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flat tax

Illustration by Hungarian Conservative

Revealing the Facts: A Brief History of the Tax System in Hungary

From 2010 the Hungarian government changed the previous approach to taxation entirely. This meant a significant reduction in taxes on labour, leaving more money for employers and employees, a huge improvement in the efficiency of consumption tax collection, and the…
Illustration by Hungarian Conservative

Revealing the Facts: A Brief History of Earnings in Hungary

A sustained and substantial improvement in earnings started in 2013 in Hungary. In that year the country managed to repay its previous IMF loan, giving the government more freedom to reform and restructure the tax system, including reducing taxes on…
Illustration by Hungarian Conservative

Revealing the Facts: A Brief History of Employment in Hungary

In the second part of our series looking at important facts concerning the Hungarian economy and society, our authors shed light on how the Orbán governments have managed to achieve a spectacular turnaround in terms of employment after 2010….

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