The pact is considering a tax reform, which will benefit the lowest incomes with deductions. In addition, the tax will be increased for capital income of more than 200,000 euros. The corporate tax remains the same. EH Bildu, who will abstain from voting, says the agreement “omits the law”.
Euskaraz irakurri: EH Bilduk and Nafarroako Gobernuak akordioa itxi dute aurrekontuen harira
For the fourth consecutive year, EH Bildu and the Foral Government (consisting of PSN, Geroa Bai and Podemos Ahal Dugu, albeit with the support of IE) are closed a budget agreement which will allow the clearance of the accounts for 2023.
Both parties have reported that it is a “package deal”since, in addition to the budget items, measures have also been agreed in tax affairs. According to what has been advanced, the tax reform will benefit incomes below 18,000 euros, who will receive a tax credit of 540 euros; From that amount and up to 35,000 the bonus will be progressive. Anyone with an annual income of less than 14,500.- does not have to submit the income tax return and the personal income tax is not withheld. On the other hand, corporate income tax remains the same and the tax is increased for capital income of more than EUR 200,000 and assets of more than EUR 3 million.
As emphasized by the Government of Navarre in a note (in which it contains the image of the company, illustrating this news), the parties agreed on “the global analysis of the budgetary context, characterized by the effects of the covid- 19 pandemic”. 19 and the effects of the war in Ukraine, with inferred factors such as inflation, the rise in fuel prices, gas and electricity bills and interest rates on mortgages. Therefore, they advocate combining “urgent and palliative measures” to respond to the situation, as well as other structural measures to face the challenges of the future.
The signing comes after weeks of negotiation and dialogue and coincides with the arrival of the draft budget at the Foral Parliament. The Minister of Economy and Finance, Elma Saiz, has handed over the draft with EUR 5,700 million to the Speaker of the Chamber, Unai Uhalde. The parliamentary procedure ends on December 22, with the adoption of the accounts in plenary.
Hualde and Saiz, in the Act of Parliament. Photo: Parliament of Navarra
Speaking to the media after the awards ceremony, Saizo wrote a review “of course positiveof the agreement reached with EH Bildu, whom she thanked for his willingness to negotiate. Regarding the tax deal, counsel said it will enable progress towards “a fairer and more efficient tax system”
Saiz has encrypted the claims of the nationalist coalition included in the project at 15 million euros. According to the minister, “society needs stability and meeting places”.
EH Bildu: ‘The agreement omits the right’
EH Bildu has described the agreement with the provincial government as “satisfactory”, and has assured that it follows a “political logic” that leaves the law “out”. Of the items included at the proposal of the coalition (worth 15 million euros), the local financing and the 0-3 year cycle stand out.
In a press conference in Pamplona, the provincial parliamentarians of the abertzale coalition Bakartxo Ruiz, Laura Aznal and Adolfo Araiz have claimed that their group will waive both in the vote on the accounts and on fiscal measures.
According to Bakartxo Ruiz “these are not the budgets that EH Bildu would have made from the start, but there have been improvements. We are faced with an agreement that is of great value and that means that an alternative majority to the right must once again be pronounced. he repeated.
Araiz has revealed that the agreements on tax matters were “where the biggest difficulties were” and those who spent the most time on them. “One of the objectives was not to take any steps back compared to the previous legislature, where a transformation began. The objectives were that and that whoever has the most pays the most. We have not achieved a structural transformation, but we have made small steps,” he explains.
Aznal, for his part, has assured that this agreement “should serve to make progress in the remainder of the legislature, but also with a view to the next legislature.”
Araiz, Ruiz and Aznal, at the press conference. EFE
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
