Flat PIT: need time to increase consumption

Flat personal income tax (PIT) system can encourage consumption only in the medium and long terms – states RSM DTM Hungary.

In the statement of the tax and business advisory firm, the company's chairman and CEO Kalocsai Zsolt also states that the flat income tax system may cause a short-term significant loss in the budget. The flat tax system, however, represent a good direction – reports Népszabadság Online.