(CIANEWS) - On November 2, 2022, President Miloš Zeman vetoed the act on the state budget of the Czech Republic for 2022. He substantiated his decision by saying that the budget’s income side was lower than it could be if the submitted amendment to the act on the state budget for 2022 had been preceded by an amendment to the act on income tax. According to the president, the budget is thus based on a lower tax rate for incomes incurred by natural persons, which creates a budget deficit of CZK 90bn. Miloš Zeman added that when the super-gross wage was abolished, it was assumed that the tax rate in question would return to its original level. The submitter included this public commitment in the substantiation of the draft bill.