since he became president Andalusian GovernmentJuan Manuel Moreno Bonilla will announce the abolition of the wealth tax with a 100% bonus, just as the Treasury did. Community of Madrid For ten years, they have not stopped making announcements by various communities.
And they just PPAs in the case of Galicia or Murcia; but led by others socialists. After the Pedro Sánchez Government abolished the tax on the large fortunes of his United We Can (UP) partners, it was Valencia president Ximo Puig who gave the strongest response to the popular ones.
ANDALUSIA
The measure announced by the Moreno Bonilla Board, discount 100% wealth tax. As a result, the Andalusian government will stop inputting more than 93m euros. Another star attempt, deflation of the territorial division of the personal income tax rate In order not to be taxed more due to inflation, it increased by 4.3% in the first three income brackets. It would also increase the amounts exempted from the IRPF in the application of the personal and family minimum corresponding to the regional division by the same figure, by 4.3%, and abolish the water law.
MADRID
Community of Madrid came into effect last January Half-point reduction in all autonomous parts of the IRPF Y reduction in inheritance and gift tax adds deductions between siblings, uncles and nieces provided in the territorial part of the income tax, which, as explained, will benefit approximately 700,000 people from Madrid. you also announcedZero rate for new self-employed.
GALICIA
in Galicia will lower income tax According to Xunta president Alfonso Wheel, retroactively from 1 January 2022, this would mean a “savings” of 46 million euros for middle and low income earners, less than 35,000 euros in the next income statement. In turn, it provides a 25% bonus, up to 50% of the wealth tax, which is double what is available.
MURCIA
The Government of the Region of Murcia approved an agreement. General deduction in the first four parts of the autonomous part of the personal income tax (income up to 60.000 Euro). The decrease will be 4.1% “in line with the national evolution of wages”. According to the Murcian Executive’s calculations, deflation of the regional rate will benefit approximately 330,000 Murcians, who will save a total of about eight million euros in their 2022 income tax returns.
C. VALENCIAN
The socialist president of Valencia, Ximo Puig, has only in the territorial division of personal income tax. middle income and work up to 60,000 Euros. According to the regional manager, they make up 97.4% of Valencia’s taxpayers. This initiative, which interrupts the rhetoric of the Pedro Sánchez Government, is not about deflation. a new rate in the regional division. According to Puig, Valencia taxpayers will save a total of 150m euros, on average about 111 euros per declaration. Going increase the tax-free amount by 10% to all citizens, the maximum number permitted by law. This will benefit all taxpayers, but those whose income exceeds 60,000 euros will continue their tax efforts.
ASTURIA
The Principality’s Executor does not envisage significant changes in personal income tax, but interruptions in the regional division middle and low income.
NAVARRE
Also in Navarra, the regional government excludes major tax changes, although it chooses to improve. deductions from the autonomous part of personal income tax for medium and low incomes.
CASTILLA LA MANCHA
Castilla-La Mancha, run by socialist Emiliano Garcia-Page, may also be reading Tax deductions and direct assistance, but has not yet made a statement. Measures can be announced during the State of the Region discussion on 4-5 October.
ARAGOON
In Aragon, the movement initiated by the Valencian Community prompted consideration of the Executive Board, chaired by Javier Lambán. Fiscal policy is not an end in itself, but rather a tool at the service of a country model,” he argued and warned that with the current regional financing system, the delivery of public services would be “out of reach” and increasing costs.
RIOJA
In La Rioja, run by the socialist Concha Andreu, there is no change in personal income tax. “We’re not going to deflate because that’s not going to support top revenues, nor are we going to touch the Inheritance tax,” said Treasury Secretary Celso González. They also underline that it is the community with the least financial pressure.
BALEARIC
In the Balearic Islands, too, they are not betting on generalized tax breaks for now. Finance ‘advisor’ Rosario Sánchez ruled out this possibility: “Do you want a personal income tax deflation like in Andalusia, which affects the average taxpayer by 36 euros a year and forgives 0.02% of citizens? With an average of 5,500 euros a year? Or Isabel Díaz Ayuso ‘s proposal to donate 1,000 million euros to 0.03% of the population?
ESTREMADURA
Guillermo Fernández Vara, the socialist president of Extremadura, envisions a complex future for communities that choose to cut taxes. “I see with a smile what future meetings will look like to negotiate the financing model with autonomous communities that want to demand more resources and by what measures have previously reduced their incomes. It will be something interesting to see in the future,” he ironically said. In any case, it explained the biggest drop in rates and public prices in the community. ITV will be reduced by 25%, school canteens or morning classes, hunting and fishing licenses or transport card fees will be reduced by 50%, and the clean-up law will be repealed.
CANARY ISLANDS
The Canarian Government has expressed opposition to a “generalized reduction” in taxes and instead argues that:sectoral assistance. “Taxes inviolable” is leaving the Executive Board, chaired by socialist Ángel Víctor Torres.
CASTILE AND LEON
The Junta de Castilla y León, chaired by the popular Alfonso Fernández Mañueco, only a reduction in the minimum personal income tax rate from 9.5% to 9% to all taxpayers. The Regional Executive estimates this is a measure with an impact of 80 million.
CANTABRIA
The president of Cantabria, Miguel Ángel Revilla, did not specify any measures, but announced that it will work this week. some “palliative” tax relief “We can’t stay off the hook of an unfortunate kind of wave to see who falls further,” said the Cantabria Regional Party’s highest representative, to middle- and low-income earners so they don’t fall behind.
BASK COUNTRY
Lehendakari, Iñigo Urkullu, last week deflation of the income tax rate – the third so far this year.
CATALONIA
The Generalitat Government, before going through its numerous and deep crises, assured through the mouth of its ‘president’ that taxes would remain intact in the face of the 2023 Budgets. He affirmed that Catalonia “cannot do what Andalusia did”. Education, whose portfolio is owned by Catalan finance executive JxC, approved the abolition of wealth tax at its last congress.