Czech Poll-Leading Party Eyes Orban-Style Industry Tax Shift
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The leading Czech opposition party, dominating in opinion polls, will shift the tax burden to larger companies from consumers to revive the economy, shadow finance minister Jan Mladek said.
The Social Democrats, or CSSD, would raise taxes on financial, energy and telecommunications companies to 30 percent from 19 percent, while others would pay 21 percent, Mladek said in an interview at the Bloomberg office in Prague yesterday. They would also scrap a law allowing taxpayers to divert part of pension taxes to private accounts, he said.