Romania’s Social Democrats draft bill to cut taxation for low wages

Romania’s Social Democrats draft bill to cut taxation for low wages

Romania’s ruling Social Democratic Party (PSD) PSD has drafted a bill for the significant reduction of the tax burden for low-income employees, targeting salaries of up to RON 5,700 (EUR 1,140) in gross terms, which is some 54% above the current minimum statutory wage.  According to documents consulted by Profit, in the governing program that…