Right-wing coalition parties KDH and SDKU-DS joined the strongest opposition party SMER-SD in the initiative in October.
Leader of SMER-SD Robert Fico would like to introduce a 25% tax for people with monthly salary over EUR 2,750 and a 22% tax for corporations with the annual profit over EUR 33 million.
Robert Kicina from the Slovak Business Alliance warns that this may miss the target. He believes that higher taxes for the wealthy may send a very bad signal to foreign investors. Source: SARIO