No tax increases so encourage growth: Finance Minister

“Increasing taxes or bringing new taxes is contrary to what we want to do,” Finance Minister Tadeusz Kościński, whose draft budget is to be discussed by parliament’s Social Dialogue Committee on Friday told PolandIN.

To watch the whole interview, click here.

The 2021 government evisages revenue from the retail tax, which is being appealed against at the European Court of Justice and some variation of digital tax, if EU countries can agree on a unified policy for treating the revenue from internet giants.

However, Mr Kościński said that the fiscal approach of the Law and Justice Government, which is forecasting growth of 4.0 percent next year after a fall in GDP of 4.6 percent in 2020, is to focus on raising consumption, which will “be a driver of the economic recovery”.

As such he said that “increasing taxes or bringing new taxes is contrary to what we want to do.”

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