Lithuanian president proposes income tax cut as socially just, quick measure

  • 2020-05-11
  • BNS/TBT Staff
VILNIUS - Lithuanian President Gitanas Nauseda says lowering the personal income tax rate would be an economic stimulus measure that would be socially just and easy to administer and have an immediate positive effect.   "A temporary reduction of the personal income tax would not only bring benefit for the working population, but would also help increase the competitiveness of Lithuanian companies," Nauseda said in a press release on Monday.  "The positive effect of the reduction of the personal income tax would be felt immediate...
 
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