Simona Weidnerová

If they win the upcoming general election, the Social Democrats will propose abolishing the so-called super-gross wage and renew progressive taxes, with people with an annual gross income higher than CZK 1.2 million a year required to pay 38%. That would mean an end to the reform efforts of the finance minister under former PM Mirek Topolánek, who wanted to simplify the Czech tax system. Anyone who pays taxes must have appreciated the efforts of Finance Minister Miroslav Kalousek and his team to introduce a simple, transparent, easy to understand, predictable and stable tax system that only has a minimal amount of exceptions. It was a plan that was even open to any potential political changes because some of itsContinue Reading