The paper presents preliminary results from a sequence of microsimulation exercises implementing a selection of initiatives for income policy adjustments in Bulgaria.These initiatives originate from various income policy reform proposals that were publicly discussed during the 2017 parliamentary election campaigns. The paper provides empirical assessment of the possible budgetary effects of these proposals, assuming that these reforms are implemented in year 2017. The calculations are performed in EUROMOD – the tax-benefit microsimulation model for EU countries.