Fiscal and customs policies for 2012 need profound analysis, PAD

The measures taken by the Government to maintain sustainable economic growth and the planned measures generate negative effects in a number of areas. Thus, the fiscal and customs polices for 2012 must be analyzed profoundly, Corneliu Gurin, a member of the Democratic Action Party (PAD), said in a news conference on August 19, quoted by Info-Prim Neo. According to Corneliu Gurin, the intentions and mechanisms proposed by the Government in the draft fiscal and customs policies for 2012 do not contain efficient measures aimed at solving the problems that appeared earlier, including in 2010-2012. “Namely the previous measures and those promoted at present can destabilize the financial and economic situation of the economic entities and different groups of taxpayers who fulfill honestly their obligations towards the state and society,” he said. He also said that consumer prices in 2010 increased by 8.1% compared with 2009 and the state debt is on the rise. The total state debt administered by the Government was about 19 billion lei at the end of June, up 5.5% compared with the same period of 2010. The rise in the state debt is mainly due to the absence of budget support,” said Corneliu Gurin. PAD considers that the fiscal and customs policies for 2012 need to be thoroughly analyzed at broad public debates. In another development, economic analyst Viorel Chivriga, a member of PAD, said the party pleads for ensuring continuity in implementing fiscal policies so as to reduce the pressure exerted on businesses and maintain the rules of the game set for economic entities earlier. “We consider that measures to facilitate economic activity should be kept by maintaining the concessions stipulated in Article 49 of the Tax Code. Under them, certain economic entities are exempted from paying the income tax during three fiscal periods, while the scientific and innovatory organizations are exempted from paying the income tax if they use the given sum to finance projects in science and innovation,” said Viorel Chivriga. He also said that the VAT on sugar should be maintained at the present rate as the rise to 20% will have negative effects on the sugar production sector. They also proposed maintaining individual tax concessions for the organziations and companies of the blind, deaf and invalids and maintaining the current taxation system for holders of the entrepreneur’s patent. The proposals formulated by the PAD are aimed at maintaining the prices stable, promoting balanced budgetary-fiscal polices by prudently managing the state debt and reducing the fiscal pressure on economy and extending access to financing.
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