High-income earners in Ukraine face higher tax burden than European counterparts.
The article discusses how the personal income tax system in Ukraine can be improved to better support social welfare. By comparing Ukraine's tax system with other countries, the researchers found that Ukraine has high tax pressure and an inefficient tax structure. This leads to high taxes on low incomes and low taxes on high incomes, impacting wage growth and economic activity. To address these issues, the researchers suggest adjusting tax rates based on income levels to better match taxpayers' ability to pay.