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VALENCIA, 27 Sep. (EUROPA PRESS) -
The 'president' of the Valencian Generalitat, Ximo Puig, has advanced this Tuesday the increase by 10% of the amount exempt from taxation in personal income tax for all Valencians, "the maximum allowed by the rule"; as well as a new autonomous personal income tax rate for 2022, with new sections adapted to inflation, and a 10% increase in "all tax deductions and rebates".
These are some of the measures that the Valencian tax reform will include which, according to Puig, will take effect "from now on" and retroactively from January 1, 2022 and will benefit all citizens who earn less than 60,000 euros a year, " the majority of society.
In his initial speech at the General Policy Debate in Les Corts, Puig emphasized that these measures are aimed at taxpayers who earn less than 60,000 euros; that is, 1.34 million Valencians and 97.4% of the total.
"Our perspective is clear: no to fiscal populism," he stressed, insisting that it is a reform designed for the majority. In addition, he has defended that the Valencian Community will maintain the wealth tax because "only 0.5% of Valencians are taxed" for it.
