{
  "id": 12935785,
  "title": "Taxes account for over 53% of labour costs in Spain, study finds",
  "url": "https://urgent.news/2026/10/08/taxes-account-for-over-53-of-labour-costs-in-spain-study-finds",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T19:11:03.000Z",
  "source": {
    "name": "Euronews",
    "slug": "euronews",
    "url": "https://www.euronews.com/2026/10/08/taxes-account-for-over-53-of-labour-costs-in-spain-study-finds"
  },
  "original_language": "en",
  "account": "A recent study by the liberal think tank, the Juan de Mariana Institute, reveals that public authorities consume over half of the total cost of employing an average worker in Spain. The institute estimates that taxes and social security contributions account for €53.60 for every €100 in labour costs, based on an annual labour cost of €39,481. This economic autopsy of Prime Minister Pedro Sánchez's time in office, conducted by the institute's head of research, Diego Sánchez de la Cruz, also highlights a significant increase in tax revenues - up by 39.7% since 2018 - and an overall increase in public spending and debt. The report also discusses deteriorating public services, with rising healthcare spending, long surgical waiting lists, and subpar education, while also pointing to a housing crisis with median rent surpassing the median salary of a young worker.",
  "summary": "In 2025, Spain's Finance Ministry argued that its tax cuts for middle-income earners had delivered €38 billion in savings",
  "key_points": [
    "Taxes and social security cost €53.60 per €100 of labor in Spain",
    "Study by Juan de Mariana Institute finds 53% of labor costs are taxes",
    "Tax revenues up 39.7% since 2018, public spending and debt also increased"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}