World: Hungary is so desperate for kids that mothers of four won’t need to pay income tax - PressFrom - US

WorldHungary is so desperate for kids that mothers of four won’t need to pay income tax

00:20  12 february  2019
00:20  12 february  2019 Source:

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Hungarian women with four children or more will be exempted for life from paying income tax , the prime minister has said, unveiling plans designed to boost the number of babies being born. It was a way of defending Hungary 's future without depending on immigration, Viktor Orban said.

Most people pay Income Tax through PAYE. This is the system your employer or pension provider uses to take Income Tax and National Insurance contributions before they pay your wages or pension. You may need to fill in a Self Assessment tax return.

Hungary is so desperate for kids that mothers of four won’t need to pay income tax© Szilard Koszticsak/AP Hungarian Prime Minister Viktor Orban delivers his annual “State of Hungary” speech in Budapest, Sunday, Feb. 10, 2019.

BERLIN —Hungarian Prime Minister Viktor Orban has built his political brand on saying “no” to immigration.

But his stalwart resistance — when combined with an exodus of young workers and low birthrates — has created a demographic nightmare. Hungary’s population is shrinking, a trend that poses long-term risks for the economy. It has also caused short-term political trouble for Orban, who has had to enact unpopular labor laws to try to wring more hours from a declining workforce.

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Trump’s State Of The Union Should Put American Families First The president must ask that Congress provide incentives to states that tackle fatherlessness. Don’t cut benefits for single mothers, but responsibly raise them for poor married couples. For example, the program with the biggest marriage penalty in most states is the child-care benefit signed into law by George H.W. Bush. The family income level at which the benefit is cut off could be raised for poor married couples, similar to what is done for those who are married filing jointly in the tax code.

Judges have little tolerance for tax protestors, particularly ones who convince other people not to As I tell people, the current federal income tax has a lot of problems. We at the Tax Foundation are no Help us inform taxpayers on upcoming changes and educate lawmakers on the need for permanent

If you are in desperate need of emergency essentials, look into this. Pretty much all of these programs that will offer you free stuff won ’ t give you money. Housing Choice Voucher Program – government vouchers which can be used to pay for part of your rent on government-approved housing options.

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Rather than rethink his immigration policies, the prime minister on Sunday doubled down on his preferred solution: Hungarian women need to have more babies.

In his annual state of the nation address, Orban announced a slew of incentives to get his countrymen and women in a baby-making state of mind. Most dramatically, he said any woman who has four children or more will never have to pay income tax again.

As he does with almost every speech, the right-wing and increasingly autocratic prime minister used the announcement to contrast his approach with that of Western Europe, and to take aim squarely at those who see any upside to immigration.

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"Three-fourths of those households pay no income tax because of provisions that benefit senior citizens and low- income working families with children. Research by the Tax Policy Center supports his claim. The think tank found that many Americans are so poor that they owe no taxes , and others

There’s no minimum age to pay , but because it’s a progressive tax , you don’ t have to pay it if you earn below the threshold.

“In all of Europe there are fewer and fewer children, and the answer of the West to this is migration,” Orban said. “They want as many migrants to enter as they are missing kids, so that the numbers will add up.”

Hungary, he insisted, has a better answer: “We Hungarians have a different way of thinking. Instead of just numbers, we want Hungarian children. Migration for us is surrender.”

In addition to the tax exemption for mothers of four or more, the prime minister offered state support for those buying seven-seat vehicles, mortgage relief for parents with multiple children and additional places at nursery schools.

Orban did not say how the measures would be funded.

The proposals still need parliamentary approval. But in Hungary, where Orban won a two-thirds parliamentary majority last spring to secure his fourth term, approval for the prime minister’s initiatives is all but guaranteed.

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There are two main reasons: income level and tax benefits. The tax system in the United States is designed to be progressive, meaning that higher incomes are asked to pay a larger Roughly half of Americans who pay no federal income tax do so because they simply don' t earn enough money.

Is the current tax system fair, or are changes needed ? According to the Office of Tax Analysis, the U.S. individual income tax system should be “highly progressive,” meaning that largest share of individual income taxes paid each year should be paid by a small group of higher- income taxpayers.

