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Turkey's 2025 Budget Debate
Turkey's Treasury and Finance Minister Mehmet Şimşek addressed Parliament on the 2025 budget, discussing minimum wage, taxation, government spending, and addressing claims of tax debt cancellations and e-seizures.
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Mehmet Şimşek
- What was Şimşek's stance on the minimum wage?
- Şimşek stated that the minimum wage is determined by the commission and that commenting on it at this stage would be inappropriate. He emphasized the government's focus on structural reforms to boost productivity and technological advancements, aiming for a significantly higher minimum wage in the future.
- What measures were mentioned to improve tax justice?
- The Minister clarified that the government is actively working to enhance tax justice. Measures include lowering the lowest income tax bracket, increasing the highest one, and introducing a minimum corporate tax rate to ensure fair contributions from large corporations.
- What were Şimşek's responses regarding claims of tax debt cancellations and e-seizures?
- Şimşek denied allegations of arbitrary tax debt cancellations, asserting that only the Parliament possesses such authority. He also addressed concerns about e-seizures, stating that they are never implemented without prior notification to the affected party.
- How did Şimşek respond to questions about government tax expenditures and corporate tax breaks?
- Regarding tax expenditures, Şimşek highlighted that 853 billion liras are due to the exemption of minimum wage earners from taxes. He defended government spending on social welfare programs and R&D initiatives, refuting claims of excessive tax breaks for corporations.
- What were the main topics discussed by Minister Şimşek during the parliamentary budget meeting?
- Mehmet Şimşek, the Minister of Treasury and Finance, addressed the Turkish Parliament's Planning and Budget Committee regarding the 2025 budget. He fielded questions from MPs on various topics, including minimum wage, taxation, and government spending.