Bulgarian Socialists Mull Taxing 'the Rich'Finance | April 5, 2013, Friday // 14:47| views
Former Finance Minister in the Three-Way Coalition Cabinet, Plamen Oresharski, has been nominated for Prime Minister by the Socialists. Photo by BGNES
The Bulgarian Socialist Party, BSP, is considering taxing more people with higher income and easing taxation for the most disadvantaged.
The statement was made Friday by former Finance Minister in the Three-Way Coalition Cabinet, Plamen Oresharski, who has been nominated for Prime Minister by the Socialists.
Oresharski said the exact parameters would be announced in upcoming days.
He stressed Bulgaria, along with other countries, had been wrong to believe the market can regulate everything on its own.
"Many States now are at a crossroad, mulling how to combine the free market with government regulation. Fighting artificial monopolies is more important than abolishing natural ones," said the former Finance Minister, speaking at a conference organized by the Confederation of Free and Independent Syndicates in Bulgaria, KNSB, to present a memorandum for social-economic and public-political development of the country in 2013 - 2017.
Regarding the absence of the representative of the Citizens for European Development of Bulgaria party, GERB, former Deputy Finance Minister in its Cabinet, Vladislav Goranov, Oresharski commented GERB were under the wrong impression they knew everything and did not need consultations with employers and trade unions.
On the memorandum, he noted some of the proposals were sound and made sense and BSP would support them, but others needed serious debates, despite having merits as well.
Oresharski claimed that 300 000 private companies have become bankrupt during GERB's rule.
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