Local Opinion: Hungarian Growth Model Praised

  • 29 Jan 2019 7:49 AM
  • BudaPost
Local Opinion: Hungarian Growth Model Praised
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?

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.