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Here Are the New Proposals: They Would Raise the Retirement Age, Cancel the Utility Bill Reduction
Summary by Magyar Nemzet
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The steps would entail the surrender of financial sovereignty and the risk of recession. – Published in September by the Organization for Economic Cooperation and Development ...
The steps outlined in the OECD proposal carry several risks for the Hungarian economic model. The introduction of a progressive, multi-rate tax system and the revision of family tax benefits would entail the risk of reducing the incentive to work (since the net return of additional work and higher education will be proportionally smaller due to the increasing tax deductions in higher income brackets) and weakening the capital accumulation (savin…
·Budapest, Hungary
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