"National Burden Rate" New Year's 44.6%, Record High Forecast February 27 4:52
The “National Burden Rate,” which indicates the share of tax and social insurance premiums in the people's income, is expected to reach a record high of 44.6% in the new fiscal year due to the effects of the increase in the consumption tax rate.
The "National Burden Ratio" indicates the ratio of tax and social insurance contributions to the income of individuals and companies, and is also an indicator for international comparison of public burdens.
According to the Ministry of Finance, the national burden ratio for the new fiscal year and Reiwa 2 fiscal year is expected to reach a record high of 44.6%, an increase of 0.7 points from this fiscal year.
This is because the increase in the tax burden due to the increase in the consumption tax rate has an effect throughout the year, and the amount of the “income tax deduction” when calculating the income tax has been revised from the beginning. The factor is that it increases.
The national burden rate was 24.3% in 1970, but it has been increasing due to the increase in social insurance premiums such as pensions and health insurance and the increase in the consumption tax rate, and it has exceeded 40% for seven consecutive years. is.
On the other hand, in addition to taxes and social insurance premiums, and the national budget deficit, the "potential national burden ratio" is expected to increase by 0.8 points from the current fiscal year to 49.9%, increasing for the third consecutive year.