CONSEQUENCES OF INCREASING THE MINIMUM WAGE IN UKRAINE TWICE
DOI:
https://doi.org/10.15330/apred.1.13.25-29Keywords:
minimum wage, household income, the poorest part of the population, the economy of country, tax systemAbstract
In the article the views of scientists on the role of incomes of the poorest people in providing of economic development of the country and consequences of increasing the minimum wage in Ukraine twice are investigated; the dynamics of change in Ukraine minimum wage during a decade are analyzed and decline in living standards of population during this period is shown; measures, which should be taken for non-inflationary growth in incomes of the population, are grounded; it is disclosed that such measures should include unification of income tax for individuals and single social contribution and restoration of a progressive taxation of incomes of the working population.
References
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2. Onishchenko, V. P. “Ontological context of economic crisis.” Economy of Ukraine, no. 4, 2014, pp. 4–17.
3. Geyets, V. М. “About unity and contradictions in the development of society, state and economy.” Economy of Ukraine, no. 11, 2012, pp. 4–22.
4. The site of the State Statistics Service Ukraine, www.ukrstat. gov.ua. Accessed 8 Feb. 2017.
5. Lunina, I. O., Balytska, V. V., Korotkevych, O. V., and N. B. Frolova. “Ways to minimize the impact of the financial crisis on Ukraine's budget.” Finance of Ukraine, no. 12, 2008, pp. 22–32.
6. Belopol’skiy, N. G. “Internal reserves for rescue Ukraine.” Journal of Priazov State Technical University. Series: Economics: Collected Works, no. 28, 2014, pp. 18–24.
7. Geyets, V. М. “Post-crisis prospects and problems of development the economies of Ukraine and Russia (Macroeconomic spectrum).” Finance of Ukraine, no. 2, 2011, pp. 11–23.
8. Amosha. O., and V. Wisniewsky. “The question of assessment of the level of taxes in Ukraine.” Economy of Ukraine, no. 8, 2002, pp. 11–19.
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Published
2017-04-25
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State finance management
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