SaS: Government Preparing More Progressive Personal Income-tax Rates

Bratislava, April 26 (TASR) - The government is preparing new, more progressive personal income-tax rates, which would mean punishing successful people, opposition Freedom and Solidarity (SaS) party leader Branislav Groehling told a news conference held on Friday in reaction to Slovakia's Stability Programme for 2024-2027, which has been passed by the government. According to SaS MP Marian Viskupic, whose also attended the news conference, the highest tax rate for private individuals should reach as high as 32 percent. "The government is preparing new personal income-tax rates. This is a tax on success. If you are smart, if you earn more money, if you create value for this country, this government will cut this money away from you, imposing extremely high extra taxes on you, as it needs to collect more money. They are socialists, and they only bring poverty, nothing else," stated Groehling. "In the document [the Stability Programme - ed. note], we can read that the government plans to take further measures leading towards a more progressive and fairer tax system. When translated, this means that they want to raise taxes for all successful people. As of 2025, we can look forward to a new personal income-tax rate, regardless of the fact that we already have a 25-percent tax now, which to some extent penalises the successful and clever," said Viskupic. According to Viskupic, the result of this taxation will only be that successful people will leave Slovakia. "In the end, the state will gain less, punish the successful and lose them. The highest personal income-tax rate in the Czech Republic is 23 percent, while it's already 25 percent in Slovakia," added Viskupic. ko/df