US EditionHungary announces sweeping reform exempting mothers from income tax
- Hungary has introduced a major reform that exempts mothers with two or more children from income tax for life, aiming to boost family growth and address demographic issues.
- Prime Minister Viktor Orbán described the tax cut as 'the largest in Europe, and indeed the entire Western world.'
- The reform aims to encourage childbirth and build a younger workforce amid declining birthrates and an aging population in Hungary.
- The government's strategy includes direct financial benefits for families and subsidized housing to support traditional families.
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Tax exemption for mothers in Hungary: 'We can learn from this in the Netherlands'
A remarkable measure in Hungary to boost the birth rate: mothers get a lifetime tax exemption! Together with other benefits for families, such as state support for buying a large family car, it should ensure that more children are born. Social demographer Jan Latten thinks that we in the Netherlands can learn something from this.
·Amsterdam, Netherlands
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Coverage Details
Total News Sources15
Leaning Left3Leaning Right6Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
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