Hungarian government prioritises family support, plans major tax relief boost
The government is on the side of families and wants to strengthen them, rather than migration, Balázs Hankó, the minister of culture and innovation, said on commercial channel TV2 on Friday.
Hankó said it was important to reaffirm this with the National Consultation public survey and the support of Hungarians.
He noted that the government has passed thirty family policy measures since 2010, leaving HUF 3,600 billion (EUR 8.8 billion) with families through the family tax relief alone. The government plans to double this tax relief in two steps, in the summer of 2025 and at the beginning of 2026, he added. This would increase the tax relief to 200,000 forints for a family with three children, Hankó said.
The family policy measures passed by the government in recent years have made Hungary a family-friendly nation, and “this is recognised in Europe and across the world”, he said.
Hankó said the government respected the elderly and guaranteed their financial security by maintaining the 13th-month pension. He also mentioned the blue-collar credit scheme due to be introduced from next year.
“If [the National Consultation] receives sufficient support, we’ll be able to say that it is not the government that Brussels has a disagreement with, but the Hungarian nation,” Hankó said.
Read also:
- Dramatic fall in the number of births in Hungary
- Tax changes in 2025 in Hungary: Airbnb tax skyrockets, currency conversion fee remains, plane tickets may be cheaper
Featured image: depositphotos.com
For the visually inclined: “How Orban’s “Pro-Baby” Policies are Bankrupting Hungary”
https://www.youtube.com/watch?v=DUPH2n3g5bg&t=38s
Or just read the Financial Times article:
https://www.ft.com/content/3ea257fd-e8ef-4f05-9b89-c9a03ea72af5
I dislike the term, but on this occasion use it, because this the exact “Modus Operadi” of the Orban – Fidesz Government, that ALL reflects back on them, the nearing of 16 years they have been in Government in Hungary, there GARGANTUAN failings of PRIORITIZATION – that FACTUALLY sees them a Government, strangulated for income and revenue, with MOUNTING Government DEBT.
There ACTION plan – to ROB Peter to GIVE to Paul – as they besides increasing personal and corporate taxes in Hungary – which would deepen increase PAIN – to millions already of Hungarians, living there lives under growing duress and “survival” pressures, through a Government – Economically and Financially – STRANGULATED.
The Orban – Fidesz Government – through DEBT, through in-sufficient generated income / revenue, when we see, what really is just PROPANGANDA – announcements arising, coming out of Orbans “mouth” like the subject of this article – the MAJOR question that needs to be asked is – AFFORDABILITY.
We know through strangulation, debt, lack of income/revenue – that affordability WILL only come about by the ROBBING of Peter- to Give Paul.
Orban – the Fidesz Government will in effect CULL “other” needs of civilians – or “other” sectors of the economy of Hungary – if, what the subject of this article refers -if it ever to be put into Policy.
Flexibility, – the availability to make – introduce new NEED’s related Policies to the Families of Hungary – to the civilians/population of Hungary – the affordability – through the STRANGULATION ongoing process which is causing the STRONG growing picture, of the high “probability that factually, we will witness, the complete collapse – of the Hungarian Economy- what will Win out – be the WINNER, sooner than later.