Progressive Slovakia MP Eyes Finance Ministry, Promises to Scrap Transaction Tax

Progressive Slovakia lawmaker Štefan Kišš has openly declared his ambition to become finance minister, outlining sweeping tax reforms he would implement if his opposition party comes to power. Kišš said scrapping the controversial transaction tax would be among the first legislative priorities of a new government, alongside changes to income tax and value-added tax. He argued that Slovakia is losing more than one billion euros annually in tax collection compared to when the current government took office, attributing this decline to poor tax policy implementation. Progressive Slovakia is the largest opposition party in the National Council, Slovakia's parliament, and has positioned itself as a liberal alternative to the ruling coalition led by the populist Smer-SD party. The transaction tax, introduced by the current government, has been criticized by businesses and opposition parties as harmful to economic competitiveness.