- Cabildo Abierto supports the personalized VAT initiative proposed by Alejandro Sanchez
- Deputy Alvaro Perrone expressed support for the initiative on social media, emphasizing the need for discussion and progress without fear
- The personalized VAT proposal has been a part of Cabildo Abierto’s agenda for five years, suggesting varied VAT rates based on individual financial capacity
- The proposal could significantly benefit 140,000 low-income retirees according to Perrone
- Alejandro Sanchez explained that personalized VAT would consider individual financial capacity, unlike the current system which applies uniformly regardless of income
- Sanchez highlighted the example of subsidized gas bottles used differently by low-income households and high-income individuals, suggesting an inequity in the current subsidy system
- The future Secretary of the Presidency emphasized the need to address tax evasion and adjust tax burdens without increasing overall tax pressure as key issues for the upcoming government
Source: ambito.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
