Prime min­is­ter of­fers life­time tax break for moth­ers of four

The Columbus Dispatch - - Nation&world -

Hun­gary’s gov­ern­ment is greatly in­creas­ing fi­nan­cial aid and sub­si­dies for fam­i­lies with sev­eral chil­dren, Prime Min­is­ter Vik­tor Or­ban said Sun­day dur­ing his “state of the na­tion” speech.

The mea­sures are meant to en­cour­age women to have more chil­dren and re­verse Hun­gary’s pop­u­la­tion de­cline. The ben­e­fits in­clude a life­time per­sonal in­come-tax ex­emp­tion for women who give birth and raise at least four chil­dren; a sub­sidy of $8,825 toward the pur­chase a seven-seat ve­hi­cle for fam­i­lies with three or more chil­dren; and a low-in­ter­est loan of $35,300 for women un­der age 40 who are mar­ry­ing for the first time.

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