Fiscal Burden
Moldova's top income tax rate is 22 percent. The top corporate tax rate has been cut to 18 percent from 20 percent, effective January 2005. In 2003, government expenditures as a share of GDP increased 1.2 percentage points to 33.6 percent, compared to the 3.0 percentage point increase in 2002.
Read more about this topic: Economy Of Moldova
Famous quotes containing the word burden:
“The burden of being black is that you have to be superior just to be equal. But the glory of it is that, once you achieve, you have achieved, indeed.”
—Jesse Jackson (b. 1941)
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