Díaz demands to make taxes and energy taxes permanent

Temporary taxes on banking and energy are closer to becoming permanent.

Oliver Thansan
Oliver Thansan
19 October 2023 Thursday 11:30
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Díaz demands to make taxes and energy taxes permanent

Temporary taxes on banking and energy are closer to becoming permanent. This is, at least, one of the main conditions that the acting vice-president of Labor, Yolanda Díaz, has put in place to support the investiture of Pedro Sánchez. "As a result of the rate hike, there has been the largest transfer of income from families to financial institutions" in history, the Sumar leader said in Barcelona to justify the need for banks to continue paying a specific tax more beyond the initial two years that were announced.

He said this at a press conference held in Barcelona during work days in the framework of Spain's European presidency, in which he criticized that just when inflation is harming families the most, the bank achieves very voluminous results. Just yesterday, the presentation of third quarter sector profits began with Bankinter, which earned 59% more in the first nine months of the year, despite the fact that it has already paid the corresponding tax for this year.

The vice-president did not want to specify whether they were also negotiating a tightening of these taxes. What he did want to make clear is that the PSOE's proposal is to evaluate its operation in 2024 after two years of application to determine its continuity. This evaluation position is the same that the PP maintained during the electoral campaign of the general elections. "Today the Socialist Party does not accept our proposal", according to Díaz.

Yesterday, the bank employers ruled out evaluating the vice president's request. Who did react was Antonio Garamendi, president of the CEOE employer. The head of the employers pointed out that it would be a "mistake" to make the tax permanent, reports Europa Press. In his opinion, what the bank needs is not to take away its solvency, but "quite the opposite".

The vice president Yolanda Díaz also warned that the high profits of the bank occur at a time when the sector in general continues to not repay the deposits of retail customers. The vice-president had dinner yesterday in Barcelona with representatives of the employer Foment, with whom she analyzed the political situation in Spain.

In the same press conference, the Commissioner for Employment, Nicolas Schmit, in the presence of Díaz, praised some of the proposals of the Central Government in labor matters, although he also pointed out some points that must be improved in the labor market in Spain. Among the latter, the high unemployment rate stood out and, at the same time, the difficulty in finding some profiles on the part of companies. In his opinion, the "structural difficulties" that the Spanish labor market has come from the financial crisis of 2008, which multiplied unemployment, especially among young people.