taxes

Extremely quickly and without almost any in-depth discussions, the 2020 Budget was adopted on first reading this week. We cannot help but be left with the impression that the budget for next year was very much overrun. And it shouldn't be, especially considering that this year the economic …

This week, the Council of Ministers approved the draft law on the state budget for 2020. It was announced by Finance Minister Vladislav Goranov as realistic, balanced and without surprises. Indeed, “without surprises” is an accurate definition – Budget 2020 carries the spirit of the same policy as in the preparation of the previous ones. But, fortunately, for …

Author: Georgi Georgiev The topic of the forcible seizure of property in the form of various taxes and levies is key to libertarianism (“taxes are theft”). If we take into account the skeptical attitude towards the way tax revenues are spent by most modern Bulgarians and the actions aimed at avoiding taxation, then the majority …

With the arrival of autumn comes the budget season in the country. The draft budget for the next year (or at least its final touches) is always prepared in October and published towards the end of the month, and every time we from EKIP evaluate it...with great disappointment. This time we decided to take matters into our own hands and …

The almanac will be a kind of collection and compendium of every government measure that violates, takes away, limits the freedoms of Bulgarian citizens. With this publication, we aim to keep our audience informed about all the restrictions on their freedoms that the government imposes. We will add new cases as soon as they are published in the State Gazette and will …

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 …

Author: Yaroslav Romanchuk A common criticism of libertarians is that instead of offering innovations, solutions, and concrete projects, they direct all their efforts to discredit power and the status quo. For supporters of freedom, it is of utmost importance that the world understands that this criticism is unfounded. And we can do this by promoting working …

Author: Jean Wilbert for fee.org Healthcare. Education. Along with others, these “goods” are considered so important that most modern governments go to great lengths to provide them to people on low incomes. Of course, we can’t really deny how important these services are. In a 2016 study, …

Last week, the Confederation of Bulgarian Trade Unions (CITUB) announced a proposal for restructuring the tax system in Bulgaria, which includes 9 measures for “fairer” taxation. Of course, coming from their side, “fairness” means an increase in the tax burden. The unions are proposing a number of reforms to the system, most of which are the introduction of new and increases in old taxes – …

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 …