Tag Archives: Politică fiscal-bugetară
Paradoxical Records: from the Champion of Growth to the Champion of Deficits
After Romania registered the highest economic growth among EU countries in 2016, this performance did not even start to be forgotten that, again at European level, there are signs of another record, this time the largest counter-performance in terms of budget slippage. It is symptomatic the way in which, through the pro-cyclical
2017 State Budget: Between Forecasts and Adjustments
It is essential that Romania’s budget for 2017 is a solid, credible one, which is why the budget construction must be realistic, validated by the dynamics of economic evolutions that we witness in reality. We must recognize, however, that the economy and the budget have been affected by many fiscal-budgetary measures in a short period of time,
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
