• March 20, 2013
  • 6

Government considers increase in untaxed minimum income (There won’t be progressive taxes)

© DELFI

Governmental working group considers a possibilty of untaxed minimum income increase.  However they don’t expect to introduce progressive taxes. 

Kaetana Leontjeva, a senior expert of Lithuanian Free Market Institute (Laisvosios rinkos institutas) and a member of the working group, told “Verslo zinios” that in the case of untaxed minimum income increase „those who get a smaller salary, would comparatively paid smaller taxes and there would be more money left in their pocket.”

The senior expert didn’t mantion any specific numbers.

Prime minister Algirdas Butkevicius assured that there won’t be any radical changes in the taxation system and that government doesn’t consider introduction of progressive taxes.

„There won’t be any radical changes. We are thinking about some progressive system for people who earn less, but progressive taxes are not an option. At the same time, we are considering a tax on capital gains.” announced prime minister in the inverview for “Lietuvos zinios”.

Source: http://pl.delfi.lt/biznes/biznes/rzad-rozwaza-zwiekszenie-nieopodatkowanego-minimum-dochodow.d?id=60945425

Tłumaczenie Justyna Kaczmarek w ramach praktyk w Europejskiej Fundacji Praw Człowieka, www.efhr.eu. Translated by Justyna Kaczmarek within the framework of a traineeship programme of the European Foundation of Human Rights, www.efhr.eu. 

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