Summary

The tax changes proposed by the Socialist Government simply constitute a series of patching-up measures that fail to reduce taxes and will not solve the problems of inflation, the foreign deficit and the loss of competitiveness of the Spanish economy. Furthermore, they penalise many families with children*. The Partido Popular proposes far-reaching tax reform that really reduces taxes, including both personal income tax (IRPF) and the business tax, that encourages saving and economic activity, that truly helps families and that boosts the competitiveness of Spanish companies.