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Government taxes as a symbol of envy

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Government taxes as a symbol of envy

No one doubts that to maintain essential public services and redistribute income and wealth that guarantee assistance and equal opportunities, taxes are necessary. Now some clear, fair and non-excessive taxeswhich are used to finance a limited expenditure, and not an infinite and clientelist expenditure.

However, The government is not focusing on core issues citizens, but instead attempts to form an economy based on two destructive pillars: subsidy and envy. To do this, it establishes confiscatory taxes, because it needs enormous resources to distribute subsidies to try to maintain a captive vote, an element which impoverishes a society, because it subjugates it; and some demagogic taxes, to satisfy the desire of the most voracious and envious left, although they have almost no collection power, like those of banks or energy companies, which also cause damage to the economy , since investments will soar.

The Government has no other economic policy than the one it follows, wrongly, increase spending exponentially and confiscate raise taxes. He has increased taxes every year and if he has not done so in any of them it is because he has not obtained the support of Parliament, but that is his obsession: to force the taxpayers to continue spending inefficiently and wastefully, with vast amounts of waste.

In the absurdity experienced last week with the negotiation of the tax package, we see that the government has neither principles nor economic policy, beyond what it means to resist, to gain more time in the blue bank, seasoning all this with doses of envy in the form of taxes and embarrassment in the negotiation, in which each group was told one thing and Brussels another.

In this negotiation he leaves aside the tax on energy companies, but promises Podemos to articulate it through another RDL that Junts does not seem to support, while the energy companies warn that if this comes true it will take away from them their investments.

And in the case of the bank tax, we can only speak of demagoguery in the choice of this tax; even greater demagoguery in the attempt to pass on the ban to customers, while banks would only ensure compliance with banking regulations which require them to maintain high solvency; and of great irresponsibility to want to apply a measure which could undermine both the aforementioned bank solvency, key to the market economy system that we have, and the volume of credit that they can grant, which would harm to the transmission of credit to the productive economy. , with its negative repercussions on growth and employment and which would end up interfering in the powers of the European Central Bank, by affecting the transmission of monetary policy, the exclusive competence of the issuing bank. Now this tax will apply to interest and commissions, so the losers will be customers and the economy as a whole, as there will be repercussions. In principle, it will be in force until 2028, but the risk that it will be maintained is high. In a new twist, they are increasing the tax for the highest bracket by one point. The bank has already expressed its opposition.

All of this will have an impact on customers in all sectors affected by the increases and, therefore, on the entire sector. economydestroying wealth and jobs. Pure socialism, like that of Sánchez, extremist, envious, forgive the layoffs, always ends in prosperity, and this is a clear example.

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