Nahát, Nahát: OTP CEO Publicly Criticized the TISZA Government's Wealth Tax Plan - Minden Szó
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According to Péter Csányi, it is justified for the wealthier to bear a larger share of public burdens, but the planned wealth tax is not an appropriate tool for this. The CEO of OTP Bank believes that the measure could primarily disadvantage Hungarian-owned businesses, curb investments, and in the long term even cause losses to the budget.
Dániel Deák's post on Facebook. The CEO of OTP publicly criticized the TISZA government's wealth tax plan: According to Péter Csányi, the measure could be restrained ...
According to Péter Csányi, the wealth tax could hold back the Hungarian economy.
Péter Csányi, Chairman and CEO of OTP Bank, believes that it is justified for the wealthier class to bear a larger share of the common burden, but the wealth tax could adversely affect Hungarian businesses. In his opinion, the measure could curb investments, worsen competitiveness, and have a negative impact on lending. He believes that the revenue from the tax is not proportional to the potential economic consequences.
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