Tradesmen and craftsmen who are struggling to turn the wheels, who stand with "Breathing Credits", see tax cuts as a last resort. Expectations, Value-added tax (KDV) reductions in some sectors, especially fuel oil, and the revival of the markets "a bit"!
The President's Chief Advisor said "a discount should be made"
Cemil Ertem, who spoke on the live broadcast of TRT, said that "the Central Bank will increase the interest rate but the exchange rate may go up, otherwise we think that the correlation is getting weaker, we are not late, we can get together quickly if we take the steps of fiscal policy" "We need to take the necessary steps to support the policies of the Motor Vehicle Tax, such as fuel," he said.
Sold abroad cheaper than the gasoline produced in Turkey
The market will revive the tax reductions will be made in fuel and Palandöken stating that enables the inflation decline, diesel underlined that one-tenth of gasoline consumption in Turkey. Palandöken said, "We export all of the gasoline we produce in the country at a cheap price, because we can not sell all of the gasoline we produce. We are also importing the engine beside crude oil to meet the demand of the engine."
Turkey Tradesmen and Artisans Confederation (TESK) Chairman Bendevi Palandöken, "Tax cuts will stimulate the market," he said.
TESK Chairman Bendevi Palandöken explained about the tax hikes coming from the fuels and the tax reductions in the fuel coming from the day after. Palandöken stated that the expected tax cuts in the fuel oil would stimulate the markets and reduce the inflation. "We have been saying that tax reductions should be made in fuel oil for a long time. The expectation of the tax cuts that we expected came to the fore all tradesmen camasini. Tax reductions will stimulate the markets for the citizens to increase their purchasing power, while at the same time they will help reduce inflation ".
Palandöken emphasized that the tax cuts to be made in the fuel would not cause such a consequence, but that the fiscal bureaucracy was rightly considering loss of income. However, tax deduction does not always mean that tax revenues will decrease. The price in the fuel oil will boost the market to boost the purchasing power of the reduced citizen, which will increase tax revenues indirectly. At the same time, however, it will cause inflation to decrease as the economy grows. So three birds will be shot with one stone. If the tax on the fuel used in commercial vehicles is further reduced, the effect on the inflation is also greater. Tax cuts are expected to be passed on as soon as possible."
"Temporary tax cuts should be made in white goods, electronics and automotive"
Palandöken said last year that the tax cuts made on white goods and furniture have seen all the statistical data that the economy effect is extremely positive.
"There is a need for a temporary tax cut once again in white goods and small household appliances, especially in electronic products. These reductions should not be seen as trying to achieve viability in some sectors. The discounts in these sectors are affected first by the subsidiary sectors connected to them and then by all the other sectors by the multiplier effect. In addition, a temporary tax cut to be made in the automotive sector will have a huge impact on the economy. Tax cuts should be passed as soon as possible without losing time."