According to Gyurcsány, up to HUF 150 billion could be generated for central government coffers with the new tax bracket.
Speaking at a party caucus on Wednesday, Gyurcsány cautioned that, even if the left-wing coalition wins the spring election, “there will be no more money available in the short term” and “fiscal adjustments will certainly be needed.”
On the other hand, the former PM claimed that “Still, life will be better in certain respects – for instance, the country will be freer.”
(Incidentally, with the Fidesz-KDNP coalition set to cruise to victory in the April elections, are any other Americans getting flashbacks to Walter Mondale’s doomed lefty campaign in 1984…?)
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