Marcel Ciolacu, the head of the Social Democratic Party (PSD) said on Saturday that the proposals of the Finance Minister Adrian Câciu to overtax those who own more than two properties or two cars are „a social-democratic approach”, considering that direct property taxation in Romania represents a lower percentage of GDP than the European average.
„It is a social-democratic approach and I want to tell you that it exists all over Europe. For direct property taxation, we have the lowest coefficient in the composition of the GDP, I believe it’s 2% compared to the European average of 4.6%. So it’s normal because you look at the numbers and the numbers never lie. You look at the statistics and you see where the field and the area you need to cover is so that you get into the European trend. We cannot live in Europe with other rules,” Ciolacu said.
The Social Democrat leader also added that in order to align with European trends, the situation of the flat tax rate should also be analyzed.
„We still have a flat tax in Romania, but there are only three other countries in Europe that have a flat tax and we can hardly call them states… one is about the size of Bucharest.
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