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.
Rose picking has started in the rose gardens near Kazanlak, the municipality announced. Dozens of guests gathered in the rose gardens near the village of Kanchevo to learn about the traditions of growing oil-bearing roses and..
The Constitutional Court will partially allow the president's request, Speaker of the Parliament Nataliya Kiselova told BNT. The Constitutional Court is obliged to file a case. The dispute will be whether the request of the head of..
Alessandro Baricco’s immortal story “Without Blood” in the theatrical adaptation by Alexander Sekulov won the Bulgarian “Askeer” theatre awards in three categories - for best performance, for direction and for costume design. The..
During his participation in the 20th World Meeting of Bulgarian Media in Varshets, President Rumen Radev expressed concern that prices will rise as soon..
Cash in Bulgaria exceeds BGN 30 billion. The Association of Banks in Bulgaria is urging citizens to deposit their cash before the introduction of..
“We often say that Bulgaria extends as far as there are Bulgarians. In order for these spiritual borders of Bulgaria to be vibrant and strong, there..
Mostly Cloudy
Partly cloudy, chance of rain
Overcast, rain