government spending

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 …

The 2018 draft budget is a worse remix of the 2017 budget, which itself was pretty bad. So, the 2018 budget is downright tragic, in my opinion. This was said by economist Georgi Vuldzhev, from the Expert Club for Economics and Politics (EKIP), on the Boom & Bust show on Bloomberg TV Bulgaria with hosts Vladimir Sirkarov and Kuzman …

Jeffrey Dorfman, Forbes Today’s political climate is highly partisan. Debates are filled with personal attacks, sharp words, and outright disagreements, as each side clings tightly to its beliefs. Both sides believe and vouch for their opinions as fact. With that in mind, here are the ten …

As is well known, as long as there is someone reading: 1. Taxes are on average 50% of the income of an individual or household, everyone can check the individual picture at kolkodavam.bg; 2. There is money for airplanes and everything else, but there are also irrational budget expenditures of 0.5-1% of GDP...

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 ...

The draft law on the state budget for next year does not confirm initial expectations. The government has once again accumulated surpluses this year and although the budget balance at the end of 2016 is equal to zero, a balanced budget will not be a fact next year. Instead of trying to utilize its current revenues and preserve …