Should bank and other special taxes be abolished? – An article by Péter Felcsuti, former bank CEO

The CEO of OTP proposed a partnership with the government, seeking fair burden-sharing and a predictable environment in exchange. He highlighted the challenges banks face in meeting investor return expectations. A prominent economist recently argued for the immediate removal of special taxes. The article questions the fairness of a 9% corporate tax and the reliability of investor return expectations in measuring corporate value. It also discusses the need for predictable economic policies, criticizing arbitrary government interventions during the NER era. The piece concludes by questioning whether all special taxes are nonsensical or if their justification depends on context.