The date is 08.03.2019. The then businessman - Mr. Asen Vassilev, publicly claims that the effective tax on a salary of 3,000 leva in Bulgaria is nearly 50%. In this calculation, Mr. Asen Vassilev also adds the social security contributions due with the clear understanding that this money is being spent on "one big theft, garnished with ...
More »Several arguments against the Price Surcharges Act
On 31.10.2018, the National Assembly (“NA”)[i] submitted a Bill to supplement the Consumer Protection Act from a group of MPs from the United Patriots group, which gained wide popularity on social networks under the name “The Law on Surcharges”. Following Valeri Simeonov’s statements about children with disabilities and their mothers …
More »How the National Assembly introduced a "dry regime" for the sale of commercial enterprises
1. The latest amendments to the Labor Code and their true purpose On December 22, 2017, in the Official Gazette, No. 102 of 2017, the Law on Amendments and Supplements to the Labor Code (“LALC”) was promulgated[i]. Most provisions entered into force on the day of promulgation[ii]. It is evident from the LALC itself that the true purpose of the legislative …
More »
EKIP– Expert Club for Economics and Politics A Different Opinion