A “lower, simpler and fairer” IRS, the abolition of the IUC with a reduction of 25 euros per year and the return of TAP privatization proceeds to citizens are some of the budget changes presented by IL today.
At a press conference on the last day of the presentation of proposals for changes to the state budget for 2024 (OE2024), IL parliamentary leader Rodrigo Saraiva and liberal MP of the Budget and Finance Committee João Cotrim Figueiredo presented the 24 “Surgical Interventions” that the party wants to introduce into the document with aiming to provide “security and hope to the Portuguese” in the current scenario of political crisis.
The Liberal proposals are divided into four main areas that “make Portugal grow, make Portugal work, allow IL and reduce state involvement in the economy”, with João Cotrim Figueiredo starting by detailing the proposal for the IRS, one of the party’s bodies. flags.
With the goal of creating a unified IRS that is “lower, simpler and fairer,” IL proposes “three tiers, two rates, and the elimination of the Unaccustomed Resident, Return and Young IRS programs.”
The Liberals’ proposal is to apply a 0% rate to taxable income of €7,400 to replace the “current and compound” subsistence minimum.
In the second tier a rate of 15% will apply to taxable income of €32,450, followed by a 44% rate in the third tier.
“We propose to abolish the IUC in our own way. We will also take only two euros per month from government revenues. If this is not much for taxpayers, it is even less for the state,” he explained.
In order to completely abolish the IUC, IL proposes to reduce it by 25 euros per year for all vehicles until it reaches zero euros.
In addition to the privatization that Liberals typically propose, Cotrim Figueiredo has introduced a round-trip program that aims to ensure that the money invested in rescuing TAP goes back into the pockets of Portuguese taxpayers once it is re-privatized.
“Whatever the proceeds from the privatization of TAP are, they go back to the Portuguese,” he said.
The IL MP also put forward the ideas of the “Presta ou Paga Program” (PPP) applicable to public services, with the idea that “either you provide the service or you pay for it” and that “either the citizen is satisfied or there is a cost to the public service that he didn’t comply.”
The aim is that this PPP can be applied to other areas, while the Liberals are proposing it for health care, transport, registration and notaries.
Author: Lusa
Source: CM Jornal
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