SLD's flirtation with 50% income tax bracket finds echo among other parties
Although top SLD officials deny that the party supports the introduction of a 50% income tax bracket, numerous party members of the party are in favor of this move. It is likely that if the petition was translated into a parliamentary bill, it would be passed as it is also backed by the SDPL, the Labor Union (UP) and Self-Defense. According to Rzeczpospolita, there are two main ways to introduce the 50% tax rate. The first one envisages abolishing the first tax free bracket, while the other is to withdraw from the possibility of costs to be written-off which were incurred during the process of generating revenues from income. The first proposition would mean that people earning almost zł.3,000 a month would have to pay an additional zł.500 per year to the budget, while the latter would mean an almost zł.1,800 increase in tax. (Rzeczpospolita, p. A1) A.K.