• Ayuso Politics: "Asking a communist to understand economics is like asking a Neanderthal to understand the internet"

The planned script has been fulfilled to the letter and the Madrid Assembly has approved this Thursday a reduction of half a point in the autonomous section of personal income tax for all taxpayers, which together will save about 334 million euros a year.

The measure will come

into effect on January 1

and will be noted in the income statement filed in 2023.

Nor have there been any surprises in the previous parliamentary debate. Once again the

deep ideological differences

in tax matters between the right and the left have been exposed, where they oppose generalized reductions such as the one proposed by the Government of the

popular

Isabel Díaz Ayuso and supported by Vox.

The Minister of Economy and Finance,

Javier Fernández-Lasquetty

, has anticipated criticism by pointing out that "tax fanatics" would say that lowering them will collect less. «False», has contrasted the person in charge of the regional accounts lengthening the

a

to give more packaging to his statement, which he has then reinforced with the data of the increase in regional income that they left in the four previous drops: 358 million euros in 2007 , 126 in 2014, 573 in 2015 and 946 in 2018.

The thesis of the

PP

, in line with liberal policies, is that rebates increase consumption, savings and investment and this helps to "strengthen the business structure, encourage economic dynamism and boost the attraction of capital", which ends for generating more income through taxation.

In

Más Madrid

, on the other hand, they argue that it is a "lie" that there is not a drop in collection, since the 334 million that citizens do not pay will be stopped from entering. Likewise, the deputy

Eduardo Gutiérrez

has criticized that those who charge less are only going to notice "a

drop

of a few euros" while the measure benefits the highest incomes in a greater proportion: "Then they will do mathematical games of these trileros saying that in Relative terms are lowered very little to the rich ”.

From the ranks of the

PSOE they

have reproached Ayuso that "you cannot lower taxes and be permanently asking the rest of the Spanish to pay these taxes", alluding to the president's complaints of the "unfair treatment" that the region receives in the regional financing. The parliamentarian

Fernando Fernández Lara

has also announced that his group will present an appeal before the processing of this measure by the urgency route with the single reading procedure that has "stolen" from the parties that represent one and a half million voters the possibility to submit amendments.

And, along the same lines,

Sol Sánchez

has indicated on behalf of United We Can that Madrid insists on "

fiscal

dumping

" with an "indiscriminate reduction that increases regressivity." "It will mean a saving of 20 euros for the majority of Madrilenians while it greatly benefits well-filled pockets," he exemplified.

On the other hand,

Vox

has already applauded and supported the reduction of personal income tax and has urged Ayuso to go further by following "the example of Murcia" by reimbursing donations between uncles and nephews at 99%.

Likewise, the deputy

Ana Cuartero

has warned that her party will continue working "until achieving the homogeneity of personal income tax within Spain and a total exemption for contributory pensions because it is fair that those who have paid enough years to obtain it can benefit from this reduction." .

According to the criteria of The Trust Project

Know more

  • Personal income tax

  • Madrid

  • Isabel Diaz Ayuso

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