The government has reached the maximum of its indignity due to its confiscatory desire, which leads it day after day to increase taxes or create new ones.
Thus, after renouncing the tax on energy companies at the request of its partners, who saw how Repsol was going to make investments outside Spain, including some in Catalonia, it implemented other measures which will only contribute to further stifling citizens.
In this way, it maintains the bank tax. As I said the other day, this tax is another aberration; Now this tax will apply to interest and commissions, so it will be customers and the economy as a whole that will be harmed, because there will be repercussions. In principle, it will be in force until 2028, but the risk that it will be maintained is high.
In addition, they established the effective minimum rate of 15% for the corporate tax, while legislating to be able to collect the part of the corporate tax that the Supreme Court overturned, and they increased by a point the tax on capital income, as of 300,000 euros and have increased the tax on diesel.
In other words, Sánchez, with his false refrain that repeats that we pay less taxes than the EU average – if we have less budgetary pressure, it is because of the increase in nominal GDP due to inflation and the extraordinary revisions that made it increase, and not because they receive little taxes. If we look at the tax effort, that is, the tax pressure in relation to GDP per capita, we see that the effort that the Spanish make to pay their taxes is one of the highest in the EU .
Increasing taxes to infinity stifles an economy, expels investments, raises entry barriers for new investments, which it scares away, since any foreign company that had planned to invest in Spain reconsiders it due to populism existing tax system, and ultimately leads to destruction. jobs.
Friedman already said it: taxes go “from the cradle to the grave”, and Sánchez uses tax regulations extensively to defraud citizens, always under the pretext of social spending, even if he uses them, in large part, for many unnecessary expenses. and unproductive.
However, what is disgusting about all this is that the government refused to suspend the plenary session where these measures were debated, as well as the decree which completely gives control of FTE to the government and its many partners, when it should have been postponed, with the enormous tragedy that occurred in Valencia, where dozens of people died and many others lost everything they had.
Well no, Sánchez, just in case, runs to apply these tax increases, thanks to which he will obtain more resources from all Spaniards, including those affected by this tragedy. This shows his moral position, or rather confirms it.
On the other hand, with everything judicially known, what happened over the past six years seems clearer every day, especially during the pandemic, where it seems that some heartless people took advantage of the coronavirus to allegedly commit crimes. And these heartless people have first and last names. In short, a tax increase harmful to the economy and repugnant, by its forms, in general terms.
