HEROIC: Poland Scarps Income Tax for 2 Million Young Workers

Now, this is a trend that I would like to see expand in all kinds of directions and go global.

A new law has gone into effect in Poland which scraps the income tax for roughly 2 million young workers in the country, reports CNN.

Poles under the age of 26 who earn less than 85,528 Polish zloty ($22,547) a year are now exempt from the country's 18% income tax as of August 1. Notes CNN, the allowance is generous, considering the average Polish salary stands at just below 60,000 zloty ($15,700) a year.

The government said 2 million people will qualify for the benefit.

When Poland and seven other central and Eastern European countries joined the European Union in 2004, its citizens gained the right to work across the bloc without the need for a work permit or visa.
When advocating for the new law in the parliament, Poland's Prime Minister Mateusz Morawiecki said 1.7 million people left Poland in the past 15 years. "It's as if the entire city of Warsaw left ... it's a gigantic loss," he said.

-RW