for 2023 came 7 days later, on July 5.
• Among the 27 EU Member States, Greece has the 11th lowest tax burden (including deficits), improving its performance by 10 places compared to 2022, when it was in 21st place.
• How much our taxes are paying off: According to OECD data, Greek citizens' satisfaction (2023) with the healthcare system is the lowest among the 21 EU member states for which data are available, while the country ranks 16th and 17th, respectively, in terms of citizens' satisfaction with the education system and the judicial system.

Commenting on this year's results, Director General of the Centre for Liberal Studies Nikos Rompapas said: "The reduction in the tax burden recorded in recent years on Tax Freedom Day is a positive development first and foremost for citizens and households facing the tide of inefficiency. This tax relief, which is also a key pillar of the proposals put forward by the experts in the context of the Economic Freedom Assessment of our country, is expected to improve Greece's position in the Economic Freedom Index and to further boost new investment, employment and prosperity. In any case, the reduction of the tax burden and the further adjustment of the tax system towards greater simplicity, neutrality, and stability should continue. A tolerable, simple, neutral and stable tax system is a prerequisite for the country's dynamic growth, the real strengthening of household incomes and the sustainable enhancement of government revenues".