Socialist Party activists started to collect signatures for a petition that demands the cabinet reinstall a fair tax system instead of “the crippling of the poor”. The petition is to support a socialist legislative agenda that proposes anyone earning more than HUF 5 million (EUR 18,300) a year be put in the 32 per cent tax bracket instead of the current 16 per cent. Various union surveys show that more than half of employees receive less salary because of the new tax system. “Although (prime minister) Viktor Orbán promised that no one will be worse off, those who make less than HUF 290,000 (EUR 1,060) will receive thousands less than they did before,” said the socialist spokeperson. The campaign also demands the restoration of the sanctity of private ownership and the rights and decisions of the Supreme Court to help foreign-currency loan victims of the financial crisis.

Last Updated on Thursday, 19 May 2011 12:16