Podemos proposes in Congress that the banking tax collect at least 50% of gross profit

The purple formation is inspired by the Government of Giorgia Meloni in Italy to redesign the tribute

MADRID, 25 Feb. (EUROPA PRESS) -

Podemos has registered in Congress a bill so that the amount to be paid for the banking tax "in no case" can be less than 50% of the gross profit obtained by the financial entity.

The party wants to redesign the extraordinary tax on the financial sector that was approved in the last legislature because it is "insufficient to redistribute the profits of big banks," which taxes the margins that entities obtain from interest at 4.8%. and commissions and which raised around 1,200 million euros last year.

Specifically, it proposes that the tax be extended until 2025, with the possibility of making it permanent, and double it to 10% and that in 2024 and 2025 it be complemented, like Italy and Lithuania, with another tax of 75% on the interest and commission margins that are above the 2022 margin.

This, says Podemos, would serve to collect the extraordinary funds obtained by the banks due to the increase in interest rates. But the amount to be paid by the banks cannot be lower "in any case than 50% of the gross profit obtained in the reference period."

In Podemos's opinion, the tax thus proposed "meets the objectives of effectiveness and payment capacity" and "is not confiscatory", because it only applies to "excessive and temporary margins."

The party led by Ione Belarra wants the resources obtained from the tax on banking, energy and large fortunes (all three were approved at the same time) to be allocated to an extraordinary fund for the construction of public housing.

The houses would be used for temporary and emergency social rental in stressed areas, for those vulnerable people on the waiting list for access to officially protected housing.

Podemos previously defended the idea of ​​reinforcing the banking tax because it considered it "crumbs" compared to the benefits that Spanish financial entities obtained in 2023.

The general secretary of Podemos, Ione Belarra, made it known to the Minister of Economy, Carlos Body, in the first control session of the year. However, Nadia Calviño's successor recalled the need for the banking sector to be solvent to contribute to the country's economic growth.