Rich and super-rich
One day before Parliament was to vote on tax reform, Týden
published its annual list of crown billionaires. When MP David
Rath of ÈSSD criticizes the coalition's reform plans as having the
goal of sharply cutting taxes for the very richest, he surely must
have these billionaires in mind! In fact, though, Rath is lumping
these billionaires together with regular middle-class Czechs
earning as little as Kè 80,000 per month. Whereas the tax
reforms - esp. the caps on social and health taxes - are very
import for these salarymen, the super-rich don't need to give a
flip. They use sophisticated offshore structures to determine
their own tax rate. Killing the reforms won't affect them directly,
but it will hurt many of the thousands of people who work for
them. It will reinforce Rath's perverted view that regular, hard-
working Czechs moving up the corporate ladder are somehow
undeserving of their success.
[Czech Republic social-security healthcare]
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