Another year of financial plunder: Sanchez destroys the economy with 13,000 million in revenue and 3,500 in aid

Ended in 2023. And, with it, a new exercise in financial robbery is born. Final figures are not yet produced, only until October. To make matters worse, the differences between the actual collection data shown by the intervention and the “uniform income” indicators shown by the Treasury are deeply alarming. Doubts about the hidden truth. But, be that as it may, it is the truth Pedro Sanchez announced huge financial support – above all, VAT on food and energy – and the reality is that compared to the less than 3.5 billion that these incentives add, Accumulated collections in 2023 cross 13,000 million. And it's not called a tax cut. This is called elevation. and vertically.

According to the latest reports, the total collections till November would have increased by 13,138 million Euros. The regulatory changes introduced by Sanchez are said to help families, They would have freed up 3,503 million euros. That is, for every euro promised in aid, there is an increase of 3.75 in tax increases. A milestone in the historical memory of not lowering taxes: tax increases and looting.

All these must be included in an epoch, In the previous two years -2021 and 2022- taxes and social contributions extracted from the pockets of Spaniards increased their collection by no less than 92,364 million euros.. In short, we have already passed 100,000 million worth of tax increases thanks to Pedro Sánchez. And That figure is equivalent to an entire year's worth of personal income tax. and paid by all Spaniards. In other words: in Spain, in three years, all taxpayers pay an amount equal to the full additional personal income tax regulated. Companies, farmers, hypermarkets, funds, speculators, rich people, a more efficient reason to explain the brutal loss of purchasing power suffered by the Spanish than all the arguments put forward by the government and other left-wing allies.

See also  Topics of the EFE Economic Day for Tuesday, May 7, 2024

The latest Tax Agency Collection Report Confirming this data, it points out that “tax revenue in November was 17,536 million euros, 9% more than the same month in 2022”. According to these data, “gross income grew slightly less than it did in recent months (4% compared to an average of 4.7% between May and October), while realized income fell by 10.3%”. But despite this, Sánchez's willingness to raise and raise taxes has caused the tax sacrifice of most families to continue to rise.

“With a month left for the end of the year, Mr Revenue growth is estimated at 5.5% in 2023 (Total revenue increased by 5.7% and income by 6.9%). Earnings rose 5.8% on a like-for-like basis through November, the same cumulative rate recorded in the previous two months,” an official statement said.

Read more

Local News