When we talk about wages in Slovakia, we refer to gross wage. From an economic point of view, however, it is a fictitious value created by accountants. It represents an arbitrarily set point between the two key values: net wage and labor costs.
It is not very often that the Liberální Institut can praise a politician for something. The happier I am that I can do so today, because an entourage of Czech senators – headed by the President of the Senate, Miloš Vystrči, – went in their official capacity to the Republic of China – the country generally known as Taiwan.
As news about cancellation of world Pride events started coming, Prague Pride team decided to hold the event as originally scheduled in August, and despite obstacles provide Czech LGBT+ people with a chance to enjoy a week of solidarity.
In the year of the COVID-19 crisis, Czechs must endure one more month of work for the state. After June 24, 2020, they will start earning money for themselves. Until then, for 175 days, they only work for the state. This is the least free year since 2000.
The COVID-19 crisis was used quickly and efficiently – now that there was no need for protests, he was disposed of: General Konev, Marshal of the Soviet Union. Not himself, of course, but his monument in the Prague district Bubeneč.
With the introduction of a travel ban for its own citizens, the Czech measures to contain the corona epidemic have so far been among the strictest in Europe. Two weeks ago, the Prague City Court overturned four measures taken by the Czech Ministry of Health that restricted the free movement of citizens and retailers. A number of lawyers believe that this ruling increases the chances of businessmen and entrepreneurs to claim compensation from the state….
The decision to remove an old statue of Soviet Marshall Koněv from a square in Prague has led to a chain of very unlikely international incidents, culminating in direct intimidation of political representatives of a member of both the EU and NATO.
Sectoral tax, i.e. higher taxation, which affects only selected sectors of the economy (such as banking, insurance, energy, telecommunications, or the information technology segment) is considered to be an effective tool for increasing state budget revenues.
Currently, the Czech Republic does not have a separate capital gains tax for individuals or for corporations; capital gains are included in PIT and CIT. There are also a few cases in which capital gains are exempt, mainly pertaining to property.
The Chinese Communist Party was given the opportunity to show how the common future should look like. The Chinese propaganda machine claims that China has demonstrated its ability to respond to the health crisis and that European countries could also benefit from China’s experience.
