In Spain, the “tax war” rages between the left and the right

The question of taxes monopolizes political debates in Spain, where the inflation rate reached 10.5% in August. The daily ABC, reference title of the conservative Spanish press, even goes so far as to mention a “tax war” between the left-wing government coalition and the main opposition party, the People’s Party (right).

On Monday 26 September, the Socialist Minister of Finance, María Jesús Montero, assured that she will present “in the next few days” new tax measures to respond to the current crisis. These measures should modify tax rates already in force, be temporary, and some will be included in the draft general state budget.

As reminded ABC, the Spanish executive was already thinking about a tax on the great Spanish fortunes – old idea of ​​the radical left party Podemos, it should concern 1% of taxable citizens


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