Tax Freedom Day, June 7th is the First Tax-Free Day

The Cgia of Mestre has calculated how many days of work are necessary on average for an Italian taxpayer to pay all the taxes of a year, the tax freedom day . The result of this experiment has identified June 6 as the date on which the 156 days that, on average, one must work in Italy to pay taxes expire.

This is a completely indicative measure, which serves to demonstrate how much of the time spent working is actually dedicated to paying taxes. A more intuitive method than the tax burden , which often remains an abstract number.

What is Tax Freedom Day?

To calculate the 2025 tax freedom day, the Cgia estimated the Italian GDP in 2025 at 2,256 billion euros, which divided into the 365 days of the year allows to obtain a daily gross domestic product of 6.2 billion. The study then extrapolated the forecasts of the State's tax revenues, equal to 962.2 billion euros. Dividing this figure by the daily GDP, we obtain the number of days of work necessary to pay the entire tax burden.

The result is, as mentioned, 156 days, which makes June 7 the first “tax freedom day” of 2025 in Italy. It is the result of the tax burden of our country, which is very significant at more than 42%. As also underlined by Cgia, the calculation of the tax freedom day is only a theoretical exercise, useful to understand how much taxes weigh on the salaries of Italians.

Tax Freedom Day in Other Countries

While not a data used in economics or for political decisions, tax freedom day is also a good method of comparison to understand the incidence of taxes in various countries around the world. Since it is not an official metric, its measurement is not systematic and therefore the data is not always up to date. In 2023, the ranking of the largest Western countries read:

1. United States, April 18,
2. United Kingdom, May 9,
3. Spain, June 8,
4. France, July 17,
5. Germany, July 21

As is evident, Italy is not among the countries with the worst tax freedom day in Europe, despite the amount of taxes that weigh on taxpayers is often considered very high.

The weight of taxes in Italy

Cgia has also explained this position of Italy with some interventions aimed at reducing the tax burden in recent years. In 2025 the Government has increased Irpef deductions and has provided a bonus for income from employment of up to 20 thousand euros, with the intent of reducing the tax wedge and to compensate for the decontribution . However, this was not the only factor that contributed to the reduction of the tax burden, as explained by the study:

The good performance of tax revenues in 2024 was determined by economic factors that influenced the growth of substitute taxes relating to capital income. We should not forget the growth recorded by wages; thanks to contract renewals, the payment of arrears in public employment and the increase in the number of employed people, Irpef and social security contributions have undergone a positive increase.