Current Affairs Parliament approves significant tax cut that will affect 4 million Czechs
The Czech Parliament on Tuesday passed a significant tax cut which will affect some 4 million Czech taxpayers next year. Employees will save an average of around 400 crowns per month - or about 13 US dollars. That isn't much but it is significant when one considers that in the Czech Republic the average monthly salary still averages only 18,000 crowns - around 800 dollars US. In that light, many Czechs will see the break as a significant step.
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