How Much Does Slovak Family Receive in Benefits?

In Slovakia, non-monetary transfers are often forgotten due to the contributions system – this is set up so that only self-employed know, with exaggeration, how expensive it is. Most employees have no idea that the employer pays an additional 35% to their gross wage. Therefore, they do not realize the value received when the state pays health or pension insurance for them. 

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Bitter Slovak Tax on Sugar

Nowadays, decision-makers are driven to come up with solutions to the issue of rising obesity rate. In Slovakia, the obesity rate has doubled in last 35 years.

Retailer Tax in Slovakia Abolished

Unfortunately, innovation appears also in the field of taxation. Several East European countries have been flirting with various forms of a “retailer tax”. A tax similar (but not equal) to VAT, or the sales tax. Its proclaimed aim is typically to “punish” international retail chains, who have been repeatedly blamed for problems of local farmers and local food and beverages industry. In reality, the tax primarily hits consumers.

How Slovakia Fell From Reform Leader to Country Where Sun May Set

Slovakia was once the reform tiger that used to set the example that others would lkely follow. However, that time is now certainly over. With the rise of populism, Slovak politics has recently produced ad hoc a number of negative social measures introduced to buy the support of a specific group of voters. And this time, the measure employed is even worse.

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