The Increase in Taxes as a Solution to the Budget Deficit Has Reached Its Limits. Companies and the Population Feel the Tax Burden and the Growing Economic Growth Is Proving It - HotNews.ro
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5 Articles
The fiscal adjustment must continue in the coming years so that the deficit reaches 3% of GDP in 2031, but the space for new tax increases is shrinking. The increase in last year's taxation put pressure on companies and the population, and the economy feels the effects, with an estimated increase of only 0.7% this year. ...
The increase in taxes has reached its limits, warns PwC Romania: the state loses tens of billions of lei of uncollected VATOur tax increases can no longer be the solution to reduce the budget deficit, in an economy that would grow by only 0.7% this year, supports Ruxandra Târlescu, partner...
The fiscal adjustment must continue in the following years in order for the deficit to reach 3% of GDP in 2031, but the space for new tax increases is getting smaller, according to Ruxandrei Târlescu, partner coordinator Taxe PwC Romania. In the opinion [...]
Romania needs to continue to reduce the budget deficit, but the space for new tax increases is shrinking. Companies and the population are already experiencing fiscal burden, and the economy is estimated to grow by only 0.7% this year, says Ruxandra Târlescu, Partner coordinator Taxe PwC Romania. In his opinion, the next stage of adjustment must be ... The post PwC: Tax growth has reached its limits. The measures that should be taken now to furt…
Increasing taxes as a solution to the budget deficit has reached its limits; Companies and the population are experiencing fiscal burden, and growing economic growth is proving it (PwC)
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