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THE TAX POLICY AND ITS IMPACT ON LABOUR MARKET IN SLOVAKIA

Authors
Disciplines
  • Economics

Abstract

The global financial crisis has manifest unfavorably also in Slovakia namely in economic growth decline and in the increase unemployment. The labor market is depressed by excess labor supply over labor demand. Under the impression of global crisis the Slovak republic, as well as the other states, takes in arrangements for reduction its impacts on economy and on entrepreneurs and citizens. Received measures of labor market policy against crisis should affect labor demand, i.e. willingness to employ and incentive to find a job. Tax policy measures against crisis should support low consumption through lowering tax burden of income and improvement business environment.

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