The Confederation of Independent Trade Unions in Bulgaria (CITUB) is demanding the introduction of an income-tax-free threshold equal to the minimum salary, declared CITUB President Plamen Dimitrov at a forum dedicated to tax reforms.
The CITUB is also proposing a 15/15/15 scheme – a universal 15% VAT rate, 15% income tax for legal entities, and 15% for natural persons. The Confederation says that the tax system now in place increases inequality and does not create a sense of justice in society.
“The inequality (Gini) coefficient is over 40%, the highest level in the EU,” said Plamen Dimitrov. “The richest to poorest ratio in Bulgaria is over 8 times, a 23 billion Leva resource is concentrated in richest 5%. We are seeing a middle class that is growing poorer and poorer,” he said.
For the past two decades, Bulgarian media outlets based abroad have gathered at an annual event organised by the Bulgarian Telegraph Agency (BTA). This year marks the 20th edition of the event, known as the World Meeting of Bulgarian Media, which will..
Minister of Tourism Miroslav Borshosh held a working meeting with his Croatian counterpart, Tonci Glavina, in Zagreb this week , the Ministry of Tourism announced today. The conversation focused on the potential advantages of adopting the euro for..
President Rumen Radev today referred a rejected proposal for a national referendum on adopting the euro to the Constitutional Court. He is seeking a binding interpretation of the Constitution, as well as the annulment of National Assembly Chairwoman..
Strengthening bilateral economic cooperation between Bulgaria and Italy, participation in joint defense projects and achieving peace in Ukraine were the..
The retirement age should not be changed – this is the position expressed by Social Minister Borislav Gutsanov talking to the Bulgarian National..
Bulgarian virtual influencer Ahinora made her debut in the European Parliament, greeting MEPs. Ahinora is the first Bulgarian avatar, and now an..
Thunderstorms 
Partly cloudy, chance of rain
Occasional showers
sunshine, cloud, rain and thunder
Rain