Head of Ülemiste Center: the Panic Created Around the Tax Increase Is Worse than It

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While many entrepreneurs and politicians have painted the VAT rate increase as an economic crime, Guido Pärnits, the manager of Estonia's largest shopping mall, Ülemiste Center, calls for common sense. He believes that the political battle surrounding the tax increase and the public fear surrounding it are more dangerous than the tax increase itself, which affects the economy much more than the tax increase itself.