PSL supports new tax brackets and demands lower petrol tax

The leader of the Polish Peasants Party (PSL) Jaroslaw Kalinowski told a press conference on Saturday that his party supported the idea of introducing two new personal income tax brackets of 0% and 15%, at the same time decreasing CIT tax to 15%. The PSL believes that there should not be such a situation where 95% of taxpayers fall within the lowest bracket of 19% and who account for almost all the budget revenues. The party demanded that excise tax on fuel be reduced by 30%, which, they argue, in turn would help stimulate the economy. "The minority government is drifting and has no strategy to pull the country out of the economic crisis," Kalinowski said. He added that next week his party will comment on Kolodko's public finance reform proposals, but in the meantime argued that work on the NBP bill should be restarted in order, "To force it to cooperate with the government on the issue of repairing the economy". (Gazeta Wyborcza, p. 20; www.onet.pl) M.M.