Prevalent public opinion is categorically in favour of a progressive taxation system, i.e. lower tax rates for the poor and higher rates for the well-off, indicate the results of a national survey conducted by Market Links. At the moment the taxation system in this country is regressive – people who are poorer pay higher taxes, and people who are richer - lower taxes because the insurable earnings ceiling is 1,300 euro per month with no tax on earnings in excess of this sum. 94.5 percent of respondents say that economic inequality is a problem for Bulgaria. The flat tax system, i.e. a single tax rate for all incomes, has the support of a mere 20 percent of people whereas a progressive tax system is supported by around 50 percent.
After the state-run record company Balkanton was closed down in 1994, no gramophone records have been manufactured in Bulgaria. This is going to change in 2025, when the first vinyl factory in the country will open. It will be the only such factory..
The situation continues complicated in many towns and villages in the country because of the fallen snow . Electricity has not been restored yet in part of the municipalities Apriltsi, Teteven, Lovech, Samokov and Sofia-region . In the region..
On 27 December 2024, it is 21 years since the truck bomb attack on the India base in Karbala , Iraq. As a result of the explosion, five soldiers of the first Bulgarian military contingent, which took part in the stabilisation and reconstruction operation,..
Caretaker Minister of Energy Vladimir Malinov has ordered that by the end of the day, problems with the electricity supply in settlements affected..
The situation continues complicated in many towns and villages in the country because of the fallen snow . Electricity has not been restored yet in..
The 40th anniversary of protests by Bulgarian Turks against the so-called "revival process" (a forced assimilation campaign during communism in which..
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