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Daily News Daily News · 18/12/2016
· Business

LMP lambasts govt for tax changes

economy labour market LMP tax/VAT
Daily News Hungary economy

Budapest (MTI) – The government’s new tax package is aimed at “fixing problems created by the government itself”, opposition LMP said on Saturday.

LMP spokesman József Gál told MTI that the government had served the interests of multinational companies rather than working to ensure higher wages. As a result of the government’s policies wages have been suppressed rather than increased, employee rights have been curbed while foreign companies have benefitted from cheap labour and tax incentives, he said.

Hungary’s “wage-crisis” will not be resolved as long as the government insists on maintaining the single bracket tax and its “assembly plant” economic policy, Gál said.

Source: MTI

economy labour market LMP tax/VAT
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