Hungary announces historic tax cuts for mothers: “Global sensation!”

Our thanks to Steve for this. An extract:

“In a social media post, Orban declared that Hungary is “making history” by creating the world’s first family-centered economy. The new policy introduces major income tax exemptions for mothers, as part of his government’s push to boost the country’s birth rate.

According to the Hungarian politician, mothers with one child will be exempt from paying income tax until they turn 30 years old. At the same time, mothers with two or more children will be completely exempt from paying income tax for life.”

—————————-

If you’d like email notifications of our new blog pieces, please enter your email address in the box near the top of the right-hand column and click ‘Subscribe’.

We shall shortly be posting this piece on our X channel.

Our YouTube channel is here.

Leave a comment