Fiscal Justice Proposals for the Upcoming Electoral Cycle

• With the 2027 electoral cycle approaching, civil society organizations are urging political parties to prioritize fair taxation as a core mechanism for social justice.
• The 'Plataforma por la Justicia Fiscal' argues that fiscal policy is essential for ensuring basic rights and mitigating systemic inequality.

Key Tax Reform Priorities

• Progressive Wealth and Income Taxation: Wealthy individuals currently pay a lower effective tax rate than the average citizen; data from FEDEA shows the top 1% face a total tax burden of 24.1%, compared to 38.9% for the 9% just below them.
• Inheritance and Asset Taxation: Since inheritances account for 70% of existing inequality, implementing a robust tax on large inheritances and strengthening wealth taxes are critical.
• Corporate Taxation: The minimum effective tax rate of 15% must be consolidated and tax incentives that facilitate tax evasion for large firms must be eliminated.

Broader Policy Implications

• Financial and Green Taxes: Strengthening taxes on financial transactions to curb speculation and implementing green taxes on polluting luxury consumption.
• Global Coordination: Redesigning the international tax system to ensure companies pay taxes where they generate value and sanctioning the use of tax havens.
• Housing and Regional Finance: Shifting housing tax incentives away from speculative investment toward the development of a public rental housing stock, while reforming regional financing to address territorial inequalities in essential services like education and healthcare.