What has Ciudadanos proposed for the job market, economy and development?
Thursday, September 1, 2016 @ 5:50 PM
Measures the centre-right party Ciudadanos has pushed the PP into agreeing with include major fiscal and financial reforms, which range from close scrutiny of tax havens to in-work benefits for the low-paid; wealthy tax-dodgers who benefited from Rajoy's 'fiscal amnesty' being forced to pay up – around €2.8 billion in total – for investing in healthcare and education, and establishing consumers' rights to pay by credit or debit card for purchases of €10 or more.
Company profit tax, or Impuesto sobre Sociedades, will be adjusted to set it in line with the European average and layered according to the size of the firm – whilst multi-national corporations can bear the loss of up to a quarter of their earnings, two-man-band local shops cannot – and income tax will be adjusted once Spain has shown the European Union that it is able to contain its deficit and work towards imposed targets.
Regional governments may get more of a say in the State budgets before they are approved, and it is likely that the slice of the budget per region will be reviewed, giving that some – like the densely-populated tourism hotspot, the Comunidad Valenciana – receive a fraction per head of the amount given to others; for example, the Basque Country receives five times the per-capita allowance of Valencia, meaning the latter is unable to invest in infrastructure to improve quality of life.
Read more at thinkSPAIN.com