LMP: Corporations ‘winners’ of 2023 budget

Opposition LMP on Tuesday slammed the draft budget, saying it favoured multinational corporations and failed to address the “towering problems” of the energy and food crises, inflation and the climate crisis.

Deputy group leader Antal Csárdi told a press conference ahead of the vote on the budget in parliament that low earners and middle-class citizens will suffer most under the 2023 budget.

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Noting over 100 amendment proposals of LMP had been “swept unread off the table”, Csárdi said LMP wanted to raise the taxes of “tax-avoiding multinationals”. The draft budget calculates with 7,100 billion forints (EUR 17.7bn) in VAT revenues and 4,000 billion in PIT revenues, but only 800 billion in corporate taxes, he said.

The ruling parties have also failed to support LMP’s proposal of an inflation-linked raise for public employees and a raise for teachers, he said. He also called for “real utility price cuts” by insulation programmes for residential buildings and tax cuts for sustainable energy resources.

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Source: MTI