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.
On May 23, 24 and 25, the Festival of Crafts and Art takes place in Dobrich. Artists from all over the country will take part in it and present Bulgarian traditions and culture. Graduates of specialized educational institutions..
Primorsko is the new seaside capital of sports and culture, the municipality announced. Today, the European Sailing Cup event for the Olympic classes ILCA 6 and ILCA 7 officially starts in the town. The competition, in which 50..
Friday will be mostly sunny. Cumulus clouds will form in the afternoon and in many places there will be short-term, temporarily intense precipitation - significant in the Danube Plain and Eastern Bulgaria. Temperatures will rise and..
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..
Friday will be mostly sunny. Cumulus clouds will form in the afternoon and in many places there will be short-term, temporarily intense..
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