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Home Europa Press

The PP asks for a selective reduction in taxes to mitigate the rise in prices

June 11, 2022
in Europa Press
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The PP asks for a selective reduction in taxes to mitigate the rise in prices
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SANTA CRUZ DE TENERIFE, June 11. (EUROPE PRESS) –

The spokeswoman for the Popular Group in the Parliament of the Canary Islands, Australia Navarro, has demanded that President Torres take measures to help families and SMEs in the face of the “unstoppable” rise in inflation and asked him to reconsider “his refusal to undertake a selective reduction in taxes and a rationalization of the administration’s bureaucratic spending to mitigate the biggest rise in prices in two decades”.

Australia Navarro pointed out, after learning that the increase in food and fuel once again raised the Consumer Price Index (CPI) in the Archipelago in May, that the Executive “cannot sit idly by while the cost of life increases for canaries by 7.3% and the Treasury collects 62% more”.

“The truth is that today we canaries are much poorer. Our purchasing power has plummeted by 7.3%, coping with fuel prices or the shopping basket has become an unattainable challenge for thousands of families “, he insisted.

For this reason, he said that it is “incomprehensible” that the Torres Executive “does not undertake a fiscal relief plan in the face of the punishment that the increase in inflation implies for the community with the lowest wages, the lowest per capita income and the highest rate of poverty and social exclusion in Spain”.

COLLECTION INCREASE

For the parliamentary spokeswoman, “there is no justification for the Government not to implement a tax relief plan and take advantage of the historic rise in prices and the difficulties of the Canary Islands to reach the end of the month to increase collection.”

In this regard, he recalled that, according to the latest available data, the Canarian Tax Agency has broken collection records, especially by the IGIC, thanks to the constant rise in prices. “Comparing it with the state tax, the VAT, the income from the IGIC of the regional Treasury directed by Román Rodríguez, grew three times more than this between the months of January and March,” he stressed.

In this sense, he emphasized that the Ministry of Finance collected 507.8 million euros of IGIC in the first quarter of the year, 62% more than in the same period of time the previous year and the highest figure ever recorded in a single trimester. “VAT, for its part, has only grown by 26%,” he added.

“The Government of the Canary Islands can and must adopt measures in order to return said over-collection to the pocket of the Canary Islands, especially in those with lower income from work and in which the increase in the CPI causes greater damage,” he concluded.



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