MADRID, 3 (EUROPEAN PRESS)

Citizens’ deputy secretary-general, Edmundo Bal, considered Monday that Britain’s fiscal problems, which have forced it to fix tax cuts promised by its prime minister, are rooted in Brexit and will cause many Britons to “pull their hair out” as they leave the European Union. (EU), but separates it from open debate in Spain.

The UK government has fixed this Monday as part of its tax reduction program and has ruled out removing the 45 per cent marginal rate that is taxed on income over 150,000 pounds (about 171,600 euros) and which affects 1.7 per cent of taxpayers. The move would mean a loss of 2,065 million pounds (over 2,360 million euros) in public coffers over five years.

At a press conference from Ciudadanos’ national headquarters, Bal recalled that Britain was “not Europe”. The main problem, in the opinion of the deputy spokeswoman for ‘orange’ in Congress, “is Brexit”. “It doesn’t have the European Central Bank (ECB) mutualizing its debt,” he added, also noting that he lacked the “trust” that the EU put in investors.

“Investors in the pound have been asking how the UK would be financed if taxes were lowered and at this level of spending,” Bal said, marking a distance from other EU countries, which have “common financial institutions.”

In the same way, he has pointed out that the fiscal policy proposed in the UK “has not been proposed by anyone in Europe.” “Lowering taxes on the rich has not been considered,” he stressed, specifically mentioning countries with liberal governments and noting that what Ciudadanos is proposing is lowering personal income taxes “for everyone” or lowering corporate taxes “for everyone”.