Between BGN 400 and 600 million will enter the treasury from the “rich tax” –

/ world today news/ Between BGN 400 and 600 million will enter the treasury when the progressive income tax is introduced in 2015. This was announced for “Standard” by Rumen Gechev, deputy chairman of the economic commission in the parliament.

The rough calculations were made with a tax of 15 or 20 percent for incomes of around BGN 3,000. According to him, the new tax can bring half a billion BGN into the budget, which can be directed to education, health care and the overall improvement of public services. “If the threshold is over BGN 4,500, the effect will not be so tangible,” Gechev also commented. And he added that a higher tax of 15% will have to affect people with incomes above BGN 2,000-2,700. Below this threshold, salaries will be taxed at 10 percent and only the top will have a higher rate, so people will not to feel the tax increase so sharply, Gechev explained.

He recalled that the BSP decided on the return of progressive income taxation already at its congress last year, and there is nothing more natural to go in this direction by seeking a debate with the other political forces in the parliament. “Over 90 percent of the countries have a progressive tax, its return is also necessary from an economic point of view,” said Gechev. Earlier, DPS and GERB made it clear that they would not support the Reds’ idea. And they are against the elimination of the tithe. “The road map is not to argue with the DPS, but as parties that support the government, to set ourselves a task next year to reduce the gray economy and limit smuggling, commented the chairman of the regional commission, Dimcho Mihalevski (BSP). As it continues this process, in 2014 we can start the talks about the introduction of proportional taxation, he added.From next year, a technique is being introduced that is not of non-taxation of the income, but of the return of the taxed income for the poorest back from the state the taxes paid in 2014 in 2015. Thus, there will be a group that is practically taxed at 0 percent, another – at 10 percent, and a third – with higher incomes that will be taxed at a higher rate – a high rate, the experts explained to “Positano” 20.