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• Corporate tax - a new paradigm is needed! -II. A new global value-added tax is needed instead of a corporate tax

  31-47

  László Török

  Views:

  160

  Abstract: The corporate tax system is easy to manipulate in modern economies, with high explicit and implicit costs of maintaining it. Attempts to reform it have been unsuccessful, with aggressive tax planning and tax evasion gaining ground at the international level. The source of constant conflicts between national tax administrations and companies is also the corporate tax base and tax accounting. Therefore, based on a new paradigm, I have developed a new, globally introduce, corporate value-added tax on corporate adjusted sales. Revenues from this tax would replace general government revenues lost due to the abolition of corporate tax. Based on the GDP of the member states of the European Union, I calculated the rate of the new tax for all member states. In the study, I present in detail, the mechanism of operation of the new tax, then describe the advantages of the introduction of the new tax compared to the corporate tax. Finally, I will thoroughly present how the taxation of dividends from company owners/shareholders would change if the new tax I planned was introduced and operated. This new type of taxation of dividends would, in my view, contribute more fairly to the burden-sharing.

  Journal of Economic Literature (JEL) codes: C 53, E 62, H 24, K 34

• The characteristics of the Hungarian cafeteria system examined in the context of changes in tax laws

  126-132

  Emese Törö

  Views:

  135

  The article deals with the system and function of optional fringe benefits in the Hungarian labour law as well as with the taxation rules in connection with fringe benefits. In this context, we deal firstly with the conditions of the use of the cafeteria system and present the advantages connected to them. Then, the individual regulation of different allowances which are grouped according to different criteria is analysed, with special emphasise on the changes in tax law.

  JEL classification: J32, K34

• The welfare state as the accomplishment of modern civilization: where to proceed?

  23-45

  Judit Fekete

  Views:

  189

  The author reviews the beginnings of the welfare state and its practices so far and examines what conclusions can be drawn from experince as regards the effective treatment of current problems, what warnings the relationship between certain governments and social welfare has for us today when there is an economically and socially urging need for reducing the worsening tensions in the systems of budget-planning, taxation, social welfare, health care and education, etc. The conclusion is that a fundamentaé change in attitude, and a new kind of governmental role are needed, along with new institutions, methods and means appropriate for the radically different economic circumstances as well as the realistic social demands.

• Twenty-one Economic Arguments against an Unconditional Basic Income

  5-29

  Istvan Csillag

  Peter Mihalyi

  Views:

  384

  In 2013/14 there has been an intense public debate both in the European Union and in Hungary on the feasibility of Unconditional Basic Income (UBI) support. In the Hungarian context, the publication of a 100-page proposal was an important milestone, in which a group of experts applied the UBI concept to the present circumstances. The study, the brainchild of István Bánfalvi, a distinguished social policy practitioner, proposed the following specific amounts as from January 2015: HUF 25,000 for children (≈ EUR 83), HUF 50,000 for adults and HUF 75,000 for expectant mothers. The present paper’s first objective was to challenge the entire 25-50-75 concept from both theoretical and practical-administrative perspectives. In addition, we tried to show that income poverty in Hungary is much less of a problem than generally presumed. Our final conclusion is that from a poverty alleviation point of view the geographical remobilization of the Hungarian Roma population is by far the most important issue. Roma living in small rural settlements should be assisted to move towards large cities, where the chances of finding work, education and health care are much better.

  Journal of Economic Literature (JEL) classification: H21, I38, J15