Madrid (EFE).- The Minister of Finance, María Jesús Montero, advanced this Thursday that “the government is working” on the possibility of creating a new temporary tax for large fortunes, in accordance with the proposal of United We Can and that She would take effect on January 1, 2023.

Speaking to the media in the halls of Congress, Montero defended the need to “demand a greater effort” from those with extraordinary advantages, such as energy companies, and from “higher incomes”.Montero avoided giving details of the possible future tax, because “technicians must be allowed to work”, but he stressed that it would be temporary – just like the taxes on energy companies and banks, which will be in effect for two years.

The new tax would come into force on January 1, 2023

The Minister of Finance, María Jesús Montero, at the plenary session of the Congreso'us Monterñu's vciend
The Minister of Finance, María Jesús Montero, in the plenary session of the Congress. EFE/JJ Guillen

The minister also showed her intention for the tax to be in effect early next year, although “the treatment will have to be seen”, and she did not reveal whether it will be included in 2023 budgets.

This tax would be different from the current wealth tax, which is levied on assets over 700,000 euros -excluding 300,000 euros of habitual residence-, transferred to the autonomous communities and that Madrid (and soon Andalusia and Murcia) fully subsidized.

Web edition: Rosa Corona

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