Cabinet boosts 2009 budget spending on infrastructure
The biggest change is a result of a decision made two years ago by the Law and Justice (PiS) government concerning the 18 percent and 32 percent tax brackets which will replace the 19 percent, 30 percent and 40 percent starting 2009. This means that around zł.6 million will stay in taxpayers' pockets.
However, this means shrinking budget revenues while the economy enters a slowdown. "The budget is ambitious and if the financial crisis spreads, there will be trouble making it work," said an anonymous Civic Platform (PO) deputy.
Sources: Dziennik, Puls Biznesu, Rzeczpospolita (K.K.)
However, this means shrinking budget revenues while the economy enters a slowdown. "The budget is ambitious and if the financial crisis spreads, there will be trouble making it work," said an anonymous Civic Platform (PO) deputy.
Sources: Dziennik, Puls Biznesu, Rzeczpospolita (K.K.)
