Murcia joins Madrid and announces the elimination of the wealth tax
The president of the Community, Fernando Lopez Mirashas announced this Wednesday the elimination of the wealth tax in the Region of Murcia in 2023, according to sources from the regional Executive in a statement. Thus, he explained that “we eliminated it because it is an anachronistic taxbecause does not exist in any of our surrounding countriesbecause it favors tax relocation, because the increase in collection in the coming years allows us to do so, and because its removal will attract new rentswhich in turn will also increase revenue.”
López Miras has announced this decision during the inauguration in Murcia of the congress of business managers ‘CEO Congress 2022’, before the president of Cepyme, Gerardo Cuerva. During his speech, the Murcian leader stressed that the suppression of the Wealth tax is also due to the fact that “the Region of Murcia leads growth in Spain in exports and in the recovery of GDP prior to the pandemic, and we have to compete from face to face you with the best without complexes and without anyone putting limits on us”.
“If our businessmen do not have complexes when they leave the Region of Murcia, neither do the institutions”, he has claimed, insisting that “we cannot be condemned to raise or maintain taxes with the justification that we are the worst financed community. Precisely this It must be the reason why the regional financing system is reformed and the region is stopped being mistreated as it has been done since 2009”. For this reason, he has asked “that the Constitution be fulfilled to treat all Spaniards equally and the same resources are provided to all of them”.
In addition, the president has advanced that in the Community Budget Bill for 2023 that will be approved in the coming days by the Governing Council “we will not raise any regional tax”, and we will continue to bet “on a moderate and fair fiscal policy, to relieve families and thousands of workers in the Region, especially the lower classes and stockings”.
To the elimination of the Heritage tax, the deflation of the regional section of personal income tax for incomes of less than 60,000 euros will be added to the accounts for next year, “which will help sustain consumption,” López Miras stressed. Likewise, “We will continue advancing in the reduction of the rates of that regional section of IRPFaccording to the calendar that we set in 2018″.
In order to maintain this tax reduction policy in the face of a possible tax harmonization imposed by the central government, the head of the regional Executive has promised that “we will fight with all the legal means at our disposal so that the fiscal autonomy recognized by our legal system is not ignored“. Among the tax measures that the Community wants to preserve is “the exemption up to the third degree of Inheritance and Donations tax”, in which the Region of Murcia has been a pioneer in Spain.
“Money is better in the pockets of citizens and companies, and the statistics show it,” said López Miras, who gave as an example that “between 2018 and 2021, the net tax collection in state taxes linked to the cycle which are the ones that collect the most, grew by 27.2% in the Region of Murcia, while in the country as a whole it grew three times less, by 7.9%”.
An “obstacle course” for SMEs and freelancers
In relation to the current economic scenario, López Miras regretted that the businessmen and self-employed in the Region and throughout Spain “they face an obstacle course in their day to day” because of “runaway inflation and unaffordable energy prices”. To improve their situation, he has highlighted the importance of “paving the way for them, because they are the ones who turn the gears of the economy and create jobs.”
In this sense, the head of the regional Executive has regretted that “they continue to put tripping and criminalizing businessmen, entrepreneurs and the self-employedprecisely those who have to pull the car and get us out of the recession to which we seem to be headed”. Faced with this trend, López Miras has stated that his Executive defends “a space of freedom” in order to “generate trust, security and certainty”. , because “I don’t know of any country that does well if its companies don’t do well”.
In his speech, López Miras also expressed his doubts about the distribution of European recovery funds, noting that “the promised land that was the Next Generation Funds is becoming a dystopia for Spanish companies.” For the president of the Region of Murcia, these items “are not being released at a good pace and do not reach the SMEs that make up the majority of the productive fabric.” For this reason, López Miras has warned that this initiative “runs the risk of ending up as a historic missed opportunity.”
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