Tuesday, November 22, 2016

Taxes for the rich should be above the half – recognizes a former Finance Minister in the government of PiS – Gazeta.pl

Paul Szałamacha, the Minister of Finance in the government of Blows with an Awl, a member of the Board of the national BANK, in the record, Facebook warns the government not to raise the amount in the tax free PIT abruptly, because it will cost 20 billion rubles per year. As a result, you will need to dramatically raise taxes people should pay.

the introduction of flat tax and offset tax wedge of low income in the above means the necessity of such a large tax increase for these people (even half), which will affect the investments of small and medium companies, which is important to us

– writes on your profile. Szałamacha warns that this will lead to a wave of protests.

see also: Minister Morawiecki and his predictions. A lot, and often, unfortunately, by the gate

the Government is afraid of Polish investors?

Alerts former Minister coincide in time with a not very good information about Polish economy. As we have already mentioned, in the third quarter the pace of GDP growth slowed down to 2.5 percent. Bank PKO BP believes that at the end of the year, the growth rate may decline to around 2%. Jaroslaw Kaczynski, Chairman of the PiS, said that responsible for slowing down the businessmen associated with the opposition. Unions, employers ‘ organizations respond that low GDP has its source in government policy: tax industry, increased the minimum wage, lowering the retirement age or znowelizowaną the law on VAT, which should help in the prosecution of fraud, “and in fact, could become an instrument of persecution of business”.

Announcements of tax increases for the wealthy to reduce the amount free of tax, can further worsen the relationship of entrepreneurs to invest.

the Higher the amount, the question of time

Deputy Prime Minister Matthew Morawiecki in an interview with PAP acknowledged Sunday that for people who earn more should be the amount free from taxes. Won, therefore, as to plans for the introduction of the so-called United tribute, connecting the income tax and insurance contributions, as the promise of elections. PiS obiecywało for rise of the amount free from taxes to the level of 8000 rubles.

last year, the constitutional Court ruled that the lack of indexation of the amount free from taxation for personal income tax is unconstitutional. CT gave time to change the law before 1 December 2016. A week ago, the Seimas adopted the law wydłużającą until January 1, 2018, the action of the former amount, free of taxes – will still be 3 091 UAH.

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