An EU sustainability regulation, part of the Green Deal, risks making entrepreneurship almost impossible in the European Union. By aiming to “harmonize” at the EU level the criteria for which economic activity “qualifies as environmentally sustainable”, the regulation in question will make doing business in the EU unnecessarily difficult. Complying with environmental legislation in the European Union, besides being controversial, is already very complicated.

taxation

Imagine you are running a business. You have a small business or a trade, and you are doing just enough to maintain the same standard of living across challenging times. Then suddenly, without any increase in your income compared to the prices around you, the state tells you that you are already earning enough to pay more in taxes.

Currently, Europe is focusing on other issues, particularly environmental protection and the fight against climate change. To this end, a broad investment strategy has been developed, which is detailed in the Green Deal and other related plans. A key component of these strategies is the energy sector, where the European Union has set ambitious targets for transitioning away from coal-fired energy sources and promoting the use of renewable sources.

Mateusz Morawiecki, during the recent press conference “Stable public finances in unstable times”, bragged that under the rule of PiS’ government “the [public] debt in relation to GDP will fall” and it will be the case “despite gigantic expenses during the pandemic, despite huge expenses on the anti-inflation shield.” He stressed that “there are no catches here, there are no special operations.”