by Shrillland » Mon May 29, 2023 6:43 pm
by The Union of Galaxies » Mon May 29, 2023 8:53 pm
by Vivolkha » Sun Jun 04, 2023 11:42 am
by Shrillland » Mon Jun 05, 2023 11:46 am
by Vivolkha » Tue Jun 06, 2023 10:18 am
by Shrillland » Mon Jun 19, 2023 6:05 pm
by Dresderstan » Thu Jun 29, 2023 10:00 am
by Shrillland » Thu Jun 29, 2023 10:05 am
by Dresderstan » Sun Jul 02, 2023 12:43 pm
by Shrillland » Mon Jul 03, 2023 11:50 am
by Dresderstan » Mon Jul 03, 2023 1:23 pm
The conservative frontrunner to be Spain’s next prime minister has vowed to overhaul a €3bn windfall tax reviled by banks and energy companies, saying he wanted to make it legally watertight but offering no commitment to repeal it.
Alberto Núñez Feijóo, who is leading Socialist incumbent Pedro Sánchez in the polls ahead of this month’s general election, told the Financial Times that the levy was “badly designed” and needed to be amended. But his pledge to reform it is likely to disappoint businesses that hoped he would scrap it entirely.
Feijóo, head of the People’s party, acknowledged that he would face the daunting task of bringing down Spain’s massive public debt burden if he wins the election on July 23, putting him under pressure to reduce the cost of government and generate additional tax revenues.
Sánchez introduced the windfall tax to divert “extraordinary” profits from business into government initiatives to combat the cost of living crisis. But it has been scorned by leading companies such as Santander, the bank, and power group Iberdrola, which are challenging it in the courts.
“We have to adjust the legal risk we’re incurring,” Feijóo said, arguing that the levy was highly vulnerable to court challenges because it applied, unusually, to revenues as opposed to profits. “This is not the right model.”
He pledged to “talk to the electricity companies and banks about how we can ask for their solidarity and contributions to overcome the deep public debt and deficit . . . before taking decisions”.
Sánchez himself has used the language of solidarity, saying businesses must do more to help citizens because banks are benefiting from rising interest rates and energy companies have profited from high gas prices.
While polls give Feijóo a clear lead, they also suggest the PP would fall short of an absolute majority in parliament and could only govern with the support of the hard-right Vox party.
Feijóo has consistently said he does not want to form a coalition with Vox, a populist party that challenges the idea of gender-based violence, dislikes multiculturalism and is sceptical about climate change. He said voters had to “make a decision about whether they want a strong government or, on the contrary, a coalition government with Vox”.
Yet the two parties have struck coalition deals at the local and regional level since elections in May. Some PP-Vox city governments have since stopped LGBT+ flags being flown from public buildings. Sánchez responded to a pact agreed in one region on Friday by saying “Spain goes backwards” when the pair govern together.
Whoever wins the election will have no choice but to tackle the country’s public finances. Enforcement of the EU’s Stability and Growth Pact resumes from next year after it was suspended due to the coronavirus pandemic, adding to the pressure for member states to curb borrowings.
Spain’s public debt is equal to 113 per cent of gross domestic product and its budget deficit last year was 4.8 per cent of GDP.
The country’s debt load jumped due to the economic costs of the pandemic, but Feijóo also accused Sánchez of allowing the public sector workforce to swell.
Pledging to avoid cuts to public services, Feijóo said he would boost tax revenues by making Spain one of the fastest-growing economies in the EU and lift employment — measured via the social security system — to 22mn from its current 20.9mn.
Spain’s economy grew 0.5 per cent in the first quarter and was not one of the eurozone’s top performers. Feijóo stressed that Spain was one of the last EU economies to return to its pre-pandemic size.
Asked how he would achieve his economic goals, the PP leader said he would pull in more foreign investment with “specific fiscal policies to make Spain an attractive country”, including tax incentives for people moving there. He would also look to consolidate Spain’s position as a renewable energy hub.
Feijóo has promised to cut income tax for those earning less than €40,000 a year — which is the majority of Spanish adults — saying doing so would boost economic growth too.
Sánchez is touting his own success in attracting foreign investment and encouraging the growth of renewables, as well as stressing how employment has increased sharply under his leadership. The prime minister has criticised Feijóo for waging a negative campaign of attacks against “Sanchismo” without offering a comprehensive plan for the country.
The Sánchez government has said the windfall tax would bring in €3bn this year. Feijóo acknowledged that sum would be useful, but said it would be even more valuable “if it were dedicated to lowering public debt, and not spent”.
by Minoa » Fri Jul 07, 2023 1:41 pm
by Shrillland » Fri Jul 07, 2023 4:47 pm
Minoa wrote:I assume Vox wants to go back to the days of Franco?
Seriously, the political polarisation has to stop, especially since the Internet Research Agency is in trouble due to their links with the leader of the Wagner Group.
by Eternal Algerstonia » Fri Jul 07, 2023 4:57 pm
by Shrillland » Sat Jul 08, 2023 11:55 am
by Minoa » Sat Jul 08, 2023 12:21 pm
by Greater Miami Shores 3 » Sun Jul 09, 2023 12:21 am
Minoa wrote:I assume Vox wants to go back to the days of Franco?
