The Sejm is working on an act increasing the income tax threshold. This will cause lower income from PIT. As a result, Warsaw may be forced to cut its budget by as much as 840 mln PLN.
– Increasing the income tax threshold without providing preventive measures – assesses Łukasz Kozłowski, expert of Employers of Poland. He believes that the burden of introducing the act should be borne by the budget.
This may be problematic. The Ministry of Finance has to find funding for the main PiS project – 500 PLN for kids – the cost of which is estimated at 22 bln PLN. Deputy PM Morawiecki has recently talked of increasing the threshold gradually, but President Duda’s chancellery presented a draft of an act involving an instant increase.