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Review of Slovene Economy from 18 through 24 March

Ljubljana, 26 March - The most important news to those with lowest wages was probably the endorsement of the proposal to introduce a tax relief for employees in the lowest income bracket by the Economic and Social Council, which associates representatives of trade unions, employers and the government. The bill envisages a decrease in the income tax paid by employees whose gross incomes did not exceed 45 percent of the average yearly pay in Slovenia in 1999. The bill needs to be adopted by the parliament to become effective for two years or until the Income Tax Act is amended by another law.

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