The PP plan to reduce fuel taxes will reduce state revenue by nearly $ 20,000 million

Billions of euros less for the state. PP’s proposal to suspend the special tax on hydrocarbons and reduce VAT on fuel would drastically reduce the revenues collected by the state treasury by billions. Parliament Speaker Kuka Gamara suggests that his party will offer a 21% to 4% reduction in VAT this afternoon and a “suspension” of hydrocarbons. The non-binding initiative will be considered and voted on the same day the government approved an anti-crisis plan that would reduce the final price of fuel by 20 cents.

PP is not making any calculations in the text of the PNL defended by Gamara this Tuesday as to how much the remuneration will be reduced if these taxes are reduced. But in 2021, the tax agency introduced 11,492 million hydrocarbons for a special tax, which is a fixed rate that is not price dependent. By 2022, the general budget had projected $ 12,418 million in revenue.

Not all of them are governed by the central government. In fact, more than half are redeployed to the autonomous communities responsible for public services: health care, education, social services, part of the department or the administration of justice, and so on. The Treasury Department forecasts that out of 12,418 million, 5,900 will remain in the central state by 2022. The rest will be handed over to the regional administrations. Nevertheless, PP argues that the government is “liable” for these taxes. In fact, he even accused Pedro Sanchez of “taking” 57 euros out of every 100 euros paid for fuel, which is wrong.

Calculating VAT is more difficult because the tax agency does not have to consider how much you will get from this tax on each product. elDiario.es contacted a public institution to make sure that these statistics could not be provided.

But there are unofficial calculations of how much VAT is. The Automobile Employers Association, Anfanc, estimates it at around $ 7.487 million. Newspaper EnergySpecialized media places it at 7,540 million.

That is about € 20,000 million is what would have stopped the Spanish public treasury for a year if the plan proposed by PP had been used. In addition, the party itself recognizes that these measures must be authorized by the European Union.

This was suggested at the La Palma Presidential Conference by those who will be the party president from next weekend, Alberto Nunez Feio or Andalusian President Juan Manuel Moreno. Until just three days ago, PP’s speaker in the European Parliament, Dolores Montserrat, asked the Commission if it was possible to reduce VAT on fuel.