Madrid is no longer alone

Juan José Moreno Bonilla stood for his first elections as a candidate for the Junta de Andalucía in December 2018 with a few acronyms under his arm.

Thomas Osborne
Thomas Osborne
19 September 2022 Monday 19:34
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Madrid is no longer alone

Juan José Moreno Bonilla stood for his first elections as a candidate for the Junta de Andalucía in December 2018 with a few acronyms under his arm. He called them BMI. Or what was the same: Massive Tax Cut. He managed to agree with Ciudadanos, rise to the presidency of the government and, a year later, reduced the inheritance tax to almost zero. Many raised their hands to their heads, but with his decision he managed to attract thousands of new taxpayers who generated greater economic activity in the community and, therefore, an increase in personal income tax. Between one thing and another, Andalusia came out on top: revenue increased and more jobs were created.

Now he wants to repeat the experience in a big way. And she doesn't hide. He took advantage of an act in Madrid of colleagues from the Joly Group and announced that he will now abolish the wealth tax in Andalusia to attract taxpayers from other communities, especially Catalans. Moreno Bonilla used a study by which many businessmen registered in Catalonia would be tempted to leave this community due to the large amount of taxes they pay. In his opinion, they do not take the step of going to Madrid, which was the first community to eliminate the wealth tax, because the capital rejects them. For Moreno Bonilla, the Mediterranean environment and the good communications between Andalusia and Catalonia could encourage them to make the change.

The Andalusian president's ordeal, which is added to that of Isabel Díaz Ayuso, should serve as a minimum for the Government of Pere Aragonès to reflect on its tax policy. A few days ago we reported that 45% of the wealth tax collected in Spain is paid by Catalan taxpayers. The committee of experts on tax reform, dependent on the Treasury, recommends harmonizing taxes on wealth, with a minimum rate. Aragonès is not for the job, as he recently said in Foros de Vanguardia, but within his government, his Junts partners would be in favor of a tax reduction, as was revealed in his congress. Perhaps it would be worthwhile for the part of the Govern de Esquerra to reflect. Now it is just a problem in Madrid.