0:30 - What policies is the government preparing for us with Budget 2019 - left or right? And what does the government's fiscal policy portend for the long-term economic development of Bulgaria? 40:10 - About the controversial reactions to the article "Who is more left-wing: Criticism of conservatives and libertarians II" and our opinion about it. Links: …
More »Budget 2019: More taxes, less fiscal responsibility
Did you know that the 2019 Budget of our country includes a higher deficit than that of Portugal, which was in a fiscal crisis a few years ago? The 2019 Budget was officially published on the website of the Ministry of Finance this Monday, and unfortunately, once again the government focuses on higher spending without structural reforms, …
More »Ep. 33: Why should we abolish corporate tax?
Links: EKIP Tax Reform Proposal For greater convenience, we recommend downloading the podcast audio by clicking the “Download” button in the player above. Don’t forget to like and share on Facebook and write a comment with your opinion and/or criticism about this episode! This way you help us grow …
More »What are the benefits of abolishing corporate tax in Bulgaria?
(This article is a summary of the ECT proposal to abolish corporate tax on retained earnings in Bulgaria and the analysis of the potential effects of such a reform. The full text of the report on the topic can be read here.) In recent years, the debate on corporate tax, its optimal level and the resulting …
More »Why does big business inevitably turn left?
Everything is shaped by the business plan of the big guys... We all remember the case of the fired Google employee who dared to state basic biological differences between men and women and how they translate into socio-behavioral differences. This act of his did not please his superiors, who did not want to …
More »Bulgaria DOES NOT have the lowest taxes in the European Union
Author: Stefan Stoyanov It is widely believed that Bulgaria has the lowest taxes in the European Union. This perception is formed by comparing the rates, especially of Corporate Tax and Income Tax, with the corresponding rates in countries such as Germany or Denmark. But neither of these countries are representative of the entire European Union, …
More »The road to Hell is paved with good intentions - the effects of VAT
This article is not for people who believe in the power of government and authorities to make decisions for a person and navigate their future and destiny. This article is for people who are not afraid to make mistakes, learn from them, and raise their children as their …
More »Why should Scotland introduce a flat tax?
Author: Nikolay Filibev With the arrival of April, a change in the tax system in Scotland came into effect. The existing income tax system in the UK is being complicated by adding two new rates and changing their scope. The main argument with which the minority Scottish National Party government was able to …
More »In the long term, the goal is to completely eliminate cash payments.
Our editor-in-chief Georgi Vuldzhev this week was a guest on the show "Resonance" on Eurocom TV with host Vasko Mavrikov. The topic of conversation between the two was another restriction on cash payments, Budget 2018 and the state of the pension system. Regarding the lowering of the threshold for cash payments adopted at first reading …
More »The 2018 Budget Tragedy: Indiscriminate Spending Without Reforms
Budget 2018 is in fact just a worse version of Budget 2017. The government continues with the same vicious practices of higher spending in the absence of structural reforms and increases in the tax burden, which will worsen the business environment and hit the incomes of workers. And, of course, the biggest disappointment of …
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EKIP– Expert Club for Economics and Politics A Different Opinion