- VAT Rate Stability: President Nicușor Dan affirmed that there are no plans to eliminate the 9% VAT rate for basic foodstuffs or to increase the standard VAT rate from 19% to 21%, emphasizing the importance of maintaining affordability for essential goods.
- Budget Impact Considerations: While discussions with finance ministers have included theoretical calculations regarding potential revenue from a VAT increase, Dan expressed skepticism about the practical implications, noting that such increases could lead to tax evasion and reduced consumer spending.
- Focus on Expenditure Cuts: Dan indicated that the government is exploring possible cuts to expenditures rather than increasing VAT, aiming to find alternative ways to balance the budget without imposing higher consumption taxes on the public.
Source Profit.ro
