taxation

Imagine you are running a business. You have a small business or a trade, and you are doing just enough to maintain the same standard of living across challenging times. Then suddenly, without any increase in your income compared to the prices around you, the state tells you that you are already earning enough to pay more in taxes.

A new movement called degrowth is being mentioned more and more often in the media around the world. The aim of this movement is to address current environmental challenges by abandoning the ‘economic growth paradigm.’ However, life and humanity as we know it today exist only because of economic growth. We would not be dealing with the environment today without years, decades, and centuries of economic growth.

Christmas

Classical liberals might not agree that the EU, the UK, and the US are capitalist places, given the mounting number of anti-business regulations and measures. On the other hand, critics of free markets need only look at the latest polls on what people want most for Christmas to frightfully barricade themselves against the hordes of money-thirsty capitalists behind the complete works of Marx and Co.

Soon it will be 8 years since the last constitutional changes related to the Bulgarian judiciary. As politicians are evidently in a hurry to present us with a Christmas gift in the form of new amendments to the Fundamental Law, perhaps it is a good idea to recall what happened in 2015, highlight the differences with the current situation, and suggest why there is such a lack of enthusiasm for the current initiative.

Bulgaria’s Мinistry of Finance recently published the ‘tax package’ for 2024, including proposed changes to all tax laws. Alongside widely discussed cases such as the return of the standard VAT rate for restaurants and bread and non-payment of bills in case of an undeclared cash receipt, the package also includes perhaps the deepest change in business taxation in our country in over 15 years.

Bulgarian football

Total management collapse, poor infrastructure, shameful results, and alienation of fans from the stadium, now even aided by water cannons. The agony of Bulgarian football has reached an incomprehensible low. An appointed match for the national team with empty stands, fights outside the stadium, and a middle finger for farewell seem to mark the end of the team in the Bulgarian Football Union (BFU).

In August 2023, an article exposing financial support from public funds for the animal farming sector was published in The Guardian. These entities receive over a thousand times more funding from the government fund than plant farmers, thereby blocking alternative access to funds from the European Union. Similar situations occur in the United States, where farms receive eight hundred times more funding from the state than those cultivating only plants.