Showing posts with label #inflation. Show all posts
Showing posts with label #inflation. Show all posts

Wednesday, 29 April 2026

The proposed tax package of the TISZA program in practice

The main difference between the TISZA program and current Hungarian practice is that so far fiscal balance has been ensured to a significant extent through inflation, consumption (VAT) revenues, and sector-specific taxes, whereas the TISZA program aims to achieve fiscal room for manoeuvre from non-fiscal sources: namely through eliminating corruption and reclaiming EU funds. The goal of the TISZA program is to reduce taxes on work and entrepreneurial activity, as well as to create a fairer tax system.

Proposed tax package of TISZA program in practice