The debate regarding the basic foodstuff’s value-added tax frequently arises in Estonia, typically leading to a recurring question: how much would the state lose from it? This is a justified inquiry. However, the answer is not as straightforward as it initially appears. Tax revenue does not solely depend on the tax rate, but also on the overall reaction of the economy, according to baker and entrepreneur Heiki Hallik. Topics: #heiki #hallik #kui Post navigation HEIKI HALLIK ⟩Should we learn from the Latvians? (2) HEIKI HALLIK⟩Kas peaksime lätlastelt õppust võtma?(2)
It’s a complex issue with significant implications for the Estonian economy that deserves careful consideration. Reply