BUSINESS BRIEFS

Flat tax voted liberal act of 2003

THE ADOPTION of the flat 19 percent income tax was voted the liberal act of the year, according to the Liberal Palette 2003 report, which involves members and supporters of the FA Hayek Foundation and the civil association Liberal Youth of Slovakia.

The raising of pension premiums was deemed the most anti-liberal deed, the SITA news wire wrote.

The list of liberal acts included the health sector reform and the granting of citizens' proprietary rights to savings accounts in the pension system.

The raise of excise taxes in August and the approval of the treaty on education between Slovakia and the Vatican were selected as anti-liberal acts.

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