These are new government measures to control inflation.

Head of Government Pedro Sánchez made a statement. New package of measures to limit the current rise in inflation. The Director’s plan is to create two new extraordinary taxes, one for major financial institutions and one for energy companies. For scholarship students, a transport card or a ‘plus’ of 100 Euros until the end of the year.

Collect more from those who earn more with inflation, help those who pay more and spend less. That’s the plan for the new measures the executive leader listed in his speech to Congress this Tuesday. The state will increase its aid for incentives use of public transport as the price of gasoline rises. If the government announced a 50% discount on transport passes in the first package of measures, now Raise your bet up to 100%. So between 1 September and 31 December all these tickets for a few Renfe commuters, ‘rodalie’ and mid-distance travel Free. This measure adds to the 30% discount on subscriptions to the rest of urban and metropolitan transport, which autonomous communities can complete up to 50% or 60%.

Another group that will benefit from the new measures is Students over the age of 16 receiving government scholarships. They will see the same increase over the next three months. -From September to December- 100 Euro per month. The administrator calculates that approximately one million scholarship recipients will benefit from this measure.

The manager aims to attack the extra benefits that industries such as banking or energy derive from the current crisis. The price of money is rising, and the rates that central banks—both the European and the Fed—set or enforce rise. increases the revenues of banking institutions in this way. Therefore, Sánchez announced the creation of a temporary tax for banks that will be valid for 2 years and will provide the State with a total of $1,500 million per year.

As demanded by government partner United We Can, Sánchez has also advanced the imposition of a temporary tax on large energy companies that profit from the current rise in the cost of electricity or gas. This will go into effect in 2023 and 2024 to tax dividends and profit distribution for the years 2022-2023. With this, Admin plans to enter about 2,000 million a year.

Source: Informacion

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