Sánchez proposes raising taxes on large real estate holders and aid to care for children under 8 years old

Sánchez proposes more taxes on large housing funds and a new benefit for paid care of children under 8 years old.

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Elecciones 29N · Encuestas

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Media a 15 de noviembre de 2026 · 16 institutos

  • PP31,4 %
  • PSOE27,0 %
  • Vox19,1 %
  • Frente Amplio6,5 %
  • ERC2,5 %
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Media del último estudio de cada instituto en 30 días y su evolución semanal desde el 23J. Partidos con al menos un 2 %.

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Elecciones generales del 29 de noviembre · Demócrata

ELECCIONES 29N

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The President of the Government and candidate for re-election, Pedro Sánchez, has said that the large housing-owner funds will face a higher tax burden and that a new benefit will be rolled out to provide economic compensation for the care of children under 8 years old.

These initiatives form part of the PSOE’s electoral program for the general elections on 29 November, as the socialist leader has detailed during a rally held this Sunday in Alcorcón (Madrid).

In his speech, he specified that he will apply "more taxes" to the large funds that keep homes empty, apartments intended for tourist rentals, or with prices "unaffordable for the middle and working class".

The new child-care assistance will consist of a benefit that will cover 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 ties of blood, but decide to establish a care relationship, "deserve to have rights".

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 made public previously.

Sánchez presents the first measures backed by 5,500 attendees

The head of the Executive presented this first block of proposals from the socialist program to around 5,500 people, among whom were several ministers as well as his parents, who typically do not take part in party events and on this occasion sat in the front rows.

At the start of the rally, Sánchez waved a flag of Spain and he himself gave the welcome to the event, an unusual gesture. "This is our flag, the one from the Constitution," he said, emphasizing that the national flag symbolizes equality, territorial diversity, and the defense of democracy by previous generations.