President Kassym-Jomart Tokayev has proposed introducing a higher tax rate for wealthy individuals. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
During today's Address, the president focused specifically on the fairness of taxation.
"I think the time has come to consider the issue of introducing a higher tax rate for people with large property holdings. I would like to emphasize this," Tokayev said.
According to the head of state, every person must contribute to the country's development in accordance with their situation. "That is what fairness means," he stressed.
The president also said that the Government and the Kurultai must study this issue and develop proposals.
"Fairness in taxation requires transparency. That means widespread digitalization is needed," Tokayev emphasized.
Also during the Address, Tokayev instructed that the minimum wage be increased to 110,000 tenge.