As a result of realization of the draft bill on taxation of luxury goods and elite property, developed by the Ministry of social policy, the state budget will get additional 800 million hryvnias annually. This money will be used to pay pensions, vice PM Serhiy Tigipko said.

"This drat bill provides for sending the tax money to the Pension Fund. We are facing the crisis, and it is time to improve the life of the poor at the expense of the rich," Tigipko said.

He underlined that similar laws have been adopted in Germany, France, Austria, the Great Britain and Sweden.

According to Tigipko, the draft bill will be submitted for public consideration, which will continue three weeks.

"I've sent letters to the European Business Association, US Chamber of Commerce and to associations of employers and entrepreneurs. We must take into account all opinion in order not to harm interests of the middle class," he said.

The official also expressed a hope the draft bill would be supported by the Verkhovna Rada.

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