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Member of Parliament Proposes to Impose 30% Tax on Salaries over 2500 GEL

Gia Zhorzholiani member of parliament majority, proposed law that imposes 30% tax on salaries over 25000 GEL.

Gia Zhorzholiani has proposed to increase the teacher’s salary by 100 GEL. Additional financial resources should be mobilized for developing high productive sectors.

To this end salaries over 2500 GEL should be taxed by 30%. As a result, the state budget will mobilize 0.5 million GEL in addition.

“We should introduce a new tax system – progressive tax system. A number of laws hamper this process, but we are able that the Government carry out the changes for 3 years. This signifies that income tax on certain part of incomes should remain 20%, while higher incomes should be taxed by 30%”, Zhorzholiani said.