The leader of the Popular Party, Albert Núñez Feijóo, has promised to reform the tax on banks and energy companies that the coalition government approved. In an interview in the Financial Times, the popular candidate for the presidency of the Government has refused to withdraw the tax despite criticizing it.
According to Feijoó, the tax needs to be modified as it is badly “badly designed” and he added that “it is not the correct model”. “We have to talk to the electricity companies and the banks before making decisions,” added the popular leader, who recognized that the commitment to reform the tax could “disappoint the companies that expected it to be completely eliminated.”
The tax on banks and energy companies was introduced by the current coalition government so that companies in these sectors that have extraordinary profits “contribute part of them to common solidarity,” defended the PSOE.
Referring to the latest polls that give Feijóo a wide advantage without reaching an absolute majority, the popular leader has indicated that his intention is not to form a coalition government with Vox. Voters have to “make a decision about whether they want a strong government or, on the contrary, a coalition government with Vox,” Feijóo added.
The president of the PP has also commented on his intention to attract more foreign investment through “specific fiscal policies to make Spain an attractive country”. In this sense, he intends to include tax incentives for those who move to the country.
Feijóo has promised to avoid cuts in public services and has pointed out that he wants to make Spain one of the fastest growing economies in the European Union.
