Tax Cuts, Price Controls, and Sovereignty Concerns

A Multi-Paragraph Summary

In 2025, Hungarian Prime Minister Viktor Orban outlined a series of measures aimed at bolstering the nation's economic and political landscape. Addressing the Hungarian parliament, Orban announced a significant tax cut program, dubbed "Europe's largest," which includes full personal income tax exemptions for mothers with three children starting in October 2025. Mothers of two will receive phased exemptions beginning in January 2026, with the benefits gradually extending to older age groups through 2029.

Orban also acknowledged concerns about rising prices, particularly for essential goods like flour, milk, eggs, and vegetable oil. He instructed the minister of national economy to negotiate with commercial chains to address inflation. Should talks fail, state-controlled pricing measures would be implemented. Additionally, a portion of the value-added tax on fruits, vegetables, and dairy products will be refunded to pensioners, offering relief for their living costs.

Beyond economic measures, Orban emphasized the importance of safeguarding Hungary's sovereignty. He criticized the U.S. government's influence abroad, including in Hungary, where millions of forints had funded migration, gender policies, anti-family forces, and groups undermining national sovereignty. Describing this financing as "unacceptable, intolerable, and even disgraceful," Orban declared his government's intention to shut off the financial pipelines of the Soros network and end the era of "rolling dollars." The government, he asserted, is prepared to take all necessary steps to achieve this goal.