Is the Flat Tax the Biggest Problem of Bulgaria’s Economy?
Recent pre-election debates in Bulgarian media have left many people with the impression that the flat income tax is probably the most important “problem” to be solved by the new government.
IME
Reputation Matters: A Not-So-Typical June 2014 Bank Run in Bulgaria (A Public Choice Perspective)
On June 21, BNB announced that it will fulfill its mission at CCB within a month, by July 21. By then it promises that CCB will have either a new ownership structure or a strategic investor, or else be taken by the only state-owned Bulgarian Development Bank (BDB, with about 1% market share).
A Liberal View of Europe and Bulgaria’s Place in It
The EU is no longer the abstraction it was in the beginning of the crisis. For many Europeans the crisis turned the Euro from a convenience into an issue, the Greek – from exotic and hospitable people into lazy parasites, and the English – from key allies into awkward partners.
The Price of Inequality and a Just Society
When we are talking about inequality we should always distinguish between inequality before the law and inequality in wealth or the accumulation of income.
Is It Possible To Reindustrialise Europe?
Deutsche Bank’s report outlines another important aspect of Europe’s reindustrialization. German companies that in 2012 maintained production capacity of their own abroad, continue at 82% of their production within the EU.
4liberty.eu Study Tour
Between 9th and 14th of February 2014 4liberty.eu network representatives took part in FNST Visit Program in Brussels, Stuttgart and Berlin.
Another Sort of Occupy Movement: Bulgaria
The foreign press wrongly describes this party is far right. In reality it is extreme populist, nationalist in Nazi sense, uses NSDAP-like regalia, advocates nationalization of industries and land, expel of foreign investors, sterilizing gypsies and restricting the rights of Muslims, central planning of exchange and interest rates, prices and wages, getting the country out of NATO and the EU.
The Flat Tax Rate Should Not Be Changed in Bulgaria
In line with Laffer’s curve[1], the low flat income tax has led to a steady growth in revenues from income tax, because people responded to the reduced incentives for concealing income.
Europe’s Misunderstood Problem with Youth Unemployment
The lack of experience, skills and even professional contacts among young people, makes them understandably one of the more sensitive labor market groups.
The Political Predicaments of Bulgaria: There and Back Again
The one thing which is clear is that if the Oresharski government continues to cling to its imprudent and populist line of action, it won’t be long before we see more and more representatives of those remaining 40% out on the streets as well.
