Protesters blocked traffic on the Elizabeth Bridge last night.
Image from Shutterstock.com
Demonstrators protesting lawmakers’ decision to restrict the Detailed Small Business Tax (KATA) to sole proprietors blocked traffic on the Elizabeth Bridge in the center of the capital on Thursday evening, according to a report by the news wire of the ‘MTI status.
Several hundred people joined the protest organized by the Two-Tailed Dog Party, a prankish political party with a satirical platform.
Police redirected traffic during the protest which began at 5:30 p.m.
Péter Marki-Zay, the candidate for prime minister backed by opposition parties in Hungary’s spring parliamentary elections, addressed the protesters, telling them that the government needed about 100 days to “prove that all their campaign promises were lies”.
MEPs on Tuesday approved changes to KATA under a fast-track procedure. Protesters had blocked traffic on two bridges spanning the Danube in the capital ahead of the vote.
The government said the tax measure was necessary to crack down on abuses, pointing to finance ministry data that shows two-thirds of registered KATA taxpayers are in practice employed by a single company, defeating the purpose. initial tax: provide an alternative tax form to sole proprietors.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing decent journalism is an expensive business. For 27 years, the editors, editors and reporters of Budapest Business Journal have strived to bring you business news that works, information you can trust, that is factual, accurate and presented without fear or favour.
News organizations around the world are struggling to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support the BBJ button and you’ll be able to choose how much and how often you send us your contributions.