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The simple way Brexit could help rethink complicated VAT tax in the UK

BBCNEWS HARDtalk November 25, 2021 04:45:00

imposing much higher taxes on the hungarian people. well, orban already has the highest vat tax probably in the world. orban has the highest number of special taxes levied on the banking sector, on retailers and many other businesses. so, yes, we want to keep income taxes low, just like orban did, but we also want to be a fairer and a more just system for businesses and private persons, as well. so, no doubt that we will need a stronger discipline on fiscal matters, and that s necessary in order to introduce the euro. and since orban, in the last few years, has let this issue go almost uncontrolled, the budget deficit is becoming very high, government debt is increasing, inflation is record high in the last couple of years, at least. so, yes, we will probably need at least four or five years before we can actually join the eurozone. see, it seems to me that your proposals for hungary s future fly in the face of all the

BBCNEWS HARDtalk November 25, 2021 00:45:00

imposing much higher taxes on the hungarian people. well, 0rban already has the highest vat tax probably in the world. 0rban has the highest number of special taxes levied on the banking sector, on retailers and many other businesses. so, yes, we want to keep income taxes low, just like 0rban did, but we also want to be a fairer and a more just system for businesses and private persons, as well. so, no doubt that we will need a stronger discipline on fiscal matters, and that s necessary in order to introduce the euro. and since 0rban, in the last few years, has let this issue go almost uncontrolled, the budget deficit is becoming very high, government debt is increasing, inflation is record high in the last couple of years, at least. so, yes, we will probably need

BBCNEWS HARDtalk November 24, 2021 00:45:00

and his party, would see you, if you were in power, imposing much higher taxes on the hungarian people. well, 0rban already has the highest vat tax probably in the world. 0rban has the highest number of special taxes levied on the banking sector, on retailers and many other businesses. so, yes, we want to keep income taxes low, just like 0rban did, but we also want to be a fairer and a more just system for businesses and private persons, as well. so, no doubt that we will need a stronger discipline on fiscal matters, and that s necessary in order to introduce the euro. and since 0rban, in the last few years, has let this issue go almost uncontrolled, the budget deficit is becoming very high, government debt is increasing, inflation is record high in the last

BBCNEWS HARDtalk November 24, 2021 04:45:00

according to mr 0rban and his party, would see you, if you were in power, imposing much higher taxes on the hungarian people. well, 0rban already has the highest vat tax probably in the world. 0rban has the highest number of special taxes levied on the banking sector, on retailers and many other businesses. so, yes, we want to keep income taxes low, just like 0rban did, but we also want to be a fairer and a more just system for businesses and private persons, as well. so, no doubt that we will need a stronger discipline on fiscal matters, and that s necessary in order to introduce the euro. and since 0rban, in the last few years, has let this issue go almost uncontrolled, the budget deficit is becoming very high, government debt is increasing, inflation is record high in the last couple of years, at least. so, yes, we will probably need at least four or five years before we can actually

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