This Fiscal Code annihilates from the beginning its chances of success
It is very important to understand that liberalism does not focus only on tax reduction, but also on the way in which this reduction is made. Tax reduction is needed, but sustainability is very important, through its long-term budgetary and economic implications. I doubt that every initiative to reduce taxes should be labeled as a liberal approach. If I reduce taxes tomorrow, only to
Applying the Fiscal Code could violate exactly the Fiscal Code
Tax reduction is needed, it needs to be done, but not like this, through an “all at once” approach, because nothing in the economy, not even capital accumulation, job creation and prosperity, in general, happens over night. Businessmen want, of course, almost in every situation, lower taxes. The same as politicians want, of course, almost in every situation, more votes.
If the reduction of Social Security Contributions can be done without IMF’s approval, then we have missed this chance since 2013
In economics, “later” means missed chances. The reduction of Social Security Contribution is discussed since one year and a half, and when it finally happens, it might not generate the interest and confidence that entrepreneurs needed. On the other hand, the announcement that social security contributions will be reduced comes in a special context, where it is clear that it does not benefit
Capitalization for Businesses: Non-Taxation of Reinvested Profits
In some scenarios, agriculture and energy would be the strategic sectors that could bring a stronger economic growth in Romania. But, since always, and usually, the constant strategy of economic progress should be the profit, obtaining it, because beyond (strategic) circumstantial computations, the profit – as an economic principle and a state of affairs – is the engine that fuels
Where Does the Economy Suffer: the Institutional Quality of the Business Environment
Most of the times, economic performance is associated with a financial-quantitative context, which decadently captures the postmodern moral with respect to capital accumulation and business success: who invests money has success and vice-versa. Rarely this debate comes down coherently to the foundations of economic logic. Because who has time to discern on capital
