The VAT on the electricity bill rises to 21% from March 1. The Government does not have any plan or measure to avoid this rebound.
The Treasury's refusal to adapt the income tax to inflation has caused the working middle class to have registered a double punishment, writes Daniel Viana. But even with these increases, there is no doubt that the Executive has applied important tax cuts, especially in indirect taxes. "The highest in history," according to the Ministry of Finance. Since 2021, the total tax cuts reach " 25,000 million for both citizens and companies," says María Jesús Montero.