Socialist PM candidate pledges benefits linked to smaller exec-employee pay gap

Budapest, April 29 (MTI) – László Botka, the opposition Socialist Party’s candidate for prime minister, on Saturday said his party, if elected to power, would grant tax benefits to companies where the executive-employee pay gap ratio is lower than 7:1.

Speaking at a meeting of the Kiss Péter Free University organised by the Societas Left Wing Youth Movement, Botka warned against substituting a fundamentally new left wing policy and strategy with watered-down initiatives intended to cement the opposition.

Botka said they would put forward proposals including ones to reduce pay gaps and introducing strict salary caps in public sector leadership positions.

He said the Socialists Party as the only alternative force capable to govern instead of Prime Minister Viktor Orbán and his ruling Fidesz party.

Botka said his “door was still open” to every political and civil organisations striving for change, arguing that the democratic left stood the biggest chance of winning the general election next spring by fielding one joint candidate in each of the 106 individual constituencies.

Photo: MTI

Source: MTI