Mises Wire
Author:
Karol Mazur
Online Publish Date:
Ukrainian president Volodymyr Zelensky recently announced a drastic tax cut . The program, entitled 10-10-10, is designed to lower taxes and encourage residents to pay them in the hopes of reducing the shadow economy. In Ukraine, the value-added tax (VAT) rate is uniform and amounts to 20 percent and personal income tax rate 18 percent. Zelensky