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Lower corporate tax will lead to increase of wages

The influx of investments will have positive effects on the economy. It is possible that the next year's GDP growth will exceed the previous forecast. However, the real effects will be seen in the long run. The growth of investments will also inevitably lead to lower levels of unemployment.

The reduction of corporate tax is an important step towards creating a positive image of Bulgaria and making the country more attractive for businessmen. Moreover, if the government chooses to pursue economic reforms the beneficial effects would be drastically multiplied. This is not only feasible but also extremely important if we want to overcome the vast living standard gap between Bulgaria and EU.