Slapenas

A movement within the parliamentary group of New Canaries (NC) has introduced a substantial set of amendments aimed at rectifying the inadequacies of the 2025 budget. These proposed changes intend to shift a total of 225 million towards initiatives focused on restoring fiscal progression and social justice. Spokesperson Luis Campos emphasized the necessity to significantly improve the existing budget, which perpetuates inequality and includes objectionable fiscal measures.

NC’s proposal encompasses enhancements across various departments, particularly those that have been neglected, alongside efforts to balance territorial disparities and reinstate investment in crucial areas.

Regarding taxation, NC advocates for a progressive fiscal approach where those with greater resources contribute more and the less privileged receive increased support. They propose reinstating tax deductions in personal income tax due to rising prices, redirecting 104 million back to Canarian households, which was previously eliminated by the government.

Furthermore, NC suggests the reinstatement of fuel tax benefits for professional use, benefiting over 25,000 transportation SMEs and farmers. Additionally, they advocate for reapplying inheritance and donation taxes on the wealthiest 6,000 individuals to recover 45 million in revenue.

In terms of essential services, the proposed amendments aim to bolster funding for public universities by 18 million, emphasizing the erosion faced by public universities under the current administration’s preference for private institutions. Enriching strategic policies and enhancing essential services to uplift the majority of society is also a key focus.

Proposals include allocating additional resources to Education, facilitating the construction of new public housing, and reinforcing healthcare with a specific focus on prevention and research to counteract what is perceived as an overly medicalized approach by the government.

Additionally, NC addresses the attempt to bypass constitutional procedures by introducing amendments that seek to restore compliance with the existing laws related to land use, local governments, and advisory bodies.

In response to the proposed amendments by the New Canaries (NC) parliamentary group, various questions arise regarding the potential impact of these changes on the overall economy and society in 2025.

1. How will the proposed tax policies affect income distribution and economic growth?
The progressive fiscal approach advocated by NC raises questions about the balance between taxation and economic development. While the intention is to enhance social justice, criticisms may emerge regarding the potential impact on investments and job creation.

2. What challenges could arise in implementing the proposed enhancements to public services?
Allocating additional resources to public universities, housing, and healthcare requires efficient planning and execution. Ensuring transparency in fund utilization and preventing mismanagement are key challenges that need to be addressed.

3. Are there controversies surrounding the reinstatement of certain tax benefits and deductions?
While the proposal aims to support specific sectors like transportation and agriculture, debates may arise regarding the fairness and effectiveness of such targeted benefits. Balancing short-term relief with long-term sustainability will be crucial.

Advantages and Disadvantages:
The proposed amendments present several advantages, including potential improvements in income equality, enhanced public services, and a more balanced tax system. By prioritizing essential sectors, such as education and healthcare, the proposals aim to address societal needs effectively. However, challenges such as resistance from opposing political parties, potential economic repercussions, and implementation complexities could hinder the successful execution of these initiatives.

Related Links:
Canary Government – Official website for information on the government of the Canary Islands.