Employers also proposed several measures aimed at labour market liberalisation - to enable employers to exchange workers and relocate workers to another position.
Those proposals were presented on Monday at Entrepreneurs Day, the traditional annual event organised by HUP, attended by several hundred employers.
Employers believe that these measures would improve competitiveness, increase the economic growth by two percent, employment by 2.5 percent, while the overall fiscal neutrality would be maintained.
The HUP's proposal is aimed at achieving a balance of three tax rates - profit tax, income tax and VAT. Profit tax rate should remain at the current 20 percent, VAT would be reduced to 20 percent. Income tax would no longer have rates of 35 and 45 percent but only those amounting to 15 and 25 percent.
The implementation of new tax rates would put an end to the current situation in which labour tax is significantly higher than capital tax, which discourages investments in new jobs and employment, HUP representatives said.