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State Secretary Hidv©ghi Emphasizes National Consultation on Financial Retention for Citizens

Budapest: The ongoing national consultation is fundamentally centered on ‘how much money stays with the people’-specifically concerning the retention of family tax benefits and the financial obligations of households for energy, as emphasized by State Secretary Hidv©ghi.

According to About Hungary, State Secretary Hidv©ghi highlighted the government’s commitment to engaging as many citizens as possible in these critical discussions. He reiterated the stance of the Fidesz-KDNP government on maintaining low taxes, tax allowances, and policies aligned with national interests, asserting the importance of openly discussing these issues.

Hidv©ghi linked the significance of the current national consultation to recent global political developments, noting that ‘Brussels is preparing for war,’ with intentions to sustain the conflict in Ukraine and assume a leading role in its financial backing. He contrasted this with the stance of the United States, which is now advocating for the conflict’s resolution. He expressed concerns about the prolonged war, citing its potential security and economic risks.

He remarked that the European Union, having financed the war for years, is witnessing a decline in competitiveness. He stated that Brussels’ plans to raise taxes and acquire new loans would exacerbate the debt burden for member states, including Hungary, a policy the government firmly opposes.

Hidv©ghi underscored the significance of the upcoming elections for Hungary, portraying them as a decisive moment for the nation’s future-whether it will remain a pro-peace country or become embroiled in war propaganda and financing.

On the subject of taxation, the state secretary outlined the government’s preference for maintaining a low personal income tax rate, in contrast to ‘Brussels and its domestic allies’ who advocate for higher taxes. The debate also extends to the future of family support and tax relief, with Hidv©ghi asserting that Hungarian funds should prioritize family support over war and migration.

Addressing energy policy, Hidv©ghi criticized political pressure from Brussels urging Hungary to forego inexpensive Russian energy, noting the significant challenges this would pose for a landlocked country reliant on pipelines for stable energy supplies.

In conclusion, State Secretary Hidv©ghi articulated the government’s clear position against financing failed war policies through increased energy bills, higher income taxes, or the elimination of family tax benefits. He defended Hungary’s low corporate tax rate as a crucial competitive edge, fostering both small and medium-sized enterprises and larger investors, which in turn supports job creation and retention. Hidv©ghi also mentioned plans to further discuss these topics at the council meeting later in the day.

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