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Péter Magyar.
Hungarian lawyer and politician, Prime Minister of Hungary since 2026
Today's story
Hungary Plans 1% Wealth Tax Above $3.1 Million
Hungary’s government has proposed an annual wealth tax starting in 2027: 1% on assets above 1 billion forints and 1.5% on wealth above 100 billion forints. The levy would cover assets at home and abroad, with debts deductible, and is intended to fulfill a campaign pledge as the government addresses a large budget deficit; the proposal will undergo public consultation.
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About Péter Magyar
Péter Magyar is a Hungarian politician who has served as prime minister of Hungary since May 2026. He has been the president of the Tisza Party since 2024 and was a member of the European Parliament (MEP) from 2024 to 2026.
Everything about Péter Magyar →- Occupation
- lawyer, political activist, diplomat, politician
- Position held
- Member of the European Parliament, party leader, deputy party leader, member of the National Assembly of Hungary
- Citizenship
- Hungary
- Born
- March 16, 1981