Seriously, the political polarisation has to stop, especially since the Internet Research Agency is in trouble due to their links with the leader of the Wagner Group.
by Minoa » Sun Jul 09, 2023 1:32 am
Greater Miami Shores 3 wrote:Minoa wrote:I assume Vox wants to go back to the days of Franco?
Seriously, the political polarisation has to stop, especially since the Internet Research Agency is in trouble due to their links with the leader of the Wagner Group.
Vox is not a Fascist Nazi Dictatorship Party, they are not going to declare España La Madre Patria The Fourth Reich. It is leftist Propaganda from the Leftist Fake News Media. Vox strongly supports a western style, multi political parties, capitalist $ Cuba and España La Madre Patria. Viva España La Madre Patria. We need a necessary coalition government of Vox and the Conservative Peoples Party of España La Madre Patria against the Leftists. Yes, the political polarisation of the Leftist Fake News Media in España La Madre Patria and the international Leftist Fake News Media needs to stop.
by Greater Miami Shores 3 » Sun Jul 09, 2023 10:24 am
Minoa wrote:Greater Miami Shores 3 wrote:Vox is not a Fascist Nazi Dictatorship Party, they are not going to declare España La Madre Patria The Fourth Reich. It is leftist Propaganda from the Leftist Fake News Media. Vox strongly supports a western style, multi political parties, capitalist $ Cuba and España La Madre Patria. Viva España La Madre Patria. We need a necessary coalition government of Vox and the Conservative Peoples Party of España La Madre Patria against the Leftists. Yes, the political polarisation of the Leftist Fake News Media in España La Madre Patria and the international Leftist Fake News Media needs to stop.
The same arguments that led to people storming parliaments in an attack against democracy. Conservatism itself is not a bad thing, but attacks on the rule of law and civil liberties are.
by Shrillland » Sun Jul 09, 2023 10:31 am
by Greater Miami Shores 3 » Sun Jul 09, 2023 10:38 am
Shrillland wrote:Spain is not the US, and Spain effectively did repudiate the actions of 23-F.
by Shrillland » Sun Jul 09, 2023 10:45 am
Greater Miami Shores 3 wrote:Shrillland wrote:Spain is not the US, and Spain effectively did repudiate the actions of 23-F.
But what happened in the USA is not related to what happened in España La Madre Patria, as I have explained in details many times, so it is again irrelevant to the elections subject of this thread, please post it as a separate issue on the US Politics thread, and I will answer you there in details again.
by Greater Miami Shores 3 » Sun Jul 09, 2023 11:04 am
Shrillland wrote:Greater Miami Shores 3 wrote:But what happened in the USA is not related to what happened in España La Madre Patria, as I have explained in details many times, so it is again irrelevant to the elections subject of this thread, please post it as a separate issue on the US Politics thread, and I will answer you there in details again.
23-F was the 1982 Spanish coup attempt by Falangist Remnants on February 23, hence 23-F. I was referring to things that happened in Spain.
In any event, Vox is set to lose roughly 15 seats according to the latest poll figures.
by Omnicontrol » Mon Jul 10, 2023 12:18 am
United Calanworie wrote:It only is "absent" in F7 because nobody previews their posts because they're trying to move at the speed of mach fuck to not get ninjd.
Reventus Koth wrote:you're right guys my bad the next time i write a treaty i'll make sure to leave the possibility of raiding the other signatory on the table
Mlakhavia wrote:TCB arent fascists, we are simply the People
the People have a Stick
We use it to Whack piddly rightist frontiers
United Calanworie wrote:Us mods don't do shit.
[violet] wrote:lol
United Calanworie wrote:what in tarnation
by Kvatchdom » Mon Jul 10, 2023 8:33 am
Greater Miami Shores 3 wrote:Shrillland wrote:
23-F was the 1982 Spanish coup attempt by Falangist Remnants on February 23, hence 23-F. I was referring to things that happened in Spain.
In any event, Vox is set to lose roughly 15 seats according to the latest poll figures.
GMS: My apologies, I misread your post, by misreading your comment, Spain is not the USA. I take your word on the credible poll links you found online. What I am interested in is a necessary coalition government of the Conservative People's Party and the right wing Vox Party against the leftist parties in España La Madre Patria, as they govern in coalition in Spanish regions. According to this Poll provided by Reuters: MADRID, July 9 (Reuters) - Two weeks ahead of Spain's election, the conservative People's Party (PP) opened up its lead over the ruling Socialist Workers' Party (PSOE) but would still need the help of the far-right Vox party to govern, according to an opinion poll published by a newspaper on Sunday.
A poll carried out by Ipsos for La Vanguardia newspaper between July 3 and July 6 interviewed 2,000 people and showed the opposition PP with 35% of the votes and the PSOE on 28%. The far-left Sumar party would win 13%, just ahead of Vox with 12.6%, the poll found ahead of the election on July 23.
Voting forecasts would give the PP between 138 and 147 seats in the 350-member lower house, with the PSOE winning between 102 and 112 seats.
Vox - the PP's most likely coalition ally - would win between 32 and 39 seats. Sumar was forecast to win between 31 and 39 seats.
If the results of the poll are correct, it means that a right-wing coalition of the PP and Vox would together win up to 180 seats, enough for an absolute majority.
Link Provided by Reuters: https://www.reuters.com/world/europe/sp ... 023-07-09/
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