The President of the Government and reelection candidate, Pedro Sánchez, has advanced that the large housing property funds will face a greater tax burden and that a new benefit will be launched for paid childcare for children under 8 years of age.
These initiatives form part of the PSOE’s electoral program for the general elections on November 29, as the socialist leader has detailed during a rally held this Sunday in Alcorcón (Madrid).
In his remarks, he specified that he will impose “more taxes” on the large funds that accumulate vacant homes, properties intended for tourist rentals, or real estate with prices “unaffordable for the middle and working class”.
The new assistance for childcare includes the payment of 100% of the regulatory base for four weeks for both fathers and mothers.
Likewise, the PSOE includes in its program the creation of a “union of friendship” so that people who are not a couple and do not share blood ties, but decide to maintain a caregiving relationship, “deserve to have rights” such as work leave due to illness or death.
Sánchez has also reiterated that, if he continues in La Moncloa, he will enshrine in the Constitution the updating of pensions in line with the CPI and the right to abortion—commitments he had already advanced previously.
Sánchez presents the first measures, supported by 5,500 attendees
The head of the Executive has set out this first block of proposals from the socialist program before around 5,500 people, including several ministers and his own parents, who usually do not attend party events and who took their places in the front rows of the venue.
At the start of the rally, Sánchez waved a flag of Spain and he himself was the one who welcomed the event, an unusual gesture. “This is our flag, that of the Constitution,” he emphasized, highlighting that the national banner symbolizes equality, territorial diversity and the defense of democracy by previous generations.
New tax support for families and an oral health plan
Among the measures advanced by the PSOE is also transforming the minimum per dependent in the IRPF—the portion of the taxable base set aside to cover the needs of children and which therefore is not taxed—into a “refundable credit” which, according to the party’s calculations, will benefit nearly two million households.
Likewise, socialists commit to continue leaving the lowest incomes exempt from taxation, so that the future increases in the SMI, which Sánchez has promised to continue applying year after year, do not translate into a higher tax bill.
The program also includes the so-called 'Plan Sonríe', which provides direct aid of 200 euros for basic dental treatments such as fillings, root canals, or reconstructions, following the model of the Plan Veo for the purchase of glasses.