A majority of Congress supports passing taxes on banks, energy companies and the wealthy

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The debate on the bill to create new taxes on banks, energy companies and large fortunes has ensured another victory for the coalition government. The progressive parties of the investiture bloc have ratified their support for the three new taxes, once some amendments to the text have been included. This Thursday was the final procedure in Congress and now the law will go to the Senate for approval.

They will be temporary taxes, for two years, and after that period, the possibility that they could be permanent will be studied. Regarding the tax on the rich tax on the rich, the tax will be 1.7% for assets between 3 and 5.3 million euros; 2.1% for assets between 5.3 and 10.6 million, and 3.5% for assets greater than 10.6 million euros.

The bank tax is the one that has undergone the most changes in recent weeks and, following an agreement between the Government and the PNV, the tax will only affect the activity that banks carry out in Spain. This has halved the collection forecasts: from the initial 4,000 million to 2,000 million.

PSOE and Unidas Podemos, promoters of the bill, defended this Thursday in Congress a fiscal package of which the coalition has made a political banner. “My parliamentary group was and is in a great hurry to ensure that those who are benefiting from a general calamitous situation compensate and pay their fellow citizens,” said UP lawmaker Txema Guijarro, shaking off criticism from the right for the speed with which for which the legislative process has been carried out for the rule to enter into force on January 1, 2023.

“Today is a good day for Spain”, celebrated for his part the socialist deputy Pedro Casares, asking a question to the popular bench: “Are you really going to tell families who have difficulties making ends meet not to Is it time for big corporations to make an extraordinary effort?

The right against and voting by appeal

PP, Vox and Ciudadanos have fully amended the text to tax energy companies, banks and large fortunes, which they have branded as “anti-European”. EH Bildu, Más País and Compromís have forced a vote by appeal to portray the right-wing bloc. “If we have asked for the vote by appeal, it is because this is a test of patriotism,” he said. Íñigo Errejón.

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