Fidesz MP Warns: TISZA Is Planning to Raise the Income Tax

The Hungarian news site Index is claiming to have obtained an internal memo of the leading Hungarian opposition party, TISZA, which states that the party is planning on implementing income tax increases if it were to get into power. According to the leaked plan, Péter Magyar’s group would be proposing a three-bracket, progressive income tax system. The current income tax rate in Hungary is 15 per cent flat.

News of the leak broke on Tuesday, 26 August. Member of Parliament for the governing Fidesz party István Hollik has reacted to the development shortly after. In a video posted to his Facebook page, he told voters:

‘Oops, Péter Magyar has been busted again, as he has been countless times…They would bring back the pre-2010 three-bracket tax plan, which would mean a significant tax increase for almost all Hungarian people. Naturally, Péter Magyar has cried liar again. So, I will bring another piece of evidence for him.’

He then proceeded to show a clip of Kriszta Bódis, a surrogate of the Magyar campaign, criticizing the current family tax credit system in Hungary for giving a supposed unfair advantage to wealthier people.

‘Explain this, Péter Magyar! Your leading policy expert has said that the family tax credit is unfair. Well, if something is unfair, then that must mean you want to repeal it, or at least change it,’ MP Hollik has called out the opposition leader.

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