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Florin Georgescu (BNR): Fiscal system needs to be substantially revised, with a focus on the progressive taxation of incomes

“In order to ensure a solid basis for the provision of public goods and services, it is necessary that the financial system be substantially revised, with a focus on the progressive taxation of incomes for individuals – a measure that is imposed objectively, in the context of the major structural changes in terms of income distribution and population wealth in the past 30 years,” said the National Bank of Romania’s prime vice-governor, Florin Georgescu, during an ...

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