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.
Sofia residents are protesting against the two largest trade unions today , the Bulgarian National Radio reported. Their demonstration will be held under the motto “No to the priority of low-skilled labor over knowledge”. “The event is a civil..
Strengthening bilateral economic cooperation between Bulgaria and Italy, participation in joint defense projects and achieving peace in Ukraine were the topics of the meeting between Bulgarian Prime Minister Rosen Zhelyazkov and Italian Prime Minister..
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..
Strengthening bilateral economic cooperation between Bulgaria and Italy, participation in joint defense projects and achieving peace in Ukraine were the..
The retirement age should not be changed – this is the position expressed by Social Minister Borislav Gutsanov talking to the Bulgarian National..
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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