Madrid, Sep 21 (EFE).- The Minister of Finance, María Jesús Montero, assured that the government is “exploring” a greater contribution from the “great fortunes” and also advocated the “harmonization” of certain regional taxes in the aim of avoiding a “tax race to the bottom”.

María Jesús Montero and Bolaños at the government control session
EFE/Juan Carlos Hidalgo

Speaking to journalists in Congress, Montero called for avoiding so-called “fiscal dumping”, after Andalusia announced the abolition of wealth tax, and he asked to do so by further harmonizing community-managed levies under the new funding model.

The Treasury could study, within the framework of the debate on the financing of the regions, the establishment of a range in the reduction of this tax, which can now reach 100%. The objective is that there is no “practical elimination of tax figures” because the territories with greater collection capacity “drag” the others with less, but refuse the recentralisation of taxes.

Montero warned that it is “dangerous for regional leaders to speak of paradise” – as the president of the Community of Madrid, Isabel Díaz Ayuso, has done – when it is something that is fought internationally and in Europe.

However, the Minister does not anticipate minimum ranges because currently the debate on the financing of the regions, which continues without agreement, focuses on the most basic distribution criteria such as population or dispersion.

Taxes on large fortunes

In addition, Montero pointed out that in “difficult times”, the government “is working” to ask “an effort” from those who consider “they are better placed to do so”, and after citing taxes on banks or energy companies, he pointed out that “they continue to explore this ability to contribute to the great wealth of our country, to the great fortune”.

Asked about this proposal from Podemos, she underlined that “it is not a question of some or others who are asking for it, it is a question of all the members of the Government who agree in saying that it is necessary ask a greater effort at this time from great fortunes”. , banks, energy companies”.

According to the Minister of Finance, two models have emerged: that of the PP, which according to her “defends electricians, oil companies, banks and the big fortunes” and that of the PSOE, which “demands an effort from those who have more so that we can support the middle and working classes.

Abolition of wealth tax in Andalusia

The abolition of the wealth tax in Andalusia only benefits 0.2% of taxpayers while sacrificing 120 million in collections for health, education or addiction, Montero pointed out.

Regarding the abolition of the wealth tax by José Luis Rodríguez Zapatero in 2008, he pointed out that at a “specific economic moment, certain tax policies may be proposed” and he wondered “at a time when we live, who can be against that the greatest wealth, that the greatest income, that those who have extraordinary advantages contribute more to the benefit of the middle classes of our country”.

According to Montero, it is not only a question of helping the most vulnerable, but also the middle class, which bears the greatest tax burden and supports the welfare state, and underlined that the support with scholarships, transport free or discounts on fuel, it does work in the direction that “those with more economic capacity contribute more”.

Web Edition: Pink

By admin

Leave a Reply

Your email address will not be published.