PiS proposes new level of taxation for richer Poles
September 5, 2013
The largets opposition Law and Justice (PiS) party leader Jaroslaw Kaczynski, at regional economic forum in Krynica, southern Poland, presented tax proposals he would introduce if PiS wins the next election.
PiS wants to introduce a third tax bracket taxed 39% to create "a little harsher tax system" for those who earn most, but with solutions encouraging those high-earners to invest in fixed assets. The bracket would cover those high-earners that are self-employed and hence pay a 19% tax.
Kaczynski also wants to introduce a register of and a tax on transactions on financial markets, with transactions on the "main floor" to be taxed 1% and on "secondary floors" 0.5%.
"That is an endeavor that has a fairly small financial dimension as . . . net turnover of the Polish stock market is not a huge turnover. It is primarily supposed to cure the blindness of the Polish state and prevent all those measures taken by those who want to evade taxes."
PiS also wants to introduce a 1% tax on retail networks, Kaczynski said.