In a move to counter falling population without allowing migration, Victor Orban promises Hungarian mothers Have Four Children and Pay No Income Tax for life.

“There are fewer and fewer children born in Europe,” Mr Orban said during his annual State of the Nation address. “For the west, the answer is immigration. But we do not need numbers. We need Hungarian children.”

Orban did not say how he would pay for the scheme. Of course, no one ever says how they will pay for any scheme.

Poland and Serbia have similar proposals on the books.

Have-a-Kid

  • Poland gives 500 zlotys a month, about a third of the minimum wage, to mothers for their second and subsequent children. That about $130 per month.
  • Serbia gives 12,000 dinars to families with three children and 18,000 dinars for the fourth. That's about $114 and $172 per month respectively.

Serbia Population

Image placeholder title

Image placeholder title

RECOMMENDED ARTICLES

Starting sometime between 1995 and 2000, World Odometers shows Serbia started losing population and it has continued ever since.

Hungary Population

Image placeholder title

Image placeholder title

Poland Population

Image placeholder title


Image placeholder title


The EU allows freedom of movement. Those in Eastern European countries are voting with their feet.

Mike "Mish" Shedlock

Questioning Lagarde as Gross Interest Income in Germany Heads Towards Zero

Thanks to negative interest rates, Germans interest income has plunged towards zero.

Household Income Up But Median Earnings for Men -5.73% Since 1973: Women +33.99%

Real median earnings for men are down 5.73% since 1973. Median earnings for women are up 33.99%.

Case for Zero Corporate Taxes: Who Really Pays Them?

President Trump and Congress have their eyes on a tax overhaul now that Obamacare replacement has died.

Boris Johnson Solidifies Lead: Pledges to Cut Taxes When Prime Minister

The 1922 Committee has certified 10 Tory candidates to battle to replace Theresa May. Boris Johnson solidified his lead.

Big Investment Boom Following Trump Tax Cuts? Answer in Four Charts

Many expect a big investment boom thanks to Trump tax cuts. A few charts will show why they are mistaken.

Tax Code Overhaul Details: Homebuilders, Tesla, and Those With Lots of Kids Come Out Worse

GOP leaders finally unveiled key details in their tax overhaul plan. There are some winners and losers as always the case. Two losers are the homebuilders and Tesla. Part of the mortgage write-off goes away and the bill will repeal electric car credits. Families with lots of kids may lose as well.

Alleged Plot by Italy and Hungary to Sink the EU

Most conspiracy theories are bunk. Here's an interesting one from a reliable source.

Wage Growth for Men About 1/4% Per Year Since 2000, Women About 1/2% Per Year

Women are slowly catching up to men in median wages but growth has been pathetic across the board.

Obvious Bullshit: Ignoring Women Costs Financial Industry $700 Billion a Year

A study says Ignoring women costs $700 billion dollars a year in lost profits. I say bullshit.