“I live the way I live my life”
Karol “Friz” Wiśniewski in Money.pl under the title “Business Class Young” took up the subject of utilizing the household foundation as a form of investment. This legal institution, established in 2023, does not service to conduct business, but allows to multiply assets, among others, through investments in shares.
Youtuber described the foundation as a long-term investment tool, while maintaining a unchangeable lifestyle funded by comparatively tiny current expenditures, while the remaining funds were allocated to the investment "game".
As Wiśniewski himself admitted:
I'm getting all those excels, taxes. There's a reason why I opened a household foundation, where you're exempt from any capital gains tax, so all sales and acquisitions of shares are happening on my foundation, where I don't pay any taxation on what I'm gonna make out of this stock sale. And it's great. And that kind of thing turns me on, that's my thing too Youtube.
‘Taxes are for plebs’
The video with the online creator did not escape the attention of Adrian Zandberg, who decided to make a material punctuating the author's statement.
Mr. Frizie, thanks for your honesty, have you always heard of household foundations? This is complete pathology. It's not a foundation, it's a family, it's actually a tool for rich people to avoid paying taxes. A fewer years ago, the writers pushed it through the Sejm. They were helped by the Platform, helped by the Confederate, and only the organization Together voted against.
Zandberg further stated that he and his group had already tried to explain the weaknesses of household foundations, but nobody seemed to perceive to them at the time.
When we warned what it would end with, erstwhile we said it would end up being utilized by rich people to avoid paying taxes, they just shruged their arms Zandberg confessed. – And as it is, everyone sees. Friz has a household foundation, Mentzen has a household foundation, many businessmen have made household foundations. due to the fact that taxes are for the plebs. Taxes are to be paid by you, not them.
It is worth explaining at this point that the foundation of Sławomir Mentzen is linked to his business activity and has a crucial stake in Mentzen SA. The institution of the household foundation in this context was late criticized by Poland 2050, which indicated that the policy could save over PLN 2.8 million in 2024.
