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The government abolishes part of crisis tax
Croatian Times
The Croatian government has decided to abolish part of the crisis tax introduced in August 2009 because of recession and lack of state revenue.
The tax of two percent on all pensions and other income higher than 3,000 kunas or 409 Euros a month will be abolished from 1 July, but the tax of four per cent on all incomes higher than 6,000 kunas or 819 Euros a month will remain in force.
Thanks to the crisis tax, the government has had an extra 200 million kunas (27,527 million Euros) of revenue a month since August 2009.
Prime Minister Jadranka Kosor believes the new measure will help increase consumption, which has drastically declined in the last six months.
Tag cloud pensions Kosor Euros Croatian recession Minister Thanks extra consumption Prime income drastically percent crisis abolishes government revenue kunas Jadranka introduced
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sabina wrote on 12. 04. 2010 from melbourne
real clever dicks, croatian government. in financial crisis, get people pay more tax and then wonder why consumption has declined - people had less money to spend, you geniuses... you know what australian government did instead? handed out $900 to everyone paying taxes. just gave money away, so that people's confidence (and their spending capability) would increase... and it worked, as you probably know - australia has not really been affected by gfc that much.
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gildas wrote on 13. 03. 2010 from dubrovnik
hello do they know that in winter season, there is 6 million tourist less and that everyone stay at home and dont work? this is why the consumption has drastically declined. you will see, when summer will start, they will say it was a good descison and the consumption is better again. no shit doctor Watson. best regard
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