Hungary to Offer Mothers Tax Breaks for More Children
Lamenting low birth rates in Europe and at home, Prime Minister Viktor Orban floated a plan yesterday to waive income tax for life for mothers of four or more. “We need Hungarian children,” he said during his annual state of the nation address. The controversial right-wing leader also decried immigration as a solution to a sagging population.
Is this just a political ploy? Not necessarily: Hungary’s population is expected to fall 15 percent by 2050, while Central and Eastern Europe are home to some of the world’s lowest fertility rates.