FISCAL POLICY: The Flat Tax Works. As SAR predicted two years ago that it would
FISCAL POLICY: The Flat Tax Works. As SAR predicted two years ago that it would

Summary/Abstract: In August 2003 SAR initiated a series of publications in support of the introduction of the flat tax in Romania. For one year and a half we campaigned forcefully for this idea – more precisely for: (i) eliminating the progressive taxation on personal income; (ii) broadening the tax base, by including as many sources of personal income as possible under the coverage of the single flat tax; (iii) eliminating the existing and proposed exemptions; and (iv) reducing the rate on corporate profit in order to align it with the new personal income rate.

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