Rate rise in personal income tax: a lot of noise and few nuts


The Vice President of the Government, Pablo Iglesias, and the Minister of Finance, Mara Jess Montero.

The current Government reached a pact of legislature that includes, among other measures, the rise in marginal rates to high incomes in the state rate of Income Tax for Individuals (Personal Income Tax). With regard to the general taxable base, this increase will mean raising the marginal rate by two points from 130,000 euros and four points from 300,000 euros. In relation to the saving tax, the announced increase will be four points from 140.0

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