Tax revenues from the Treasury continue to skyrocket, and a good part of this situation is due to personal income tax.
The Personal Income Tax grows at a rate of 16% compared to last year,
it was already close to 100,000 million euros at the end of October
and, of course, it is the figure that contributes the most in the collection as a whole.
In this notable evolution there are two basic factors, which largely explain growth: the
working middle class
, who are the largest payers of personal income tax, and
, as the Tax Agency itself points out in its latest collection report.
In the first case, the wage increases that are already taking place in the face of high inflation result in a higher payment of taxes since the Government has repeatedly refused to adjust the personal income tax to prices.
Not even in the first sections and against the criteria of a good part of the economists, who affirm that not deflating the tax is a hidden tax increase.
The consequence of this is a double loss because wage increases are not at the level of inflation, and also workers have to pay more taxes.
In the case of pensions, the increase that benefits have registered is also boosting personal income tax income.
And to this, the Treasury also adds the creation of employment itself, which is the third factor that it points to to explain why the income from this tax
is already more than 92,000 million
and, almost certainly, will comfortably exceed 100,000 million per year. year end.
It will be an all-time high, of course.
The organization headed by Soledad Fernández also underlines the contribution of VAT, which is growing at rates of 17% and already exceeds the
75,000 million contributed
Inflation is also key to this evolution, as well as citizens' own consumption.
And if we add to all this that Societies are up 30% compared to last year and are almost at 30,000 million;
that Special taxes exceed 17,000 million;
and situations as striking as that taxes on Alcohol advance at rates of 30%, the result is that the tax collection as a whole already exceeds the data reached in the whole of last year by 10 months.
223,695 million, with which the estimate of
244,072 million for the year as a whole
that the Treasury included in the Budgets seems more than feasible.
In fact, it is not far from unreasonable that the final data exceeds 250,000 million and remains close to 260,000 million.
All these figures, in addition, will be pulverized next year, according to the estimate of the Ministry directed by María Jesús Montero.
Revenues will exceed those 260,000 million, with personal income tax reaching 113,000 million and VAT exceeding 85,000 million.
Returning to personal income tax, the historical tables of the Treasury show that the tax has skyrocketed in recent years despite the three crises that the country has suffered and, therefore, taxpayers.
In 2007, the last year before the financial crisis began to be felt, the collection for this figure was 72,000 million.
The data for October is already almost 30% higher than that, and at the end of the year it will exceed that barrier.
Going back a little further, it can be seen that in 15 years the figure paid by citizens in personal income tax has skyrocketed by 50%, and
since 2003 the figure has doubled
'Tobin' and 'Google' rate
On the other hand, what is not going at all as the government expected is the collection of the
tax and, in particular, the
The tax on financial transactions, which applies a rate of 0.2% to the purchase and sale of shares of Spanish companies with a capitalization of more than 1,000 million, barely collected 26 million in the first ten months of the year.
a pyrrhic 7%
of what was planned for the whole of the year, which amounted to 372 million.
In the same way, the tax on certain digital services - which taxes targeted online advertising, online intermediation services and the sale of data obtained from information provided by the user - had collected up to October 73 million,
32% of what planned
for the year (225 million) in the absence of the last quarterly payment, according to Efe.
According to the criteria of The Trust Project