news letter

Weekly newsletter

DK Calls on Govt to Slash VAT, Suspend Welfare Cuts

2018.10.13.
The leftist opposition Democratic Coalition (DK) is calling on the government to take immediate steps to cut the VAT rate and to suspend cuts to social expenditures.

Péter Niedermüller, the party’s deputy leader, told a press conference on Saturday that Prime Minister Viktor Orban’s government was only offering inflation, rising food prices and reduced social benefits to the neediest in a year which has officially been dedicated to families.

He called on the government to accept the European Parliament’s proposal to cap VAT rates at 25 percent and to draw up a comprehensive plan to help the neediest members of society.

MEPs voted in Strasbourg this week to propose setting a maximum VAT rate of 25 percent. Hungary’s main VAT rate is 27 percent at present, the highest in the European Union.

Lowering of the VAT Threshold Would Only Affect Hungary

Niedermüller noted that DK had already proposed the introduction of a conditional basic income for families and the progressive pricing of utilities according to consumption brackets. It has also proposed raising family subsidies, supporting the education of poor children, reforming the fostered work scheme and has called for a plan for the training of fostered workers, he added. Further, the government should take steps to reduce regional inequality, he said.

via MTI

featurea image via demokrata.hu