3 ms·
Hungary has a VAT of 27% and a flat income tax of 15%. VAT doesn't replace income tax, it complements it. Then there are vehicle taxes, property taxes, and so o
by stoolpigeon 4y ago
Hungary has a VAT of 27% and a flat income tax of 15%. VAT doesn't replace income tax, it complements it. Then there are vehicle taxes, property taxes, and so on.
- refurb 4y agoSure, but is there a reasonable why you couldn't replace a flat 15% income tax with a higher VAT (consumption) tax? I don't see why not.