L. Kasinas agrees that the defense of “Laisvieiai” will be financed by the municipality GPM, excise tax, higher profit tax

L. Kasinas agrees that the defense of “Laisvieiai” will be financed by the municipality GPM, excise tax, higher profit tax
L. Kasinas agrees that the defense of “Laisvieiai” will be financed by the municipality GPM, excise tax, higher profit tax
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Aurin Armonait, leader of the Freedom Party. photo of Vladimir Ivanovs (V).

The Freedom Party announced on Tuesday that it will collect the necessary additional funds for raid protection by redistributing the portion of the personal income tax (GPM) currently paid to municipalities, by increasing excise taxes and increasing the profit tax rate by one percentage point.

Supplemented with quotes from A. Armonaits

According to the party, this will allow to increase the appropriations for the security guard next year by about 420 million. EUR and thus reach the 3% of the gross domestic product defense funding limit.

The governing liberals announced this initiative when the Ministry of Finance was preparing a project for the additional financing of search protection.

Part of the proposal is several scenarios submitted to the Ministry of Finance. We don’t play with multiple scripts, let’s stop playing with multiple scripts. We only support the real scenario, the chairman of the Freedom Party, Aurin Armonait, told journalists in Vilnius.

It’s time to stop dreaming of dark apocalyptic scenarios for Lithuania’s future. Part of the society is invested, part of the investors live in the suburbs, we can see that foreign capital or local capital may start entering Lithuania. We wouldn’t want that, she said.

According to the Free Party, it is enough to take 150 mln. They have a share of GPM, and excise duties should be increased mostly on so-called fuel, gasoline, diesel, as well as alcohol and tobacco.

The increase in excise duty is also expected to raise approximately 150 million. EUR, and the remaining amount is required at the higher rate of profit tax, which currently amounts to 15%.

A. Armonait says that during the redistribution of the GPM part of the municipal budget, the growth is not as fast as it is now, but the allocations are not there.

Financing for self-government cannot be changed. Simply because of economic growth and the existing formula, the share of self-government is growing very significantly, according to the leader of the Freedom Party.

According to her, for the most part, the estimated amount for excise duty is about 97 million. Refusal of gas oil used in our activities to collect EUR.

A. Armonait emphasized that with their initiatives, the liberals did not burden the most vulnerable groups of society, but at the same time, defense financing grew more or less with everyone contributing.

It seems to me that all these promises are real, said the politician.

The minister agrees

Conservative Defense Minister Laurynas Kasinas on Tuesday called for an increase in tax changes for defense financing supported by the coalition partner, Freedom, although he admitted that the details of the initiative can still be discussed.

You will be surprised, but hey, the minister told journalists in Vilnius.

L. Kasinas says that the self-government will benefit from increased defense funding, because it focuses on civil safety, and with the additional appropriations for the acquisition of air defense systems, the city’s defense will increase.

In the municipality, the work becomes easier in many places when your cities are covered, said the minister.

He claimed that the details of the promotion can still be discussed, but the idea of ​​taking the necessary lessons from as many sources as possible is correct.

Defense is a matter for the entire state, for the castle, for villages, cities, and for the residents. In this place, it is a small part, and I think we could all (contribute to BNS), said L. Kasinas.

Politicians want to increase defense funding in order to create divisions in the army faster, to accept a German brigade in Lithuania by 2027 and to prepare for general growth.

The government also decided to establish a special fund, where defense donations would be collected for higher taxes, and residents could also donate.

In order to increase the fixed financing of search protection from 2.5% to 3% of the gross domestic product (GDP), the Ministry of Finance will present four alternatives at a meeting in March.

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[{“title”:”Premjer: labiau apmokestinus verslo peln, investicinis klimatas pernelyg nenukentt”,”url”:”https://vz.lt/verslo-aplinka/2024/04/18/premjere-labiau-apmokestinus-verslo-pelna-investicinis-klimatas-nenukentes”,”category”:”ARTICLE”,”profiles”:[1057,1067,1633]},{“title”:”Advisor: G. Nausda advocates progressiveness in raising defense taxes”,”url”:”https://vz.lt/finansai-apskaita/2024/04/23/patarejas-g-nauseda- advocates-for-progressivism-increasing-taxes-for-defense”,”category”:”ARTICLE”,”profiles”:[1027,1057,1067,1633,1655]},{“title”:”G. Skaist: we are considering establishing a defense fund but volunteers can also donate”,”url”:”https://vz.lt/verslo-aplinka/2024/04/22/g-skaiste- i-considering-establishing-a-defense-fund-it-would-be-possible-to-donate-and-voluntarily”,”category”:”ARTICLE”,”profiles”:[1057,1067,1633]}]

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The article is in Lithuanian

Tags: Kasinas agrees defense Laisvieiai financed municipality GPM excise tax higher profit tax

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