Sunday, August 24, 2014

Government ministers’ little poupadinhos »VAT will rise to 24 … – Reuters

Government ministers' little poupadinhos »VAT will rise to 24 … – Reuters

The measure of tax burden that should be borne by the Government earlier this week, serves to compensate for the lead of the Constitutional Court to cuts in public sector wages.

“Right now there is a war in perspective ‘within the coalition government, said the commentator Anigo Social Democrat leader stating that the increase in VAT is opposed by Pires de Lima and Paulo Portas (CDS).

The intention of the minister is increase of 23 24%, said Marques Mendes noting that the Government had already decided to raise the VAT by half a point, but only in 2015 Now it will happen as early as October, said .

Manifesting against the idea of ​​an increase in VAT, Marques Mendes noted that the Government is justified with normative ‘leads’ by the Constitutional enacted in May, and whose impact is around 500 million. But, in his opinion, due to the growth of tax revenue the government has a clearance of approximately EUR 1 000 million that could comfortably accommodate the needs of goal deficit.

Developing your comment, Marques Mendes stressed yet, ‘while there is a hole “in OE resulting lead the Constitutional’ there is also a resulting hole so-called ‘fat state.’” And, exemplifying with the heading ‘Acquisition of goods and services’, the commentator noted that the costs should be decreasing 0.9% but are rising above 10%.

The expenditure (without interest) “should be a goal down to 3.9% but is up 6.6%,” according to June data, the commentator criticized the SIC. “The ministers are little poupadinhos and the finance ministry is not to put its house in order throughout,” interrupted the former leader of the PSD, stressing that raising taxes “is bad for the economy.”

The country “can not accept”, he said.

shooting, Marques Mendes suggested that the government should not raise taxes in 2014 and, by this token, could legitimately not download the IRS in 2015.

The last meeting of the Executive PSD-CDS has scheduled a special meeting (Council of Ministers) for the next 26 days, which will finalize the Supplementary Budget that, in turn, should be approved in doplanário urgent session of parliament next week also.

The OE Amending follows the recent leads the Constitutional Court and will reflect the application of cuts in public sector wages.

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