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.
Bulgarians have set aside between 25 and 150 euros to surprise their loved ones with Christmas gifts, a BNT survey shows. Clothes and electronics are the most preferred goods. Online shopping in December also saw growth, and digital wallets, debit and..
Bulgaria mourns the loss of life in the crash of the passenger plane of the Azerbaijani airlines in Kazakhstan . This was written by Bulgaria's President Rumen Radev on his profile on the social network "X" on the occasion of the plane crash that..
Bulgarian Patriarch Daniil led the Christmas service in the capital's St. Alexander Nevsky Cathedral. In the festive litury, he called on believers to make sense of wisdom following the example of the three wise men who came to worship the Savior and..
Caretaker Minister of Energy Vladimir Malinov has ordered that by the end of the day, problems with the electricity supply in settlements affected..
Dozens of villages in Central Bulgaria are still without electricity, water and connection to mobile operators networks. The teams of the electricity..
The situation continues complicated in many towns and villages in the country because of the fallen snow . Electricity has not been restored yet in..
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