The president of the Community of Madrid, Isabel Díaz Ayuso, announced this Wednesday that her Government will present a new law of financial autonomy that serves to protect the fiscal policy of the Community of Madrid.
At the end of the weekly meeting of the Governing Council, the ‘popular’ leader made the announcement through her social networks, where she explained that it will be “a right of citizens to know how the regional administration spends money from your taxes.
As explained by the spokesman for the Government of Madrid, Enrique Ossorio, at the press conference after the meeting held at the Royal Post Office, what has been approved today is the authorization to the Ministry of Economy, Finance and Employment to raise the draft law to the transparency portal, for public consultation defense of the financial autonomy of Madrid.
According to the doctrine of constitutional Court, Ossorio has pointed out, when a community has powers transferred from the State over ceded taxes, it cannot be transgressed, that is, “it cannot be that the tax laws of the Community of Madrid on ceded taxes are not debated in the Vallecas Assembly and they are debated by the Government of Spain or other political formations ».
«This law is very important because it is going to collect that doctrine of the Constitutional Court and it is going to establish the Citizens’ right to know how the Administration is spending those taxes that they pay with so much effort», Has affirmed the spokesman of the Madrid Government.
With this law, the Madrid Executive takes a further step in tax matters after announcing two weeks ago that it will abolish all the region’s own taxes, thus making Madrid the only autonomous community of the common regime in not having its own taxes.
We are going to present a financial autonomy law that protects the fiscal policy of the Community of Madrid.
It will be a right of citizens to know how the regional administration is spending its tax money. Transparency and efficiency.
– Isabel Díaz Ayuso (@IdiazAyuso) September 15, 2021