Political thriller: tax deferral causes trouble between the PP and the government!

Significant political and social developments will take place in Spain on December 11, 2024. In the midst of preparing for the new year, the question of personal resolutions arises. Reporter Isma Juárez launched a survey to find out what people have planned for 2025. A young woman named María reports that her father forces her to read all of Wyoming's books, which she sometimes sees as punishment. “Sometimes I think it's a castigo,” she says to Juárez after showing that she does have sporting ambitions that she finds difficult to realize, as Lasexta reports.

At the political level, there are signs of significant changes ahead. The dispute over the Impuesto sobre el valor de la Producción Eléctrica (IVPEE) led to an alliance between the Partido Popular (PP) and the Junts. The two parties reached an agreement on Monday aimed at suspending the 7% tax surcharge on energy production. This decision could have a major impact on the country's tax policy. While the PP and other allies, including Vox, are trying to reduce this tax rate to zero, the government of Pedro Sánchez has taken countermeasures. According to Libre Mercado, this could ultimately lead to a legislative deadlock as the coalition with Sumar tries to prevent the tax rate cut.

This year the Spanish government raised a total of 2,148 million euros by reviving four energy-related taxes, including an increase in the VAT rate on electricity. Businesses are facing pressure as Sánchez's government has managed to recover tax revenues from the crisis. The debates about whether these measures make sense or whether they endanger competitiveness will shape political discussions in the near future.

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