They are rehearsing the IMF program without the IMF

There are harsh reactions from many sectors to the successive increases in taxes and fees. Former Economy Minister Ufuk Söylemez said that these increases are a cruel and unfair type of tax, and that the indirect tax rate has reached the level of 70 percent, which is about 30 percent in the EU. Stating that the taxes were collected from large sections of the public rather than taxing income, profit and wealth, Söylemez said: “By imposing indirect taxes from the VAT to the SCT and the Motor Vehicle Tax, a burden was imposed to large sections of the public, people who were oppressed against inflation. They are trying the IMF program without the IMF. We will see it worse after the local elections. Political power, which cannot collect enough taxes and whose foreign borrowing opportunities are restricted, should normally tax the wealthy and wealthy as a tax on net assets, but the opposite is done.

WITHOUT PLAN AND PROGRAM

Recalling that in the 1994 and 2001 crises, devaluations were made and IMF programs were put into operation, Söylemez said: “Now there is no program or planning.” Söylemez pointed out that transferring payments from the Protected Deposit in Foreign Exchange to the Central Bank (CBRT) would mean printing money, which would lead to hyperinflation. Noting that Hafize Gaye Erkan, the new president of the CBRT, remained silent after this decision, Söylemez said: “There is no end to printing money. This means that Mrs. Gaye was not as rational as she was polished, but irrational”.