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The parties want to change VAT rates after the election. Not meant to be a tool of social policy, warns economist

Summary by echo24.cz
Individual parties are promising different adjustments to the value added tax (VAT) ahead of the election. For example, TOP 09 proposes to unify the VAT rate into a single one, which has support even in the ODS, which nevertheless speaks of the fact that it does not seem to find sufficient political support. Other entities are talking about reducing VAT, for example on basic food and housing expenses. XTB Chief Economist Pavel Peterka told Echo2…
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