
The founder of the blog “The Bridge of Friendship” has given an interview to the television Bloomberg Bulgaria on the fiscal innovations in Romania over the last few years and on the need for higher level of tax collection
Vladimir Mitev
On 6th January 2020 the founder of the blog “The Bridge of Friendship” Vladimir Mitev was interviewed by Bloomberg Bulgaria TV on the occasion of his article about the fiscal innovations in Romania between 2015 and 2019. The journalist has analysed measures such as the special VAT rate for food, “the fiscal revolution”, which transferred the burden of social securities’ payment upon the employees, the effects of measures such as “the greed tax” over the turnover of the financial institutions or the elimination of the income tax for the greatest part of the programmers. Some of the good sides of these measures were pointed out – increased consumption, economic growth, higher income. Negatives were also mentioned – such as lack of predictability of the business environment, growth of the budget deficit and the current account deficit and insufficient funding of the public services. Vladimir Mitev predicted that the fiscal policy will be a topic of 2020 as well, because the government of PNL intends on doing a fiscal reform, which is expected to raise the tax collection. On 16th January 2020 the famous Romanian political economist Cornel Ban will present his own report, written together with Alexandra Rusu, on the problems with the Romanian fiscal system at the event, organised by the Friedrich Ebert Romania Foundation in hotel “Intercontinental” in Bucharest. Such events shows that probably there will be more discussions and confrontations to take place over the direction of the fiscal policy in Romania.
What follows is a transcription of the interview, which was realised by Delyan Petrishki:
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