The Baltics Today

Riga mayor suggests higher taxes for the rich

Mayor Nils Usakovs made his contribution to the debate on raising taxes to boost the nation's prosperity, by calling the existing taxation system "neither fair, nor effective." He advocates "complete reconstruction, switching to a progressiveness principle, i.e. – lesser tax burden for the needy, and cashing in more from the well-off", informs LETA.... Read more...

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