Progressive taxation is considered to be the most popular measure to reduce income inequality. The aim of the conducted research was to enlighten this discussion by exploring to what extent the progressiveness of PIT is a decisive factor in reducing income inequality.
The Lithuanian Free Market Institute’s (LFMI) Templeton Freedom Award-winning Municipal Performance Index has been successfully replicated and launched by the Institute of Economic Affairs–Kenya in Kenya and is currently underway in Latvia and Bosnia and Herzegovina.
On June 23, 2016, the UK voted to leave the EU. If Czechs and Slovaks were able to separate an entire country, Czechoslovakia, in six months, surely Whitehall and Berlaymont can find a way to separate one EU member state sooner than in six years.
Let me tell you the truth about Santa Claus. If his Marx-esque appearance and red clothing weren’t an immediate giveaway, I must point blank tell you: Santa is a communist. So before you go wasting ink and paper writing your letter, hear me out.
In the summer, the US government sent to Hungary a good friend of President Trump as the new ambassador, David B. Cornstein. His self-proclaimed priority was to save CEU. He failed. Unfortunately, in the eyes of liberty-loving Hungarians, this is a failure of the United States and of America’s leadership.
A minimum wage problem is a thought experiment that is not easy to comprehend. The fact is that people are different. Some people create enormous wealth and others do not produce much. If their added value or created wealth in a month does not reach the minimum wage, the government forbids them to work.
While the media focuse on the Kremlin’s “hybrid warfare” against the Western democracies or the Chinese social credit system controlling people’s everyday life through mass-surveillance, the illiberal state of Viktor Orbán is also doing its fair share to exercise information control via new digital powers.
Georgia, after regainig its independence, became a place of many experiments. The nation made certain state-craft steps to obtain legitimacy and capacity to run social institutions. Including the process of restoration of private property.
The 2017 labor law reform significantly improved Lithuania’s position in the Employment Flexibility Index, moving the country from the 27th to 15th position among the EU and OECD countries, according to Employment Flexibility Index 2019 compiled by LFMI based on the World Bank’s Doing Business data.