Tax avoidance remains a problem. For the time being, the government is discussing extending the 33 per cent personal income tax rate, without addressing the root cause of the problem.

Neither a ‘tax hike’ nor a ‘windfall’ of 13 billion: an additional 2.6 billion from tax revenue over the two-year period

 This time, the tax drain amounts to between 2.5 and 5 billion. The risk is that, once again, it will be employees and pensioners who foot the bill, having already been hit by delays in contract renewals and a loss of purchasing power