"The need and possibilities to reduce the holdings of the shadow economy were also talked about in the election speeches by some politicians who are applying to become members of the Seimas. One of the suggestions is to reduce, or rather to return the VAT to the 18% level, it is believed that this would encourage the shadow economy to shrink at least a little and taxes could be collect no less than with a 21% VAT rate. True, at the same time, politicians seem to understand that, given the current geopolitical situation, it is difficult and risky to reduce one of the main taxes."
"The need and possibilities to reduce the holdings of the shadow economy were also talked about in the election speeches by some politicians who are applying to become members of the Seimas. One of the suggestions is to reduce, or rather to return the VAT to the 18% level, it is believed that this would encourage the shadow economy to shrink at least a little and taxes could be collect no less than with a 21% VAT rate.
True, at the same time, politicians seem to understand that, given the current geopolitical situation, it is difficult and risky to reduce one of the main taxes."
Reality is different. Landsbergienė is getting richer every day. Our "geopolitical situation" is getting worse and worse catastrophically quickly.
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