Progressive taxation
6 straipsnių
Lithuania will not introduce progressive taxation because there are too few high-earners, according to the country's social democrat Prime Minister Algirdas Butkevičius.
Here are 10 of the most important, controversial or widely discussed Seimas (parliament) decisions made during 2015. This list was compiled by 15min.lt.
The Seimas, the Parliament of Lithuania, has rejected the initiative to introduce progressive taxation.
On Wednesday, the Cabinet of Lithuania rejected the proposal to introduce progressive rates of personal income tax in the country.
Jon Baldvin Hannibalsson was the foreign minister of Iceland in 1988-95. Under his leadership, Iceland was the first country to recognize the restored independence of Lithuania. Already since March, 1990, Hannibalsson was one of the main supporters of Lithuanian freedom on the international scene. I...
