Tusk wants bank tax

3rd September 2010

Prime Minister Donald Tusk is considering launching a form of bank tax based on a system already in place in the UK.

Tusk said that the proposition would be moderate in such a way that it wouldn’t threaten the banks’ stability, be safe for customers, and would be “very well thought out”.

He pointed out that the Law and Justice’s (PiS) party proposed an idea to tax banks in order to raise PLN 7.1 bln, a move that would replace the current government’s proposed VAT hike. “We will not tax transactions nor loot the banks only because the opposition came up with such an idea,” he said.

Meanwhile, the president of The Polish Bank Association (ZBP) Krzysztof Pietraszkiewic ...