Cost of Living
What the PS wants in the State Budget and where it may oppose the Government
The Socialist Party (PS) intends to propose measures to limit tax revenue increases on fuel by capping the maximum tax adjustment allowed under the Special Consumption Tax Code. They are also renewing their previous proposals for temporary zero-VAT on a basket of essential food products and equivalent ISP (fuel tax) reductions during the upcoming committee-stage budget debate.
Why it matters
These are current proposals under parliamentary discussion; if approved during the committee phase, they could lead to lower taxes on fuel and essential food, which would directly reduce your household costs.ObservadorRead original ↗
