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The businessmen reject the increase of the SMI to 1,000 euros that the Government plans: “We are totally against”


The CÃrculo de Empresarios rejects the increase in the Interprofessional Minimum Wage (SMI) to 1,000 euros that the Government plans, and it also does so energetically. “We are totally against“, said this Monday the president of the organization, John de Zulueta, who also explained that the increase to 900 euros was already” a huge increase “that put in difficulties to” many companies “.

“Especially in sectors such as textiles and agriculture,” Zulueta continued, to later add that the Government “later made the mistake of raising it to 950 euros and we already saw the tractors on the street.” “There are many countries that operate without MIS, for example Italy. It is not necessary, and uploading it, uploading it and uploading it is damaging to many companies “, the president of the Circle said when asked about this question during the presentation of the assessment of the General State Budgets (PGE) for 2021.

The increase in the SMI to 1,000 euros is included in the Government agreement signed between Pedro Sánchez and Pablo Iglesias, but after the last increase to 950 euros it was a measure that, apparently, had been left on hold. However, in recent days, the Minister of Labor, Yolanda DÃaz, has referred to this increase and her intention to, in the coming months, negotiate it with employers and unions for a possible application in 2021.

Raising taxes: “A manual error”

In the press conference that he has offered with Juan MarÃa Nin, he is the president of the Economy and EU Working Group of the Circle, Zulueta has also referred to the increase in taxes that the Government contemplates in the accounts for next year. or. And he has not hesitated to affirm that it is “a manual error“.

Not a neighboring country is raising taxes. On the contrary, they are lowering them“Zulueta has deepened, to also warn that in a situation like the current one, in which” companies are sunk “, the Government” is not going to get more revenue. ”

In addition, the Circle considers that the projected tax increase has a “great ideological burden” and that, despite what the Government affirms, yes it will affect the middle class and lower incomes. This is exactly what the International Monetary Fund (IMF) pointed out last Friday when it pointed to the increases in VAT on sugary drinks or environmental figures, and to this Zulueta has added the tightening of the insurance tax.

The businessmen have also agreed with the IMF, as well as with the Bank of Spain and the Independent Authority for Fiscal Responsibility (AIReF), estimating that government projected revenue is “inflated” and that macroeconomic picture is “so optimistic that it is not real.” And all this has been accompanied by the warning that they are seriously concerned about the “normalization of a high structural deficit of about 75,000 million euros, around 6% of GDP”, a figure that, in his opinion, “it compromises the recovery.”


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