The president of the Community of Madrid

Isabel Díaz Ayuso

has branded as

"false and hypocritical"

the argument used by the Lehendakari

Iñigo Urkullu about Madrid's alleged 'fiscal dumping'

as an instrument to attract investment. Díaz Ayuso has won over almost 200 Basque businessmen and managers gathered in Vitoria with their economic model of eliminating taxes such as Patrimony or Inheritance and lowering personal income tax.An intervention in a Vitorian hotel that has been carried

out without incident

despite the

threats made by radical groups

for the presence of the "far right" Ayuso in the Basque Country.

The appearance of Díaz Ayuso has responded to the enormous expectation generated in Euskadi when the Basque Parliament discusses measures to counteract

the new economic recession

and Basque businessmen finalize tax proposals with which to counteract their situation, in many cases, agonizing.

The president of

Petronor Emiliano Pérez Atxurra

, the president of

Aernnova Iñaki López Gandasegui

, the general director of the

Mercedes plant in Vitoria Emilio Titos

and the president of

SEA Empresarios Alaveses Pascal Gómez

have been some of the representatives of the Basque economy who have attended to listen to the socio-economic "decalogue" of the Madrid president in her first public act in Euskadi.

"We

are on the right track", Díaz Ayuso assured the guests at the event organized by the PP on the economic recovery of Madrid.

The president has not only insisted on the effectiveness of the formula of

"fair taxes" with "austerity in public spending",

but she has also compared both fiscal data and the economic evolution between Madrid and the Basque Country in recent years.

Díaz Ayuso has warned that the

minimum rate applied to personal income tax

in Madrid is five points lower than the one that the Basque Country, taking advantage of the

Economic Agreement

, applies to its taxpayers and the maximum rate is also lower by 4 points on which they pay Basques with higher payrolls.

In addition, the Madrid president has warned that her community has reduced the debt during the last year by 0.6% while Euskadi has increased it by 3.6%.

Ayuso, who has avoided direct criticism of the policies promoted by the PNV that governs Euskadi together with the Basque PSOE, has shown herself willing to "help" Basque businessmen with her economic model after verifying that in her community they have

created in

recent years 50,000 companies

while

in Euskadi 16,000 have disappeared

.

"The Basque Country is as much mine as Madrid is everyone's"

, she has assured in one of the winks to defend the unity of Spain.

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  • Vitoria-Gasteiz

  • personal income tax

  • PSOE

  • GNP

  • PP

  • Inigo Urkullu

  • Madrid's community