The Democrat Party of Moldova (PDM) sent a letter containing the party’s proposals for the average-term fiscal policy (2012-2014) to the Prime Minister and the Ministry of Finance. The letter was signed by the party’s deputy chairman Vlad Plahotniuc, Info-Prim Neo reports, quoting a communiqué from the party. Thus, the PDM proposes introducing a tax of 25% for persons whose incomes exceed 500 000 lei, not taxing the minimum consumer basket, keeping the low VAT tax rates on socially important goods (8% VAT on sugar), maintaining the concessions for IT specialists, etc. The proposals were made public in a news conference on September 22. Democrat MP Andrian Candu, a member of the parliamentary commission on economy, budget and finance, said the party suggests immediately opening discussions with civil society and the alliance partners on the main elements of the average-term fiscal policy (2012-2014). According to him, the fiscal policy bill drafted by the Ministry of Finance does not reform the fiscal policy, but only strengthens the Tax Inspectorate as an institution by creating an incoherent legislative framework and increasing the fines as well as the pressure exerted on enterprises. But important tax concessions are annulled. The MP said the party’s position on the fiscal policy for the next three years was formulated as a result of consultations with civil society, given the promised made to promote social policies and to create an attractive environment for performing entrepreneurial activities. The proposals take into account the commitments made to the foreign partners and the economic changes and development trends in the region. The party also proposes creating a fair taxation system that would contribute to improving the people’s welfare, simplifying the fiscal procedures and ensuring transparency so as to increase the efficiency of the fiscal system and augment the budget revenues. Adrian Candu said the discussions on the fiscal policy will start without delay as a set of laws on the country’s fiscal policy was to be already presented in Parliament so that the budget law for 2012 could be adopted.