EKIP– Expert Club for Economics and Politics A Different Opinion
As is well known, as long as there is someone to read:
1. Taxes are on average 50% of the income of an individual or household, everyone can check the individual picture at kolkodavam.bg;
2. There is money for airplanes and everything else, but there are also irrational budget expenditures of 0.5-1% of GDP per year;
3. There are also conceptually wrong, although rational from the point of view of bribing voters, expenditures on pensions, health and education, roughly around 50% of the budget per year, and they could be 10% less, with more humane and social budgets;
4. Greater government spending, without plugging the holes, is harmful and will ultimately require higher taxes, government borrowing or bankruptcy;
5. Higher taxes will lead to slower income equalization even with a new Europe, while even now the whining that this is happening slowly is universal;
6. Farts are not a game, i.e. there cannot be more revenue in the budget if there is no more income for taxpayers; if their taxes are raised, they will have lower incomes;
7. The fact that a government - whatever it may be - has more foreign money does not imply that it will steal less or that it will spend what it collects more economically and properly;
8. When Einstein said, " the personal income tax is the most difficult thing in the world to understand," he meant something much simpler than what was explained in points 1-7; if someone doesn't understand it, I don't see how they can be helped.
Author: Krasen Stanchev
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