Prevalent public opinion is categorically in favour of a progressive taxation system, i.e. lower tax rates for the poor and higher rates for the well-off, indicate the results of a national survey conducted by Market Links. At the moment the taxation system in this country is regressive – people who are poorer pay higher taxes, and people who are richer - lower taxes because the insurable earnings ceiling is 1,300 euro per month with no tax on earnings in excess of this sum. 94.5 percent of respondents say that economic inequality is a problem for Bulgaria. The flat tax system, i.e. a single tax rate for all incomes, has the support of a mere 20 percent of people whereas a progressive tax system is supported by around 50 percent.
Minister of Tourism Miroslav Borshosh held a working meeting with his Croatian counterpart, Tonci Glavina, in Zagreb this week , the Ministry of Tourism announced today. The conversation focused on the potential advantages of adopting the euro for..
President Rumen Radev today referred a rejected proposal for a national referendum on adopting the euro to the Constitutional Court. He is seeking a binding interpretation of the Constitution, as well as the annulment of National Assembly Chairwoman..
May 24 has been declared Bulgarian Cultural Heritage Day in Seattle , according to BNR correspondent Elena Tsaneva in Chicago. 'May 24 marks the creation of the Cyrillic alphabet, which became a cornerstone of literacy and communication for..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
55% of Bulgarians do not feel informed about the introduction of the euro in Bulgaria, while 41% express the opposite opinion, according to a..
The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
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