02.10.2019.

FLAT TAX OR DEMOCRACY?

Towards a Progressive Tax Reform in Bulgaria

Publisher: KOI, Sofia 2019.

download publication

In 2008, Bulgaria introduced a flat tax rate of 10% on income and corporate profits. Together with the absence of tax breaks for low earners or reduced VAT rates for basic amenities, this makes Bulgaria's tax system regressive. This policy paper shows that Bulgaria's flat tax has contributed to soaring levels of inequality in the EU's poorest member. It argues for the gradual re-introduction of progressive taxation, for which it provides two quantitatively substantiated transition models.

But the stakes are even higher: the authors argue that regressive taxation and extreme inequalities are ruinous for democratic rule. Far from being a 'technical matter' to be left for 'experts' to discuss, tax policy is a political issue par excellence.

The policy paper looks at the formation of neo-liberal consensus in support of the flat tax in Bulgaria and provides comparisons to flat tax systems in other post-socialist countries. The study is useful beyond the Bulgarian context, since low flat tax rates are part of a broader deregulatory race to the bottom as new, small capitalist economies seek to gain a 'competitive advantage'.

Tags: Alternative, Economy, Politika, Rad, Radnička prava

24.03.2020.
|
Association for Media Democracy
THE NEW RIGHT AND THE OLD LEFT IN SOUTH-EAST EUROPE
Anja Vladisavljević (ed.)
In recent years Europe has experienced an unexpected rise in the power and influence of the far-right.
14.03.2020.
|
Association for Media Democracy
CLIMATE AND ENERGY TRANSITION IN THE BALKANS
Andrea Milat (ed.)
While political elites do not even use euphemisms for their practices, mostly corrupted by western European capital, grassroots struggles and left political views on parliamentary levels are seldom (in non-EU countries) if not non-existant (in EU countries). Reason for this is a «shock doctrine».
12.03.2020.
|
Rosa Luxemburg Stiftung
LIKE A CLAP OF THUNDER
Ankica Čakardić
Ankica Čakardić’s monograph Like a Clap of Thunder is an extremely valuable, powerful and above all inspiring triptych of sharp and energetic philosophical-political essays on Rosa Luxemburg

Publication

24.03.2020.

14.03.2020.

12.03.2020.