Socialists demand cut to VAT on food
Socialist lawmaker Laszlo Varju told an online press conference that due to nine-year record inflation, the price rises of basic foodstuffs were double the minimum wage hike, while pensioners were hit especially hard.
Varju insisted that the government had “weakened the forint on purpose”, yielding hundreds of billions of forints of profits for the central bank, while driving up the price of imports.
Meanwhile, Hungary’s 27 percent VAT is the highest in the European Union, he said.
Varju called on the government to “stop profiteering” on food prices and scrap the “extra tax”.
VAT on food products should not be higher than 18 percent, with VAT for basic foodstuffs cut to 5 percent “immediately”, he said.
The Socialists expect the winner of the opposition primary election to include the measure in their election manifesto, he said.