Bence Tordai, a member of the board of the PM party, told reporters that the alliance, should it win power, would only increase income tax for people earning twice above the average wage, or the top 8-10% of earners. He added that the top tax bracket would be below 30%. László Varju of the Democratic Coalition said that the minimum wage would be taxed at 8%. Between the 8% and top brackets would be a 16% rate.

A “solidarity tax” would be added on top of the 16% rate for pay above 450,000-460,000 forints gross. In other words, pay which is twice the average would be taxed at 28%. The members of the Unity alliance are in agreement on these points, though a final decision will be made by the bloc’s candidate for prime minister, Attila Mesterházy, he added.

Spokesman of the ruling Fidesz party Róbert Zsigó dismissed the opposition plans as “desperate pledges from hopeless politicians”, and added that “voters will know” that they are the political players that “have destroyed the country once before”.

Source www.hungarymatters.hu

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