State Budget Profits the Most from Minimum Wage Hike

The gross minimum wage has doubled under Fidesz’s governance. The government launched the “Hungary is performing better” campaign, proudly boasting the minimum wage data. However, it’s often overlooked that the state is profiting the most from the increase. While in 2010, the income tax on minimum wage was 34 212 Huf (Approx. 100 Eur), the government has increased … Continue reading State Budget Profits the Most from Minimum Wage Hike