MADRID, 28 (EUROPEAN PRESS)

First Vice President and Minister for Economic Affairs and Digital Transformation, Nadia Calviño, emphasized this Wednesday that the facts show the Government’s “determination” to take advantage of “all instruments and adopt necessary measures”, including selective or general tax reductions as have been done until now, to deal with the current situation marked by rising prices.

The vice president has indicated in a statement to the press after meeting with the president of the Community of Madrid, Isabel Díaz Ayuso, that the Minister of Finance, María Jesús Montero, is finalizing outlining the package of fiscal measures that will be included in the General State Budget 2023 and that it will be presented in a few days. future.

The vice president has assured that the Executive does not have an ideological position regarding tax reductions and the evidence is the tax reductions made in recent months when deemed “necessary” to support the populations or sectors most affected. . “We have done it, we are doing it and we will continue to do it, but without jeopardizing fiscal sustainability,” he stressed.

In the face of this, Government finance officials have shown their disapproval of the “Spanish model” initiated by the autonomous community governed by the PP, which comprises a tax race between different regions. “In the end, it puts some territories against each other and some citizens against others and ends up impoverishing all of us,” he warned.

“It does not respond to our vision of a cohesive state to start a downward race in the tax sector which ultimately harms the solvency of public accounts and weakens the welfare state,” he stressed.

BEWARE ABOUT THE SITUATION IN ENGLAND WITH TAX WITHOUT

In this regard, he has warned about the situation in the UK after announcing a tax cut on large wealth, which has triggered a depreciation of the pound, a very significant increase in interest rates on the public debt and has forced the intervention of the Bank of England to stop flows in financial markets that are showing a loss. trust.

“From the Government we have implemented a responsible economic policy which correctly explains the strong confidence of the financial markets of all our partners and international organizations in the Spanish Government and we must continue this”, he stressed.