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How to do tax reforms? A universal recipe for developing countries

tax reforms

Author: Yaroslav Romanchuk, economist and politician from Belarus, president of the Scientific Research Mises Center. (The text is Romanchuk's recommendation for tax reform in Ukraine) The world is rapidly developing in the direction of breakthrough technologies of the IV industrial revolution. Since the end of 2010, communication between people has been fundamentally different from before …

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The illusions of a "wealth" tax

Last week, the largest trade union organization in Bulgaria, the Confederation of Bulgarian Trade Unions (KITUB), publicly presented a proposal for a comprehensive tax reform. Among the many points put forward by the union, two measures stood out as the main pillars of the reform – the introduction of a non-taxable minimum for income tax and the creation of a new "wealth" tax to be imposed on …

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