• Politics The PP will focus its opposition to the Botànic on fiscal policy with its own reform to lower taxes

The PP is clear that its opposition to the Valencian government of Ximo Puig must revolve in the coming months around a key issue: fiscal policy.

Since he became president of the party in July,

Carlos Mazón

has made it clear that his bet will be a generalized tax cut, precisely to show that the Valencian Community is today at the head of Spain in tax pressure.

So the

popular

leader

has revealed this Friday the first brushstrokes of what will be his tax reform proposal. "We are going to turn the Valencian Community into autonomy where

the lowest salaries will be those that pay the least in Spain,

" he said after a meeting with senators and deputies of the PPCV. The first promise, therefore, is aimed at reducing the personal income tax rate paid by the lowest incomes, leaving it at 9% instead of the current 10%. "It is the legal limit, we do not lower it any more because we cannot," said Mazón.

According to a report from the Registry of Tax Advisory Economists, the Valencian Community

leads the ranking of Spain when it comes to taxing high incomes

. In fact, for this 2021 taxes were raised with the creation of two new rates on the regional scale: 27.5% for incomes above 140,000 euros and 29.5% for those above 175,000 euros. The argument of the Consell: that those who have the most pay more.

However, that same report confirms that the Valencian Community is not the one that best deals with low incomes for tax purposes. It is, paradoxically,

Madrid, against which Puig has directed a good part of his attacks for benefiting from the capital effect

and being able to apply a policy of low taxes, causing in turn the so-called

tax

dumping

or unfair competition.

In parallel, in addition to the drop in rates, the PP proposes to increase up to 10%, for incomes below 50,000 euros, the personal minimum, going from 5,550 to 6,105 euros, which is the part of the net salary (taxable base) that it is not taxed to satisfy basic personal and family needs.

"It will reach up to 10% in the lowest incomes," Mazón has assured, which in practice will mean "savings of up to 31% in the tax reduction in the lowest incomes."

The calculations made by the party are as follows: a low salary of 15,000 euros would save 31.4% compared to what he pays today, going from 233 to 159 euros.

Or a young man with a total income of 14,225 euros, who today pays 51.68 euros, with the proposal of the PP he would not pay anything.

According to the criteria of The Trust Project

Know more

  • PP

  • Spain

  • Valencian Community

  • Ximo Puig

  • Personal income tax

  • Taxes

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