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Hungarian growth model praised

January 28th, 2019

A pro-government analyst points out that tax revenues are increasing fast, which he attributes to the government’s economic policy, and most importantly, to tax cuts.

In Figyelő, Dániel Deák points out that tax revenues have been on the increase despite the government’s tax cuts. In 2018, the state collected 720 billion Forints more in taxes than a year before. All this shows that the government could successfully boost revenue through tax cuts, more efficient public spending and cutting down tax evasion, Deák writes. He concludes by suggesting that if the Left gets back to power, they will introduce tax hikes and austerity again, as they did before 2010.

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