The Confederation of Independent Trade Unions in Bulgaria (CITUB) is demanding the introduction of an income-tax-free threshold equal to the minimum salary, declared CITUB President Plamen Dimitrov at a forum dedicated to tax reforms.
The CITUB is also proposing a 15/15/15 scheme – a universal 15% VAT rate, 15% income tax for legal entities, and 15% for natural persons. The Confederation says that the tax system now in place increases inequality and does not create a sense of justice in society.
“The inequality (Gini) coefficient is over 40%, the highest level in the EU,” said Plamen Dimitrov. “The richest to poorest ratio in Bulgaria is over 8 times, a 23 billion Leva resource is concentrated in richest 5%. We are seeing a middle class that is growing poorer and poorer,” he said.
More than a fifth of Bulgarians are poor, according to an analysis by the Institute for Market Economics. People living in deficit are increasing to 21.7% based on data on unemployment, low education, higher number of children in the household, older..
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The night will be mostly clear and calm, although scattered rain clouds may appear over south-western Bulgaria before midnight , bringing occasional showers. Overnight lows will range from 5°C to 10°C, around 5°C in Sofia. Sunday will start mostly..
More than a fifth of Bulgarians are poor, according to an analysis by the Institute for Market Economics. People living in deficit are increasing to..
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