The MSZP urges a VAT reduction for food and energy services
The MSZP urges the reduction of the general sales tax (VAT) on food and energy services to five percent.
László Varga, the deputy president of the MSZP, said at a press conference broadcast on the opposition party’s YouTube channel on Tuesday that his party has continuously made proposals in the past period to break the huge “Orbán inflation” in order to make life easier for Hungarian families.
According to him, everything is in place for the government to reduce the VAT on food, electricity and gas, as the budget has a large surplus from VAT, which should be waived for the sake of the Hungarian people and the economy.
He reminded that the MSZP government in 2009, in a very difficult situation, reduced the VAT on district heating to five percent.
He recalled his party’s previous proposal for a five-point rescue package, which includes the abolition of the VAT rate for basic foodstuffs, the special tax that also applies to foodstuffs, and the maintenance of price caps.
Related news
The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant…
Read more >Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >Food prices rose by 1.1 percent in Romania
Annual inflation in Romania fell to 4.9 percent in June,…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >