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Montero says that taxpayers with incomes below 21,000 euros will save an average of 400 euros

He denies "improvisation" in the new fiscal measures, which have been working since August.

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Montero says that taxpayers with incomes below 21,000 euros will save an average of 400 euros

He denies "improvisation" in the new fiscal measures, which have been working since August

MADRID, 30 Sep. (EUROPA PRESS) -

The Minister of Finance and Public Function, María Jesús Montero, has indicated this Friday that the Government's measures on personal income tax for income below 21,000 euros will allow taxpayers savings in average terms of around 400 euros per year.

On the contrary, the minister has warned that a deflation of personal income tax, for example, for incomes below 40,000 or below 60,000, which allows a saving of about 40 euros for these same taxpayers, as indicated in an interview in 'Onda Cero' collected by Europa Press.

Montero has denied that the new tax measures announced by the coalition government, including a solidarity tax on large fortunes, have been "improvised" in the heat of regional announcements of tax cuts.

"We have been working since the proposal on the energy and banking tax was launched in August. Not even the most gifted team could improvise a tax reform of these characteristics in ten or fifteen days," he said in other statements to TVE Collected by Europa Press.

The minister stressed that the new tax package undertakes a "selective" tax cut, as the Government has always defended, compared to the general cut that would imply the deflation of personal income tax demanded by the PP, which would affect all income levels, including the highest.

In an interview on 'Onda Cero', the minister has insisted that these new measures have not been conditioned by the decisions of some communities to lower taxes, although she has acknowledged that she was "surprised" that these announcements were made, considering how "the most serious" the abolition of the Property Tax in Andalusia.

The minister has defended the adequacy of the temporary 'solidarity tax' on assets of more than 3 million euros --excluding the habitual residence--, since they are the ones who have the most and the companies with the greatest profits are the ones who have to bring the shoulder at a time like this. "We must prevent this crisis from ending with more inequality," she stressed.

Montero has also highlighted that, in the face of the "hollowing out and fiscal populism" of the PP, the Government practices a "common sense" fiscal policy and has urged the 'popular' to clarify their position on the announced measures.

"I do not know very well what the PP is going to vote on this reform. Feijóo did not know whether to say yes or no (...) I cannot understand that for the PP it is more important to protect 0.2% of the population (those who will be affected by the tax on large fortunes) in front of more than half of the citizens. In one place it says that we are imitating them, in another that it is not enough and it is an incomplete reform. I think that it has to clarify," said the minister.

Likewise, Montero has called on the autonomous communities to calmly discuss the Wealth Tax, its possible elimination of regional financing and the option of replacing it with another tax.

Asked about the offer to raise civil servants' salaries by 9.5% in three years, she preferred not to give details so as not to harm the negotiations with the unions. She, too, has not wanted to comment on the state of the negotiation of the General State Budgets for 2023, although she hopes that an agreement will be reached.