This is not the first time Orban — who, with his wife, has five children — has tried to prod Hungarians into picking up the reproductive pace. Earlier in his tenure, he introduced a measure that offered families reduced taxes for every new child.

He has said his current term is dedicated to solving the country’s demographic problems and that convincing women to have more children is at the heart of that effort. He vowed shortly after last year’s victory to “reach a comprehensive agreement with Hungarian women.”

In the male-dominated world of Hungarian politics, he is doing so with little input from women themselves.

There are more men named Laszlo (two) than there are women (one) in his cabinet. The lone female member has no portfolio, giving her little sway in a government that has moved aggressively on gender issues, including banning the funding for gender studies programs at Hungarian universities.

Orban has explained the absence of women in top government jobs by suggesting they cannot handle the “stress” of the rough-and-tumble world that is Hungarian politics.

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To illustrate the tax calculation for a family of four with a 0,000 income , I’m going to calculate their tax liability just using the regular At this taxable income level this family would qualify for the Child Tax Credit on each of their two children, which reduces the hypothetical family of four with two kids .

Earned Income Tax Credit — The taxpayer is no longer required to care for a foster child, sibling, or sibling’s descendant as one’s own child. My point is that there is so much more involved with this than money and taxes . Thank god for these foster parents or these kids would end up in facilities and

Hungary’s fertility rate — 1.45 children per woman — is lower than the 1.58 average across the European Union. With large numbers of young Hungarians leaving the country in search of better wages and greater freedoms elsewhere in Europe, the population is steadily declining. Nearly 10 million today, it is projected to be just over 8 million by 2050.

Other countries across Central and Eastern Europe are facing similar population declines. And other governments have discovered incentivizing child birth can be a politically popular way of addressing the problem. In Poland, the ruling Law and Justice party found favor with a plan to offer subsidies to families with two or more children.

Orban’s proposal comes as he prepares to contest European parliamentary elections that he has cast as a binary choice between the cosmopolitan liberalism of the West and the nationalist, “illiberal democracy” that he has helped to pioneer in Hungary.

As in previous campaigns, Orban has aggressively vilified Hungarian American financier George Soros, proclaiming without evidence that the billionaire philanthropist is using his “agents” — including mainstream European politicians, the free press and nonprofit groups — to flood Europe with migrants.

Orban built fences in 2015 and 2016 to keep asylum seekers out even as other European countries — notably Germany — welcomed large numbers of newcomers. In Germany, the arrivals have helped the country to arrest a long-term demographic slide.

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Multiple state tax returns are required if you moved from one state to another last year. You just need to know the rules of each state, and we'll walk you through what you should be If you're not lucky enough to live in one of those states, your next step is to get the right form to declare your income .

People were so excited about the income tax that they voted twice. First, they changed the state They would be expected to pay a lot. So they challenged the tax in court, saying it couldn’ t be legal. Four in favor, four against. But the state needed a decision. Tax forms were already being mailed out

In his speech Sunday, Orban railed against “mixed population countries” and warned that Christians were becoming a minority in Europe. “There is no return ticket,” he said.

Normally sure-footed politically, Orban had stumbled recently with legislation intended to allow employers to demand more overtime from their workers. Dubbed “the slave law” by critics, it was widely seen as an attempt to address a labor shortage that has left employers without enough workers.

Passage of the law triggered mass protests from unions, opposition parties and civil society in December and January.

One such protest was held on Sunday as the prime minister spoke, though the crowd was smaller than the ones that had filled central Budapest squares in previous weeks. Opponents say the labor law puts strain on home life by keeping parents from spending time with their children and runs counter to the government’s insistence that it is family-friendly.

“If the government is serious about supporting families,” opposition lawmaker Bernadett Szel wrote on Facebook after Orban’s speech, “it must start by withdrawing the family-breaking slave law.”

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Hungary is so desperate for kids that mothers of four won’t need to pay income tax© Szilard Koszticsak/AP Hungarian Prime Minister Viktor Orban delivers his annual “State of Hungary” speech in Budapest, Sunday, Feb. 10, 2019.

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