• Home
• Channel: Current Affairs
• Local Opinion: Hungarian Growth Model Praised

Local Opinion: Hungarian Growth Model Praised

• 29 Jan 2019 7:49 AM
• BudaPost

A pro-government analyst points out that tax revenues are increasing fast, which he attributes to the government’s economic policy, and most importantly, to tax cuts.

In Figyelő, Dániel Deák points out that tax revenues have been on the increase despite the government’s tax cuts. In 2018, the state collected 720 billion Forints more in taxes than a year before.

All this shows that the government could successfully boost revenue through tax cuts, more efficient public spending and cutting down tax evasion, Deák writes.

He concludes by suggesting that if the Left gets back to power, they will introduce tax hikes and austerity again, as they did before 2010.

This opinion does not necessarily represent the views of XpatLoop.com or the publisher. Your opinions are welcome too - for editorial review before possible publication online. 
Click here to Share Your Story 

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Local Opinion Tax Revenues Tax

XpatLoop Media Partner

BudaPost

Launched in May 2011 to provide a balanced picture of matters covered in Hungary’s national press. Their aim is to make it easier for English-speakers to understand where this country is now and where it’s heading according to the full spectrum of media opinions.

Explore More Reports

Updated: Fraud Suspected Around Chain Bridge Revamp - Will Budapest Mayor Explain "Where Is All That Money?”

• 18 Apr 2024 6:29 AM

A recent report by the Government Control Office (KEHI) raises the suspicion of a “serious misuse” of funds concerning the renovation of Budapest’s Chain Bridge, a municipal project, Balázs Hidvéghi said.



Brussels Bureaucrats 'Switched to Turbo Mode Against Hungary', Claims Deutsch

• 8 Apr 2024 12:13 PM

The bureaucrats in Brussels have “switched to turbo mode against Hungary” with a debate on Hungary to be held at next week’s last plenary session ahead of the European parliamentary election, the list leader of the ruling Fidesz-Christian Democrats said.



Hungarian Weeklies on Spar Food Store Chain's War With Government

• 27 Mar 2024 6:59 AM

Opinions diverge on the conflict between the Dutch-based food retail chain and the Hungarian government.



Night Raid by Budapest Police on Downtown Zone of Capital Results in Multiple Arrests

• 26 Mar 2024 6:51 AM

101 police officers, along with colleagues from partner agencies, conducted a comprehensive law enforcement operation on Friday night in the 5th, 6th, and 7th districts of Budapest.