The first vice president of the Government,

Nadia Calviño,

torpedoed the tax incentive announced by the president of the Community of Madrid,

Isabel Díaz Ayuso

, to attract foreign investment.

In statements to Radio Nacional de España, the vice president has described the deduction of 20% in Personal Income Tax (IRPF) for foreign investors who come to reside in Madrid as a

"smokescreen"

to "not talk of other subjects".

Calviño has also been critical of attracting Latin American investment to Madrid, which, according to what the regional Finance Minister, Javier Fernández-Lasquetty, declares to EL MUNDO, is an objective of this measure.

The vice president has stated that looking for

"Latin American millionaires"

is a measure that "qualifies itself."

She contrasts her reproach with the effort that the central government itself claims to be making to attract investment from Latin American countries in President

Pedro Sánchez

's trips to the region and the protection approved for companies owned by Venezuelan fortunes such as the Plus Ultra airline.

However, the vice president has shown no willingness to take action against the new regional tax incentive.

For the vice president, this Madrid tax incentive - "the largest that has been done in Spain", according to Lasquetty - is only to avoid "talking about other issues."

According to Calviño, the important thing is

"the Government of Madrid is dismantling Health and public education

. There are not enough places for professional training or schooling. We are all seeing what happens with primary care."

For her part, Isabel Díaz Ayuso has replied immediately.

In an intervention at the PP conference in Madrid in Las Rozas, she described Calviño's statements as being

"the result of sectarianism, irresponsibility and a lack of information"

from the Government.

And she has questioned, according to Efe, what problem the central government has "with the so-called Latin Americans, Argentines, Colombians, Peruvians, Venezuelans and Cubans who flee from its policies."

"Yesterday (the President of the Government)

Pedro Sánchez

had the opportunity in front of Latin American investors to call them rich and I did not see him as brave," Díaz Ayuso stressed.

In any case, he has pointed out that his fiscal measures are not only for rich Latin Americans, but investors "from the entire world."

Regarding the increase in the Minimum Interprofessional Wage, the first vice president continues without revealing how much it will rise in 2023 and insists on offering that it be negotiated within "an income agreement".

"Not only the SMI also has to raise all salaries," she stated in the aforementioned interview on RNE.

"We are working with the social agents to see where this good balance is, both in the rise of the SMI and in a possible income agreement

that would be very positive because it would give workers, companies and investors a lot of confidence."

Regarding how much wages should rise in general, she has stated that "it depends on the evolution of each sector".

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