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What Is Wrong with Polish Tax System?
Economy
What Is Wrong with Polish Tax System?
The tax system has a profound impact on a country\'s economic growth for two reasons. Firstly, in developed countries, taxes typically amount to the equivalent of one-third to even half of the GDP. Such a high level of taxation affects taxpayers’ economic activity. Secondly, for the state to collect taxes, it must maintain appropriate regulations defining the tax base and rates.
How PiS Regulated Lives of Poles
Politics
How PiS Regulated Lives of Poles
Over the last eight years, the Law and Justice (PiS) government in Poland redefined the boundaries of regulations governing the lifestyle of citizens, introducing a series of laws and regulations aimed at promoting desired or healthy habits and behaviors, while limiting access to products and services deemed harmful.
Fullness of Lack and Lack of Fullness: On Creative Approach to Present Challenges
Society
Fullness of Lack and Lack of Fullness: On Creative Approach to Present Challenges
We do not like to lack anything in our daily lives. We do not like scarcity. Or, to put it even more strongly – we hate it. But what would happen if scarcity disappeared, and we began to lack scarcity? It is also worth looking at scarcity from a philosophical, less quotidian point of view, which allows us, among other things, to see everyday life itself in a different light.
Slovakia in Spotlight: Phases of Slovakian Democratic Evolution
Politics
Slovakia in Spotlight: Phases of Slovakian Democratic Evolution
The 1990s brought several significant changes for Europe. On January 1, 1993, Czechoslovakia was dissolved, and as a result, the Czech Republic and Slovakia have since been independent states of the Central and Eastern European region. The focus of European public discourse is not always on Slovak domestic politics, but the assassination attempt on Prime Minister Robert Fico in 2024 has shocked the continent.
Disparity in Campaign Financing in Hungary’s 2024 EP and Municipal Elections
Politics
Disparity in Campaign Financing in Hungary’s 2024 EP and Municipal Elections
The 2024 EP and municipal elections in Hungary, held on the same day, provide a complex and illuminating study of how financial resources, legal frameworks, and media control shape electoral outcomes. The Fidesz party\'s overwhelming dominance in campaign spending, both directly and indirectly, highlights significant imbalances in the democratic process.
Government Bonds: Additional Source of Income and Economic Catalyst
Economy
Government Bonds: Additional Source of Income and Economic Catalyst
By investing in government bonds, every citizen can contribute and demonstrate their faith and support for the Estonian state. Government bonds strengthen its security, provide additional income for Estonians, and stimulate the economy, writes Mart Võrklaev. The long-awaited issuance of government bonds targeted at Estonian retail investors, which has been on nearly everyone\'s mind in recent months is now open.
Kristen Michal to Continue as Leader of Reform Party
Politics
Kristen Michal to Continue as Leader of Reform Party
The Estonian Reform Party approved Prime Minister Kristen Michal to continue as the party leader at the general meeting held on Sunday. Michal said \"We are unique in Estonian politics. Our work culture brings people together but does not shy away from asking difficult questions. Our respect comes from mastering the subject and getting the work done, not merely nodding in agreement. (...)\"
Are Speculators Evil or Good? Does Speculation Require Regulation?
Economy
Are Speculators Evil or Good? Does Speculation Require Regulation?
You have probably heard it before: „Dishonest speculators are manipulating asset prices extensively. They make unjust and therefore undeserved profits. These vicious individuals only enrich themselves immorally at the expense of society as a whole, whose members, unlike them, depend on honest work to obtain scarce resources.
Benefits of Single European Market: Case of the Czech Republic’s Economy
Economy
Benefits of Single European Market: Case of the Czech Republic’s Economy
The Czech Republic celebrated a major anniversary on May 1 this year. Exactly twenty years ago on this day, the Czech Republic joined the European Union, and thus became part of the Single European Market. Apart from the political implications, joining the EU had major economic consequences. These are the ones we are going to look at now.
Let’s Not Be Delusional, Euro Will Not Save Czech Republic
Economy
Let’s Not Be Delusional, Euro Will Not Save Czech Republic
Few things stir the public sphere as much as the controversial subject of the adoption of the euro in the Czech Republic. Although one side of the debate always vehemently puts forward arguments in favor of adopting the single currency, while the other side points out the unmissable pitfalls of the euro, one crucial economic argument seems to be continually neglected.