Sławomir Mentzen of the Sejm Speaker, November 6, 2024.
A year ago during the election run Donald Tusk said: Do you know what this possible miracle is about the consequences of changing the government? If there is another liable government in Poland that knows what the economy is, money will be almost automatic.
It's hard not to announcement a certain resemblance to Mrs. Isabella Leszczyna's bright thought, who tried to repair the wellness strategy with a magic wand.
The Citizens' Platform won and it is hard to believe, but the miracle did not happen, the magic wand did not aid and failed to solve these problems in wellness care or in our public finances.
Current Finance Minister Andrzej Domański promised precisely the same miracles as Donald Tusk, only as an economist he utilized a more complicated language. During the election campaign, erstwhile we had a debate together in "Business Pulse", I asked the minister: How does he want to fulfill his promises, i.e. lower taxes, increase spending and keep budgetary discipline?
He answered me with these words: Our programme is both a programme that drives economical growth, which makes the Polish economy grow much faster in the long word through increased competitiveness, through energy transformation, and thus importantly more resources will affect the budget.Once we take power, the credibility of the Polish government will besides dramatically improve. Thanks to this The costs of servicing our debt, to which we are presently spending almost PLN 70 billion, will decrease. 70 billion PLN is the cost of servicing the debt that the Morawiecki government has taken to a immense extent, so to answer your question: we reconcile investments with the maintenance of these programs, with the maintenance of those programmes that are needed in Poland.
And I said, "Don't believe the platform frauds. It is impossible to lower taxes and increase spending and to confuse that this is budget-neutral. Don't believe Platform. She'll cheat precisely the same as before.
It's been a year and it's hard to believe it again, truly hard, but the platform has actually fooled voters erstwhile again. After a year you can see what nonsense Andrzej Domanski, the current finance minister, spoke.
In the budget for 2025 we have a planned evidence deficit, evidence debt, evidence interest, evidence borrowing needs. Interest alone will cost us twice as much as spending on higher education and education. The interest itself will be higher than the CIT revenue. And all this truly is in a peaceful economical situation.
You've planned a 4-percent economical growth. We don't have a war yet, there's no disaster. The only disaster that happened to us is, unfortunately, your governments..
Unfortunately, you didn't halt talking nonsense during the election campaign. You besides talked nonsense after the election campaign. Moreover, and worst of all, you have besides included nonsense in the budget bill.
The draft budget for 2024 was of course by Law and Justice. You took the ready-made paper and you broke it even more, expanding the deficit by PLN 19 billionAnd then you took this budget as your own.
At the time, Minister Domański assured that he would take a number of measures to reduce the budget deficit. He pointed out that the fresh government would search natural savings. You stressed: We will aim to reduce the deficit in the following years, forecast an increase in gross from all taxes. I pointed out at the time that you had assumed unrealistically advanced taxation revenues, in peculiar VAT.
Plus, you started the proceeds from the NBP, and it was already known that they would just be gone.
In April of this year, after the adoption of the budget, After 3 months of this year, you said the budget looks beautiful good. It looks so good, we're going to gotta rewrite it now..
The fresh budget deficit will be nearly 1/3 more than previously planned, i.e. over PLN 240 billion. Previously, PLN 184 billion was planned. Now it is 6.6% of GDP, with 5.1% planned. The European Union requires that this deficit is only 3%.
According to this amendment, our income falls by PLN 56 billion, taxation gross by PLN 44 billion. The question remains: What about this series of actions by the Minister to reduce the budget deficit? What about the projected increases in gross from all taxes? Where's that money that Donald Tusk said was going to come in almost automatic?
In this revision of the budget, the government accepted that gross would be lower than expected. There will be PLN 6 billion in income from NBP. A year ago, I said that there would be no income because already a year ago, it was known publically that there would be no money from the NBP, that it would show 20 billion PLN loss. Despite this, you have entered PLN 6 billion in the budget.
You cheated Poles. You knew that money was gone, and now you yet gotta admit it.
VAT gross in 2024 will amount to PLN 293 billion, i.e. by PLN 23 billion little than planned,
Over 7% little than you thought. I said a year ago that you presume unrealistically advanced VAT revenues, that it is impossible to collect as much VAT from Poles in 2024. Still, you put it in the budget. You cheated Poles due to the fact that you knew that there would be no specified VAT revenues.
This budget was a budget by the Law and Justice. erstwhile the Law and Justice established specified advanced VAT revenues, your politicians criticized it, they said it was impossible that there was no chance that VAT revenues would increase so much, then you took power and magically, wonderfully, as erstwhile you touched the magic wand, you considered that these advanced VAT revenues were realistic adequate to make it worthwhile
put them in the budget.
CIT gross will amount to PLN 58.5 billion, which is PLN 11.5 billion little than plannedmore than 16% little than expected. PIT revenues will amount to PLN 11.5 billion lessThat's over 10% little than planned. Why is CIT and PIT gross lower than expected? The answer can be found in the explanatory memorandum of the budgetary amendment. The reason is that gross profit of non-financial enterprises surveyed by the CSO decreased by more than 20%.
Only banks are good.. The financial consequence of the banks according to KNF will increase by 17%. This means that your economy is not well. Entrepreneurs are especially ill. Only banks are good, which is another signal that you don't gotta lobby for 0% credit so as to make your pockets even more full of developers and banks, due to the fact that they are already much better off than the remainder of the entrepreneurs.
If you add all this, no gross from the NBP, no taxation revenue, it turns out that You were incorrect about PLN 56 billion. This is simply a immense amount. They're not tiny change that you can't see.
For PLN 56 billion we could buy 500 Abrams tanks, we could build 2 completely fresh A1 motorways, we could build half a atomic power plant. It's not a small, negligible amount. It's immense money.
In conclusion, the budget needs to be revised for 3 reasons.
The first is that You put the proceeds from the NBP in the budget, and you knew they wouldn't be there..
The another is that You have entered into it unrealistically advanced VAT revenuesAnd you knew that they were unrealistically high, that they wouldn't be there.
The 3rd reason: under your rule, entrepreneurs simply do not manage. Slaughtering Polish entrepreneurs.
You promised the Polish business voluntary ZUS, promised a lower wellness contribution, promised a lower taxation on Belka, simplified regulations and taxes. You didn't make any of this work. The Law simplifying taxation law has not yet entered the Sejm. We inactive do not know whether or how taxes are to change in 2025.
In late August, Deputy Minister Neneman threatened to rise taxation for programmers that he would taxation household foundations. He increased uncertainty in the Polish business. There were announcements, and the bill's not here until now. The year is coming to an end, and we don't know if you're going to change taxation laws at the last minute or not.
Moreover, entrepreneurs inactive have the worst taxation strategy in the European Union. We have an unbearable bureaucracy. We have more and more regulations to follow. In addition, you have added the highest energy prices across the European Union and the fall in competitiveness caused by green governance, which you support.
You gotta realize that entrepreneurs produce GDP, build the economy, make jobs. We must take care of Polish business, we must not treat entrepreneurs as you do. Unfortunately, you're not focused on business, you're just treating business as an ATM to get money out of it. You keep putting your hands in someone's pocket due to the fact that you're moving out of money.
You're only curious in polling posts. You're only curious in the war with the PiS.. You even usage your budget to spread your propaganda. The budget should not be utilized for propaganda. This is besides crucial a paper to compose in nonsense just to keep the real deficit from Poles for a moment.
We gotta halt this budget treatment. It's about time for a serious country.
