High Social Security Contributions Put Romania At A Disadvantage To Bulgaria

01.31.2013 By Claudia Medrega

Cutting social security contributions is a way to stimulate the economy, given that Romania has remained one of the countries with the highest levels of social security contributions, 44.45% of the gross income, and this puts the country at a disadvantage to Bulgaria, where the total level of labor taxation is 30.3%.

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Keywords:
social security
, contributions