Il wants “less taxes, more wealth” Funchal News Madeira News – Information from everyone for everyone!
The liberal initiative, in its electoral statement, submitted to the legislative bodies on May 18, a series of proposals aimed at establishing a more, simple and competitive regional financial system. The party wanders in the slogan “less taxes, more wealth”. Reducing the tax burden is essential to attracting investment, creating job opportunities, increasing wages, and improving the quality of Madeirans’s life.
The proposed measures aim to respond to the characteristics of the independent region in Madeira, which enhances its economic attractiveness in the European field and ensuring more freedom of choice and more income for companies and families.
The liberal initiative suggests Madeira as a low tax area, with IRC, IRS rates and value -added tax lower than what applies in the general European Union, and review the regional finance law, in order to allow the establishment of a regional financial system, which was adapted to the needs and characteristics of the region and changed, which makes it more competitive, in particular, both for competition, in particular. Technologies. Information, communications, green economy and blue economy.
For JOãO CôRTE Fernandes, head of the liberal initiatives list by Madeira, “the comparative experience (Ireland, Malta and Cyprus, among other countries) shows that tax competitiveness is the main factor in developing island economies in regions in regions in regions in regions in regions in regions in regions in regions in regions in regions in regions in regions in Regulations in the regions of the regions in the regions of the regions in the regions in the regions.
Therefore, he concluded that “the European Union treaties recognize this evidence, provided that the extreme extremist areas adopt specific measures on financial policy and state aid. It is exactly what we say, that is, allowing the regional economy to diversify, to reduce excessive dependence on tourism and increase salaries.”
