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New Real Estate Taxes Will Be a Gift to some Politicians: if They Pay Now, They Won't Have to Next Year

Summary by https://www.tv3.lt
The new real estate taxes will save not only many wealthy people from taxes, but also wealthy ruling politicians. Parliamentarians, who scared their compatriots with the taxation of the first home, turned to the path of populism and ultimately took care of themselves. Many of them will avoid taxes not only on the first home, but also on the second, if the spouses declare the place of residence there.
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The new real estate taxes will save not only many wealthy people from taxes, but also wealthy ruling politicians. Parliamentarians, who scared their compatriots with the taxation of the first home, turned to the path of populism and ultimately took care of themselves. Many of them will avoid taxes not only on the first home, but also on the second, if the spouses declare the place of residence there.

·Vilnius, Lithuania
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https://www.tv3.lt broke the news in Vilnius, Lithuania on Saturday, July 5, 2025.
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