There Is a Decision of the Sejm Regarding Fuels
8 Articles
8 Articles
The Sejm (lower chamber of the Polish Parliament) has passed a law for the second time on taxing the extraordinary profits of fuel companies. The levy is intended to finance the CPN program – "Lower Fuel Prices." President Karol Nawrocki referred a similar law to the Constitutional Tribunal in July.
The Sejm has re-passed a law introducing a tax on extraordinary profits of fuel companies. The government is making the implementation of the "CPN" program contingent on these provisions. Today, it is citing a lack of funding and criticizing the president for referring a similar bill to the Constitutional Tribunal.
Analysts believe the president's proposal to lower fuel prices (PKN) will have a negative impact on fuel companies. Importantly, it may also limit fuel imports to Poland.
PKN versus CPN. These three letters represent two completely different ideas for cheaper fuel, and another installment in the political dispute between the prime minister and the president. The government wants to tax the windfall profits of fuel companies and use the money to finance the Lower Fuel Prices program. The president proposes the complete opposite.
The Sejm has passed for the second time a law on taxing extraordinary profits of fuel companies.
For the second time, the Sejm passed a law introducing a tax on extraordinary profits of fuel companies. The money from the new tax is to finance the “Lower Fuel Prices” program. The previous law was referred to the Constitutional Court by President Karol Nawrocki.
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