The sole PAN MP proposes a “fiscal emergency program” that includes a temporary update of IRS levels, an extension of IRS Jovem and the restoration of zero VAT for the essential food basket.
Ines de Souza Real presented to the Assembly of the Republic a bill proposing a temporary update of the IRS levels with “a revision of the corresponding limits of the amount that they would have if inflation were actually taken into account from 2021”, arguing that a worker who earns “an average salary (1463 euros) )”, will be able to “save 238 euros per year.”
In this draft, PAN is also proposing a “1% IRS rate reduction for 6th and 7th groups.”
The lawmaker also wants to extend the IRS Jovem to “last 2 more years (with a 15% tax cut in year 6 and 5% in year 7) and also include young people in the household” and update the “special deduction for category A (dependent work) and category H (Pensions), set at 4,104 euros and unchanged since 2015, up to 4,915 euros.”
PAN wants to restore zero VAT for products in the first food basket, proposing that this measure remain in force until the end of this year.
With these measures, the party wants to “compensate through taxation to all taxpayers” for the “accumulated inflation of 2021, 2022 and 2023.”
In the draft, published on Tuesday and presented to Parliament on Monday, the MP claims that “there is a cumulative inflation rate of 10.501% which has not been taken into account in the rate changes in force in the government budgets for 2022, 2023 and 2024.” and that, combined with freezing the amounts of specific deductions from salaries and pensions, means a real loss of family income.”
“In particular, with the update of the levels implemented in this year’s budget and taking into account the inflation values registered in 2021, 2022 and 2023, the taxpayer, whether worker or pensioner, with a monthly income of 1200 euros, 1463 euros or 2000 euros will suffer in their IRS collection, respectively, by 219 euros, 238 euros or 421 euros,” he states.
PAN considers that “these revenue losses from the IRS’s point of view contribute significantly to the emergency collection of government revenues through inflation and the deterioration of the economic situation of families”, indicating that “more than 2.6 billion euros.”
PAN has submitted another bill to Parliament to ensure that “for the purposes of social security benefits, family benefits, higher education scholarships and survival pensions, income received by young students working at the age of 27 years will not be considered income.” years or less, the annual amount of which does not exceed 14 times the minimum guaranteed monthly earnings.”
With this bill, Ines de Souza Real also wants to “create a special regime of exemption from payment of contributions” for “young student workers who receive an annual income from work not exceeding 14 guaranteed minimum monthly wages, without prejudice to the subsequent provision of a 12-month exemption from payment of Social Security contributions when entering the labor market,” the text explains.
The single MP also proposes, through two other initiatives, to reduce the VAT rate on medical-veterinary procedures and pet food to 6%.
Author: Lusa
Source: CM Jornal
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