IRPF Deflation: Proposal for Middle and Low Incomes in Canaries

A political representative advocates for a selective and socially beneficial IRPF deflation to mitigate inflation's impact on Canarian families.

Generic image of a hand with a pen over financial documents, symbolizing fiscal policy.
IA

Generic image of a hand with a pen over financial documents, symbolizing fiscal policy.

A senator from the Gomera Socialist Group (ASG) has advocated for the implementation of a “fair, selective, and socially useful” IRPF deflation, targeting middle and low incomes to alleviate the impact of inflation on families in the Canary Islands.

The political representative emphasized the importance of this measure to prevent taxpayers from paying more taxes without a real increase in their purchasing power. He noted that when wages rise nominally but not in real terms, the tax system can particularly penalize those with less financial flexibility.

"When wages rise in nominal terms, but not in real terms, the tax system ends up especially penalizing those with less margin."

a spokesperson for the Gomera Socialist Group
The proposal includes urgently applying IRPF deflation to all incomes below 60,000 euros annually, arguing that this segment represents the social majority and where a fiscal measure would have a real and immediate impact. Emphasis was placed on the need to introduce progressive criteria, as not all incomes suffer equally from the effects of inflation.
As an example, the experience of the Canary Islands was cited, where since 2022, a selective IRPF deflation has been applied for middle and low incomes, complemented by specific family deductions. This initiative, supported by the ASG, has demonstrated the feasibility of designing effective policies to protect the most vulnerable sectors.
Furthermore, the need to establish a specific IRPF reduction for the islands of La Palma, La Gomera, and El Hierro has been reiterated. This measure aims to address the economic and territorial specificities of these islands, which face structural disadvantages such as remoteness and fragmentation, in addition to the consequences of the volcanic eruption in the case of La Palma. It is believed that fiscal policy should act as a tool for cohesion and economic stimulus, contributing to population retention and economic revitalization.