Economics in Brief: New tax proposals; Euroland entry date; NBP on inflation

The Democratic Left Alliance (SLD) is proposing to introduce a new personal income tax rate of 8 or 9% for the lowest earners. The SLD's Stanisław Stec, deputy head of the Sejm's Public Finance Commission, said that the Finance Ministry is already analyzing the fiscal costs of introducing such a proposal. (Puls Biznesu, p. 7) ... According to a report by the Economist Corporate Network, prepared for The Economist weekly, Poland, the Czech Republic and Hungary are not likely to introduce the euro before 2010, unlike other Central and Eastern European countries, who will probably do so in 2007 and 2008. (Puls Biznesu, p. 9) ... Leszek Balcerowicz, the governor of the National Bank of Poland (NBP) reiterated that the central bank will fight inflation and bring it down to the targeted level of 2.5% from the 3.4% rate recorded in May. (Puls Biznesu, p. 3) T.J.