1,200 euro salary: Did Chega's proposal only offer 87 cents more than the Government's September IRS reduction?
The government approved an IRS rate reduction of 0.3 to 0.5 percentage points for the first six income brackets, affecting 2026 income with retroactive effects to January. Analysis by PwC indicates this results in a net income increase of approximately 3.17 euros per month for a 1,200 euro gross salary, while a competing bill presented by the Chega party would provide an additional 0.87 euros per month, totaling 4.04 euros.
