Wednesday, 21 October 2020

Billionaire ignites debate over who's rich before Czech election

Bloomberg |
27 February 2017

Czech billionaire Finance Minister Andrej Babis took aim against his governing partner, Prime Minister Bohuslav Sobotka, by challenging his proposal on how to tax the rich before fall elections. Babis, whose ANO party leads opinion polls ahead of this fall's parliamentary ballot, vowed to cut income tax for earners with monthly salaries of less than CZK 113,000 and keep levies for everyone else unchanged.