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 – …
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 »Bulgarians think the state is wasting their money, they want lower taxes
The national representative survey "Attitudes towards Tax Policy in Bulgaria" was recently published. It was prepared by the Market Links agency on behalf of the environmental association "For the Earth" and presents many curious facts about public opinion regarding the Bulgarian tax system. Since the topic has always been of primary interest to us, the authors in ...
More »Hillary Clinton's Tax Policy – Socialism on Steroids
Following the commentary we published on the first elements of Republican candidate Donald Trump's economic policy, we continue with a look at Hillary Clinton's tax policy. The presidential campaign in the United States is interesting to say the least, and as the election approaches, it is becoming increasingly complicated. The final outcome will have a significant impact on both …
More »What is not remembered and not understood about the proportional (flat) tax
"It was taken without wide discussion" (the decision to introduce a flat tax), claims the director of the Institute for Economic Research of the Bulgarian Academy of Sciences in a presentation of their report this week. In fact, this discussion began in December 1997 and ended in December 2007, with the effects of the reform being monitored and assessed ...
More »Bank regulations – to the detriment of both companies and consumers
The law is very rarely – or rather, almost never – a reflection of reality. On the contrary – the law is a reflection of the will of the legislator regarding what reality should be. It is for this reason that most attempts to model human behavior with the help of legislation are doomed to failure – …
More »Tax changes for the poorest - yes or no
Along with the policy of accumulating budget deficits and refusing to implement reforms, between the first and second readings of the budget law, a good idea emerged, albeit rather timidly – that at least the money of the poorest does not belong to the state. Although they will not be exempt from …
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EKIP– Expert Club for Economics and Politics A Different Opinion