Economic and fiscal policy

In recent weeks, the most current political and economic topic in the country has been the numerous proposals to abolish VAT, which seem to be pouring in from absolutely all sides of the political spectrum in the Bulgarian parliament. After the initial proposal, which came from the DPS, alternative ideas for abolishing the value-added tax have also appeared in …

The gender pay gap is a topic that has shaken Western societies for at least a decade. Fortunately, in our country, despite attempts to create a local activist hubbub, the topic is still being viewed with a sober mind. There are good reasons for this, but it is still useful to look behind the numbers …

At this stage of Donald Trump's presidency, it is extremely difficult to answer unequivocally the question of whether his term has been successful in economic terms. On the one hand, we have undoubtedly successfully implemented economic reforms, such as the reduction of corporate and personal tax rates, as well as the deregulation of a number of over-regulated sectors from …

The native MEPs were beating their chests that they had successfully fought for new EU legislation in the field of consumer goods, through which they would prevent the so-called "double standard" of food between the eastern and western parts of the continent. Whether this is fake news or just political posturing - remains a topic of …

In the midst of Brexit, about which I[i] wrote on June 22, 2016[ii] and where nothing unexpected has happened since the then-forecast, and in the midst of domestically important political topics, the approaching expected actions for Bulgaria’s entry into the “eurozone waiting room” and membership in the zone itself were completely forgotten. If we exclude the statements of …

Tax Freedom Day is the day on the calendar when citizens will pay the planned revenues into the budget and begin working for their needs. In 2019, this day in our country falls on May 18, 138 days after the New Year. This means that if everything …

As the European Parliament elections approach this month, all the candidates are tripping over each other to explain why we should vote for them, without of course promising anything concrete. And without even directly addressing the serious topics that should be a priority in the pre-election debates. …

Author: Assoc. Prof. Dr. Hristiyan Atanasov Elementary economic logic suggests that a lower tax rate is an opportunity for the accumulation of greater wealth by the individuals of society. It is clear that an enterprising person has the opportunity to earn more and, accordingly, the smaller part of what he earns he transfers for the “common good” (for example, to the state, …

Author: Veselin Pashov On 28.09.2018. the updated Regulation H18 concerning cash registers was published in the next issue of the State Gazette. In connection with fiscal devices, structural changes are being introduced concerning the manufacturers of such products, which, generally speaking, will lead to sending information every 5 minutes from the devices to the servers …

Continued from Part I Continuing our discussion of the denial of personal freedom, we will examine how shifting responsibility to poorly functioning institutions pre-emptively limits our economic freedom. 2) The government and its ministries, agencies, and supporting institutions must ensure that every individual dream and …