Lawyer Gabriel Birisch, an expert on taxation, says he is happy to double the additional tax on banks because it will explode in the eyes of the authors.

“On reflection, I am happy with the doubling of the bank surcharge from 1% to 2% in 2024 and 2025. Why am I happy? This increases the likelihood of an event similar to 2019,” he said.

He believes that maybe 1% won’t affect the health of the banking system, but 2% definitely will.

“In 2019, based on some ideas that I haven’t seen research on, a greed tax was introduced. What was the result? The rating agencies came back and warned the government that the tax, as it stands, threatens the stability of the banking system, which will lead to a downgrade of the country’s rating, Birish explained during a conference organized by the Coalition for Free Trade. and communication (CLCC).

According to him, the authors of these thoughts, impressions, and feelings are also the basis of today’s changes.

“Maybe 1% didn’t bring the agency back, but at 2% it’s much more likely to blow up in authors’ faces. I think it would be better if 5% did it, so that it is clear that it is not working,” Gabriel Birish also noted.

• “These greedy banks need to be taxed.” But what to do with all the “providers” on the market, with IFN, not including financial and operational leasing? Loans with reporting 500 – 600%/year? We don’t watch them because some of them belong to politicians.”

• “This additional tax is applied not only to IFIs, but only to banks.”

“The additional tax on the oil and gas industry looks as if it was written by the Russians”

“The additional tax on the oil and gas industry looks like it was written by the Russians,” Birish says.

“Who does it affect? Mainly Romgaz, Petrom and Black Sea Oil and Gas. We expect from Romgaz and Petrom that in the next 3 years they will invest 4 billion in the development of the field in Narea Neagra,” he said.

He also recalled that the industry was also affected by the joint contribution.

“I wonder how Romgaz is doing this year?” Last year, the average gas price was around 140 euros/MW. Based on this price, I think they paid 900 million lei in solidarity contribution this year. The price of gas this year did not exceed 40 euros,” said the lawyer.

• “They pay some contributions, and unaccounted for, from some income they don’t have. I’m very curious, after they also paid 1 billion, of which 300 million was borrowed for Exxon’s participation, how Romgaz will manage, and if not, we will see some difficulties in paying.

“This is the result of fiscal policy decisions without impact studies. Perhaps the impact will be so fast and negative that in the next period we will see steps back,” the expert believes.

• “Yesterday I spoke with a tax expert. He said to me, in 2017, if we hadn’t put our shoulders to the task of fixing the split VAT and allowed it to lock down the economy, would those who came up with this idea (the same people behind these ideas) still have the ideas we have today?

“Let’s see what will happen. Let’s all beat our heads against the wall and draw conclusions,” concludes Birish.

See: What taxes the PSD-PNL coalition adds and increases / Everything you need to know