26.04.2008 - Czech ODS prefers lower social insurance payments, to keep taxes
The income tax would thus probably be kept at 15 percent from the Czech minister threatens to leave coalition over reform steps ...
Blast kills Sri Lankan minister ... super gross wage that also includes the insurance employees and employers pay.
"A crushing majority of speakers stressed that it is more advantageous for many reasons to carry out cuts on the side of insurance in this particular stage," Riman said, but did not elaborate.
The financial daily Hospodarske noviny (HN) wrote this week that the ODS proposes to lower the social insurance from the current 12.5 percent to 10 prcent next year while the basic flat income tax would be kept at 15 percent.
Finance Minister Miroslav Kalousek (Christian Democrats, KDU-CSL), however is opposed to such a change.
He has proposed at a government session to lower insurance to a mere 11.5 percent, saying this is the maximum the state budget can tolerate.
(Ceske Noviny)
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