Politics & Policy|Economy
Chris Johnstone|11.04.2012

Czech coalition revenue raising steps seen wiping out flat tax principle

Tax-raising measures are so far uppermost in the package of measures announced by the Czech coalition government to curb the budget deficit over the next three years and realize a balanced budget by 2016. They include specific measures targeting the rich, with Czech media suggesting that the flat tax measures championed by the Civic Democrats (ODS) have effectively been consigned to the trash can.