A possible increase of the flat tax or a progressive tax would trigger, at least for tourism, either bankruptcy or widespread tax evasion, and 100,000 employees would become unemployed, according to Dragos Raducan, vice-president of the Romanian Tourism Employers Federation .

“An increase in the flat tax would send home 100,000 of the 160,000 employees in tourism. From taxpayers, they will turn into socially assisted people,” he said, cited by local Mediafax.

Document reveals tax changes, flat tax elimination plan by Romania’s Government.

Irina Popescu, irina.popescu@romania-insider.com