: :inin Kyiv (EET)

Poland Waives Tax for Young Employees to Counter Brain Drain


Poland on Thursday scrapped its personal income tax for young employees earning less than $22,000 a year, as part of a drive to reverse a brain drain and demographic decline that’s dimming the prospects of a country that is otherwise experiencing strong economic growth.A new law by the right-wing government took effect Thursday, slashing the personal income tax from 18 percent to zero for workers under the age of 26 below the income threshold. It is expected to boost the earnings of nearly 2 million Poles at home, and the government hopes it will also persuade young Poles working abroad …read more

Source: Voice of America

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