income
All the happiness money can buy in the winter of Covid-19
As the saying goes, money can’t buy happiness. That certainly seems to be true in 2020 — rates of depression and anxiety are up, even though many...
Labor income growth recovering after coronavirus-caused slowdown
Lithuania's labor income growth slowed down during three months of coronavirus quarantine restrictions, but bounced back in June to the level seen at the...
President to propose to parlt to tax all income equally
Lithuanian President Gitanas Nauseda says he plans to propose to the country's parliament in the fall to introduce a flat residential income rate for all...
Gap between rich and poor: Lithuania on list of 15 countries with widest gap
The gap between rich and poor is always discussed and creates social unrest. Countries try to make this gap smaller but in some countries, it is still...
President's office doesn't intent to block govt's proposed tax changes
The Lithuanian president's office sees no major drawbacks in the government's proposed tax changes aimed at increasing the poorest people's income and...
Nerijus Povilaitis
