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PiS to impose blanket retail tax in Poland [291]
1. I'm sure that every store, large concern will AVOID this tax at all costs. Large stores will be divided into separate unique outlets selling cosmetics, bread, food items, clothing. Their individual profits will be below the line set for tax.
2, As for trading on Saturday and Sunday (higher tax rates) the stores will merely open longer on weekdays or pass the extra charge onto their customers which will fuel inflation.
3. Stores being closed on Sunday will not FORCE people into going to church anyway..
4. ALL banks will pass any extra charges onto their customers. Banks will cut costs and dispense with the services of bank employees. This will mean more unemployment. Government will have to pay the unemployed.
5. Introduction of the minimum, wage will force prices to increase and will fuel inflation, then strikes then a change in Government.
Government will have to pay the unemployed who have been dispensed with, as companies/firms have only so much for the services that cleaners or security people provide. If they were to increase prices this fuels inflation.
6. In 2 years time, inflation in Poland will be running at 15-20% per annum.