Kazakhstan President Proposes Higher Taxes for Wealthy Citizens

President Kassym-Jomart Tokayev proposed discussing higher tax rates for wealthy individuals in his address to the nation. He also highlighted the need to review tax code provisions causing difficulties for entrepreneurs. The president stated the tax code should not be detached from reality and that ambiguities and excessive burdens on businesses must be eliminated. The government was tasked with preparing specific amendments to tax legislation, considering entrepreneurs' opinions.

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