Government to increase pension payments if inflation rises
State Secretary András Tállai said the government must pay special attention to pensioners, and the ministry is monitoring inflationary trends.
State Secretary András Tállai said the government must pay special attention to pensioners, and the ministry is monitoring inflationary trends.
Families raising children, disabled people and pregnant women are eligible for the tax refund under a “unique” measure taken by the Hungarian government.
Hungary’s 9 percent corporate tax rate is the lowest in the European Union, and this has given the country a clear advantage in the race for international investments.
State Secretary András Tállai said the new tax proposal threatens to do extraordinary damage.
Hungary has regained its financial sovereignty over the past ten years thanks in large part to the elimination of the black economy.
State Secretary András Tállai has pointed out that Hungary remains among the three best-performing economies in the EU.
State Secretary András Tallai said statistics showed that the government’s economic policy was working. He added that if a country’s budget revenues are up after the government cuts taxes “then things are going in the right direction.”
“The country’s economic indicators are soaring, quality of life is rising, entrepreneurship is easier and easier. It is hard to grasp why the left-liberal opposition insists on mulling tax hikes and austerity,” András Tallai said.
András Tállai, state minister at the Finance Ministry, has revealed that because Hungary is reducing its taxes at the fastest rate in the European Union it has become the target of Brussels bureaucracy