The new government wants to take money from those who earn the minimum wage, believing that the poor already earn nothing

The tax plan proposed by the government of Kristen Michal will lead to higher inflation and slower economic growth, and will also hit poorer, low-income families hard. According to Finance Minister Jürgen League, the reason for his return to government is a sense of responsibility for public finances. Behind is former Finance Minister Mart Vyrklaev. Photo: Eero Vabamägi

The tax plan proposed by the government of Kristen Michal will lead to higher inflation and slower economic growth, and will also hit poorer, low-income families hard .

Translation: Ewa Ojrzynska

Economic growth and the living standards of poorer citizens might not suffer if the government agreed to revise the current tax base and increase luxury taxes. However, party leaders, stuck in a quarter-century-old taxation ideology, don’t even want to hear about it.

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