About PLN 60 billion in spending and (in the beast case scenario) PLN 10 billion in extra revenue. PLN 40 billion of deficit. It seems that Poland can go broke within the forthcoming year. The question is whether Law and Justice (PiS) intends to sink the country or maybe Beata Szydło’s cabinet is designed to withdraw from the promises and fail so that Jarosław Kaczyński may step in and save the day?
It appears that if back then, CIA ordered them to insert their fingers into a paper shredder, they would gladly do that in accordance with this unconditional trust. Unfortunately, the consequences of such a behaviour may be far more serious than the Texas paper shredder massacre.
Work is taxed with the highest percentage in Poland. Effective tax rate for work exceeds 40% – the rate similar to the taxation of vodka.
The Economic Council to the Prime Minister of Poland has published its comments about the changes in the Open Pension Fund (OFE). Because the professors have subscribed to them, we cannot say that they are another act of audacity, but quite a reasonable analysis. The only problematic thing is the fact that from correctly diagnosed premises, the professors draw quite puzzling conclusions, which are difficult to agree with.
Finance Minister Rostowski claims that “the liquidation of the Open Pension Fund is not completely ruled out”. But he is far from being right. The liquidation of the Open Pension Fund is completely certain.