Romania loses billions of euros every year due to the unique tax rate, warns former minister Marius Budăi
Romania loses 11.8 billion euros annually as a result of maintaining the unique tax rate, the former Minister of Labor, the Social Democrat MP Marius Budăi, warned on Thursday.
Marius Budăi drew an alarm signal on the unique Octav Ganea photo tax rate
According to him, according to him “Romania needs progressive taxation” and the income of the population should be charged according to their level.
“Romania is one of the few EU countries that still apply a unique personal income tax – 10%, whether we are talking about an employee on the minimum wage or someone who earns 20 times more. A fiscal reform with progressive 3 -speed taxation (6% – 12% – 18%) would mean 0% or a small tax, a small tax,Budăi sent on Facebook.
He also stated that official simulations show that if they would change the tax system, Romania would collect 11.8 billion euros in addition to the budget, a 25% increase in income tax revenues.
At the same time, the inequalities would decrease: the poorest 10% would earn a little more and the richest would contribute more correctly, and the system would become more fair, more efficient and more human, the former minister says.
“Progressive taxation is not a punishment for success, but a form of responsibility and solidarity. The current system sometimes favors rents and income from capital (which are poorly taxed), while salaries – even doctors, teachers, engineers – are taxed to blood. Progressive taxation can correct these imbalances and sustains exactly as well as those who work, Others to which we gaze we often apply for years, such systems, with clear results in reducing inequality and developing public services.concluded Budăi.
