Unexpected news came from Scandinavia last week. Sweden will have lower corporate tax rate than Slovakia! Last Thursday Swedish government announced its intention to lower tax rate from 26,3% to 22% in order to „strengthen climate for investments and growth“ in the country. Well, even Scandinavian socialism is not what it used to be. Truly shocking…
In June of 2012 the newly elected Slovak government finally unveiled first official blueprint of highly rummored consolidating measures. The main objective is continuation of cutting the fiscal deficit below 3% of GDP until 2013. Although we find some of the measures positive, an overwhelming majority of the presented proposals will have a negative impact…
The 1st Global Flat Tax Forum October 4-5, 2012 Bratislava, Slovakia Summary of Conclusions On October 4-5, 2012 The 1st Global Flat Tax Forum was organised in Bratislava by The F. A. Hayek Foundation and The Slovak Taxpayers Association in co-operation with following partners: Friedrich Naumann Stiftung, World Taxpayers Associations, and Taxpayers Association of Europe. There were…
The government budget for 2014? Welcome to 1984! That’s how the discussion about the 2014 government budget proposal could be summarised. Reality in stark contrast to official claims, that was the foundation of Orwell’s novel ‚1984‘. And many of the essential claims of government officials concerning the next year’s budget are in stark contrast to…