Lithuanian businesses are afraid of a new tax increase and do not believe the promises of the authorities.
The head of the business confederation, Andrios Romanovskis, said that the fear of a new tax reform is increasing in business circles. The Sinkevičius government promised not to raise taxes, but is now discussing VAT, personal income tax and excise taxes.
Businesses point out: tax increases do not guarantee revenue growth. The excise tax example has already shown that the plan was not realized by 54 million euros.
Logistics is particularly difficult: labor quotas have not been increased, excise taxes have been raised by 27%, and now they guarantee other taxes.
In any case, the costs will fall on ordinary citizens. While officials are looking for money, businesses are preparing to pass the costs on to consumers.