Díaz proposes a "structural, deep and comprehensive" tax reform

The Vice President of Labor and Sumar candidate, Yolanda Díaz, today announced a "structural, deep and comprehensive" tax reform, although with hardly any specificity of the exact measures.

Oliver Thansan
Oliver Thansan
21 June 2023 Wednesday 16:25
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Díaz proposes a "structural, deep and comprehensive" tax reform

The Vice President of Labor and Sumar candidate, Yolanda Díaz, today announced a "structural, deep and comprehensive" tax reform, although with hardly any specificity of the exact measures. Within the framework of the APIE seminar at the UIMP in Santander, politics has ensured that "the debate is not about raising or lowering taxes but about eliminating privileges." In her opinion, "the Spanish tax system is profoundly unfair."

On specific measures such as his wealth tax strategy, he has not given details. Nor about whether he would lower taxes. "The priorities are to increase fiscal progressivity through income," he declared.

Asked about the demand of the vice president Nadia Calviño to the banks to raise the remuneration of deposits, Díaz has answered that it is necessary to focus on mortgages and has recalled his proposal made a few days ago to launch a bonus so that those with mortgages at a fixed rate can cope with increases in installments. The proposal -which would cost 1,000 million and would be financed with the bank tax- would be 1,000 euros per person for mortgages of up to 250,000 euros and a minimum of 10 years.

In question time, he once again defended the need to launch an observatory of business margins. In his opinion, it is profits and not wages that contribute to the increase in prices.

In the colloquium, Díaz has shown himself in favor of changing the way in which parliamentary debates are carried out in these elections: "the Spain of two men debating has passed," he said. Díaz has defended her party's proposal to confront different ideas.

Díaz, has claimed the increases in the interprofessional minimum wage (SMI) and has indicated that the President of the Government and leader of the PSOE, Pedro Sánchez, "has fallen short" with his proposal to guarantee by law the rise of the SMI to 60% of the average wage.