Obama Increased Investment Security, Says Samost ({{commentsTotal}})

Presidents Ilves and Barack Obama on Wednesday. Source: (Courtesy of the Office of the President of the Republic of Estonia)
Business
Business

IRL politician Anvar Samost said Estonia's tax system may increase investments into the country, but a more decisive factor is security.

“The United States president, who could also be called the leader of the free world, came to Estonia and in front of the entire world gave the nation such strong security guarantees as to dispel any fears investors might have had in investing here,” Samost told ERR radio on Thursday.

Samost and representatives from other parties discussed possible tax system reforms after the 2015 national elections. Reform Party MP Aivar Sõerd said the IRL Party's proposed 500-euro tax-free cutoff does not have financial cover in the budget and would be too complicated.

Sõerd said Estonia needs more larger companies which would create more added value. Jobs created by these types of companies would not be low-paid, he said, adding that a tax system should not aim to create low-paying jobs.

Samost said it is a question of morals, saying Estonia has many people who are receiving a low income for hard work.



{{c.alias}}
{{c.createdMoment}}
{{c.body}}
{{cc.alias}}
{{cc.createdMoment}}
+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long
{{comment.captcha.word.answer}}

news.err.ee

Opinion
Independence Day: Estonia’s way into the future isn’t a race

There is a lack of connection between the Estonian state, and the people who live here. While it expects a lot of the state, Estonian society doesn’t seem ready to contribute, writes Viktor Trasberg.

Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.