Posts tagged as stimulate

The Lithuanian President is suggesting temporarily cutting the income tax so as to speed up economic recovery from the coronavirus-induced crisis. President Gitanas Nausėda discussed the option during a discussion with economists last week, according to his adviser Simonas Krėpšta. “The discussion included one of the options, ideas – to reduce the income tax temporarily until the end of the year […] for all employees in a very horizontal manner,…