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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (213912)	7/31/2007 6:01:47 AM
From: unclewest	Respond to of 793884

At an operative cabinet meeting Sunday attended by the top brass from the three parties it was decided to retire the current three-bracket personal income tax rate system and replace it with a flat rate of 10%. …The government also decided on a 10% pension increase from October 2007, enabled by a 20% budget revenue overperformance by end-July, and a 3% cut in the social security burden. Collect too much in taxes. Cut social security. Then award yourself a golden parachute for doing the good work. Ya gotta luv this depiction of overtaxing the people --- "BUDGET REVENUE OVERPERFORMANCE". How sweet it is. Bulgarian politicians are just as service oriented as their American counterparts.