Sumar apunta a los ultrarricos y propone un nuevo impuesto para patrimonios de más de 50 millones

Sumar aims to impose a new tax on the ultra-rich in Spain, targeting wealth holdings exceeding 50 million euros. The minority partner in the government has filed a proposal in the Congress of Deputies, introducing a levy named the "gravamen on wealth concentration." This tax would charge 3% on the portion of net wealth surpassing the 50 million euro threshold.

The revenue generated from this tax would be channeled into a state fund designed to provide universal childcare support. This initiative aligns with Sumar's priority of economic assistance for families, a key negotiation point during the budget talks with the PSOE. Formally initiated on Wednesday, the dialogue began with a meeting between Finance Minister Arcadi España and Culture Minister Ernest Urtasun, who has emerged as a prominent negotiator in recent months.

As the general election campaign intensifies, the intricate parliamentary arithmetic, coupled with Junts' significant distance from the executive and the stringent deadlines for enacting a new law under this legislative term, significantly hampers the likelihood of this proposal becoming law before the elections.