We won’t have jobs, but that’s not all – not all

Even representatives of the ruling coalition are surprised when the numbers that have not even been talked about appear. For example, this is the result of 36 percent. Personal Income Tax (PIT) rate. True, after a while it is abandoned, but the business is offered to enjoy because it may have been worse.

Business organizations are calling for power to suspend or at least delay the adoption of the reform. According to them, the rapidly growing economy of the country will slow down – salaries will no longer be raised, investment will stop, talents will leave the country, some will go bankrupt. The new reform is already seen as a revenge campaign for business. Revenge, just unclear what?

« It is very difficult for us to judge the future. And here, when this reform is suddenly accepted, if it is accepted and at the extent presented, we will not see something very drastic this year. Still, people who have already paid advance tax tax, the fact that they will withdraw that money. Not as in Latvia, Estonia, Poland.

Vidmantas Janulevičius. Photo by S. Lisauskas / BNS

Speaking about tax collection, Mr Janulevičius said that « there may be an activation » in this place.

« Here, maybe even tax collection will improve, as they will all want to pay the remaining 15 %, as long as it is not 20, 25, 32 % again in this place, I think there may be an activation. We may not raise the funds needed for the defense sector, ”he said, stressing that it would not see it during the first but the second, third or fourth year.

According to V. Janulevičius, the economy has grown a record growth in the country for the last six years.

The market situation in the market will be very complicated in the market.

« Our wish is $ 100 billion in GDP. We have been talking about that for two years. I doubt that after this reform we can talk about that $ 100 billion. It would be under such conditions if we had left as it is. Today, today’s saying that we will definitely reach $ 100 billion, businesses take off and we do not even plan. US, ”explained the head of the Lithuanian Confederation of Industrialists.

Algirdas Bartkus, an economist at Vilnius University, gave an example of Latvia. 2025 A new income tax rate is introduced here. Previously, it was 20, 23, 31 percent, now 25.5, 33 percent.

« In Latvia, a textbook occurred in Latvia. In the first quarter of 2025, in the first quarter of 2024, the retail trade except for motor vehicles, except motor vehicles, collapses 0.5 % and if we compared to the quarter -quarter of 2024 – 1.2 %. »

Unemployment in the neighboring country, compared to the first four months of last year, increased, the economist said. With higher personal income taxes, Latvia has 10 thousand. fewer jobs.

« This will not be dictated solely by personal income tax. In Latvia, there is a very complicated economic situation. But in this place, it may be suspected that the way we have retail trading turnover is already a direct consumer income.

The one who produces non -essential goods is always affected. If you make such goods, the consumer will use them at the latest. For example, restaurants are something we can always give up. Thus, the situation of luxury goods in the market will be very much complicated, ”explained Bartkus.

Algirdas Bartkus. V. Photo by Cabbage / BNS

According to Ekaterina Rojaka, a member of the Seimas Economic Committee, the desire to pay taxes is very human.

« On the other hand, everyone wants to have both safety and high quality services. In this case, there is a confrontation between these two things. Searching for the balance sheet is probably the way out, » said Mr Rojaka.

A member of the Seimas also recalled an example of Estonia.

« It is very often said that the Estonian economy began to go down due to the increase in taxes. A detailed analysis in Estonia was carried out and that the causal link was established, as the Estonian economy began to deteriorate before the introduction of taxes.

Ekaterina Rojaka. Photo by P. Peleckis / BNS

According to her, economic growth and an unbalanced budget are very high.

« We are talking about economic growth, which is true, but has it been quite balanced from a regional point of view? People who can afford to eat normally over the last few years – to buy meat or fish, similar products every other day – 40 % of the Lithuanian apart, » said a member of the Seimas.

Full Report of News Radio – In the video: