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Poland's Parliament adopting a 70% severance tax of departing state company bosses


Polonius3 994 | 12,367
25 Nov 2015 #1
The Interia business website has reported the Sejm adopting a 70% tax on the severance packets of departing state company bosses. That area had been full of abuses wtih exaggeratedly high severance pay paid out to state-tresasury company bosses. PiS had called for a 65% tax and surprisngly all the Sejm's political parties agreed in principle but thought that was too low and upped the ante to 70%. Indeed a rare display of inter-party cooperation!

biznes.interia.pl/podatki/news/sejm-za-70-proc-podatkiem-od-odpraw-dla-prezesow,2208672,4211
delphiandomine 88 | 18,163
25 Nov 2015 #2
If I understand this right, it applies to any company in which the state (being any unit of the state, such as local government or national government) owns a majority of shares?
OP Polonius3 994 | 12,367
26 Nov 2015 #3
applies to any company

Not sure. The Polish is "spółki skarbu państwa" (state treasury companies).
Borsukrates 5 | 131
6 Jan 2016 #4
This could easily be a plan to get former people out. Leave before the law comes into force, don't face the consequences. Inspired by Hungary, they're planning something like this for judges.
mafketis 36 | 10,707
6 Jan 2016 #5
The Interia business website has reported the Sejm adopting a 70% tax on the severance packets of departing state company bosses

What's to prevent people from simply negotiating severance packages that take the new tax into account?
OP Polonius3 994 | 12,367
6 Jan 2016 #6
What's to prevent people

Trying to outfox someone is nothing new. That would mean that self-interest takes precedence over the common good. To prevent such abuses and ensure greater transparency those procedures would need to be closely monitored. But that would entail extra cost, so the greed of departing company bosses would harm the ordinary taxpayer.
mafketis 36 | 10,707
6 Jan 2016 #7
That would mean that self-interest takes precedence over the common good

Well, that's usually what happens everywhere in the world....

Informed policy takes that into account rather than go for simplistic "feel good" legislation that's liable to have very different effects than those intended.
Roger5 1 | 1,448
6 Jan 2016 #8
That would mean that self-interest takes precedence over the common good.

Isn't that the main pillar of Capitalism? You condemn communists where you see them (in PO but not in PiS) but advocate socialism. You condemn capitalists but are a proud American. You can't have it both ways. Don't get me wrong, Pol. I'm a dyed in the wool left-wing social democrat and abhor the banksters, but I understand that human greed is a great motivator.
OP Polonius3 994 | 12,367
6 Jan 2016 #9
The Polish constitution speaks of a social market economy which is not cut-throat captilaism. The late Cardinal Wyszyński, an expert of Marxism and captialism, advocated a third road but the commies never let him develop it.

At least if Poland had developed a vibrant entrepreneurial class, Poles would have been ripped off by domestic exploiters but at least most of the proftis would have remained at home. As it is they are channelled to Berlin. New York, Brussels, Paris, Lisbon, Madrid or wherever.
mafketis 36 | 10,707
6 Jan 2016 #10
The Polish constitution speaks of a social market economy which is not cut-throat captilaism

You mean the same constitution that the current government is violating?
OP Polonius3 994 | 12,367
7 Jan 2016 #11
same constitution

So far there is no other constitution than the one Tusk violated by serving foreign interests rather than his own country. But only the foreign interests provided generous kickbacks, so his conduct at least was understandbale if not commendable.
delphiandomine 88 | 18,163
7 Jan 2016 #12
So far there is no other constitution than the one Tusk violated by serving foreign interests rather than his own country.

Hmm, yet you're happy for PiS to serve their Russian masters instead?
Wulkan - | 3,203
7 Jan 2016 #13
No, PiS has nothing to do with Russia.
delphiandomine 88 | 18,163
7 Jan 2016 #14
Pull the other one. The appointment of many PZPR appratchiks to high positions, the deals done by PiS in favour of Russia, the hostile relations with the rest of the EU - all of this points at PiS being very much in cahoots with Russia.
Ironside 53 | 12,366
7 Jan 2016 #15
The appointment of many PZPR appratchiks

Name one or admit you are taking out of your fat behind.
delphiandomine 88 | 18,163
7 Jan 2016 #16
Piotrowicz. A man that willingly did the business for the PZPR and the Soviets.
Ironside 53 | 12,366
7 Jan 2016 #17
Piotrowicz.

PZPR appratchiks you said i.e. full time professional functionary of the Communist Party or sombody who due to being a member of PZPR have been nominated on a certain position. In his case and in similar cases they got qualifications and their job first and then they have been offered PZPR membership, obligatory membership to some extend.

In summary you can't call him an apparatchik.

Generally you claim is language and have been refuted already on PF.
delphiandomine 88 | 18,163
7 Jan 2016 #18
In his case and in similar cases they got qualifications and their job first and then they have been offered PZPR membership, obligatory membership to some extend.

Of course they got the job and qualifications first. I mean, those entering law school and then following the post-diploma path of becoming a prosecutor most definitely did that first before they even got in touch with the PZPR. Are you seriously that naive, Ironside?

It amazes me that despite all the anti-communist rhetoric, you're very happy to ignore it when it suits you. We're just waiting for you to brand the opposition "fascists" and we'll know exactly where we stand.
Ironside 53 | 12,366
7 Jan 2016 #19
It amazes me that despite all the anti-communist rhetoric, you're very happy to ignore it when it suits you

I'm simply against you cherry picking on PiS for something that is much more prevalent in PO. Your credibility equals zero just because you are blind to ex-PZPR members in the ranks and file of PO while at the same time you are making a lot of assumption and allegation basing it on the sole dude Piotrowicz. Stop that idiotic propaganda.

As to what you implying about me, you should know by now that it only make me chuckle when you or Harry are getting personal or as that clown say - ad hominem.
delphiandomine 88 | 18,163
7 Jan 2016 #20
I'm simply against you cherry picking on PiS for something that is much more prevalent in PO.

But I couldn't care less about PO. Why would I? They didn't claim to be anti-communist, nor are they rabidly supported by people like you who proclaim themselves to be anti-communist. Your hypocrisy is breathtaking - it seems that you're only against ex-PZPR members belonging to opposition parties, but you support them belonging to PiS.

Your credibility equals zero just because you are blind to ex-PZPR members in the ranks and file of PO while at the same time you are making a lot of assumption and allegation basing it on the sole dude Piotrowicz.

Sole dude?

There are plenty of others. The new boss of PKN Orlen for a start.

As to what you implying about me, you should know by now that it only make me chuckle when you or Harry are getting personal or as that clown say - ad hominem.

I'm implying nothing, though for you to react to nothing suggests that there's something there that you're not proud of.
Ironside 53 | 12,366
7 Jan 2016 #21
But I couldn't care less about PO. Why would I? They didn't claim to be anti-communist

Depend when? In the first run as a party they did.
Anyway would you be able to provide us with a quote form PiS program or their political platform in the last election that states anti-communism as an point in their program?

If not stop brining that up. Anyway what do you exactly mean by anti-communism? You need to b e precise otherwise your babbling is meaningless.

Your hypocrisy is breathtaking - it seems that you're only against ex-PZPR members belonging to opposition parties, but you support them belonging to PiS.

No, I'm against you distorting reality as ex-party members are not issue and if anything they are members of any given party in today Poland, PiS doesn't have monopoly on that. At lest those people in PiS weren't prominent, controversial or snitches like in PO for example.

I'm implying nothing, though for you to react to nothing suggests that there's something there that you're not proud of.

lol!


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