An American Republican politician welcomes Hungary's position regarding the global minimum tax:
"I am glad that Hungary rejects the global minimum tax that the Biden administration wants to introduce," said Russel Vought.
Russel Vought, a politician from the American Republican Party, welcomed the Hungarian government's stance on the global minimum tax on his Twitter page.
Glad to see Hungary rejecting the race-to-the-top global minimum tax being pushed by the Biden Administration! https://t.co/giq9NvboWj
— Russ Vought (@russvought) June 17, 2022
In his post he stated:
"I am glad that Hungary rejects the global minimum tax that the Biden administration wants to introduce."
Finance Minister Mihány Varga announced on Friday in Luxembourg, at the meeting of the finance ministers of the European Union member states, that the introduction of the global minimum tax would mean a tax increase, a decrease in competitiveness and the loss of jobs in Hungary, therefore
the government does not support the adoption of the relevant EU directive despite international pressure.
"Hungary does not think that when energy prices rise, when the burdens on families increase, when the number of challenges facing companies increases, then this measure could be put in place," said the finance minister.
Source: mandiner.hu
Featured image: AP
