Spain's PP Party Proposes Tax Changes and Wage Growth Plan
Listen to the story
The Spanish party PP has a new plan for taxes.
PP wants to reduce the tax brackets for income tax. Income tax is called IRPF in Spain.
PP also wants to change these brackets every year. This is called deflation of tax brackets. It helps people pay less tax when prices go up.
PP also talked about wages. The party said it is easy to raise the minimum wage. The minimum wage is called SMI in Spain.
PP also wants to help raise average wages for workers.
Juan Bravo is a leader in PP. He said Spain needs to change its economic model.
He said the country needs a new way to grow its economy.
Vocabulary15 words
- tax bracket
- a group of income amounts that pay the same tax rate
- deflation (of tax)
- changing tax numbers each year so people do not pay more because of rising prices
- income tax
- money people pay to the government from their salary
- minimum wage
- the lowest pay a worker can get by law
- average wage
- the usual amount of money workers earn
- economic model
- the way a country makes and uses money
- economy
- all the money, jobs, and business in a country
- political party
- a group of people with the same ideas about government
- salary
- money a worker gets for their job
- government
- the group that runs a country
- plan
- an idea about what to do
- worker
- a person who has a job
- price
- the cost of something
- leader
- a person who guides a group
- grow
- to become bigger or more
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Quiz
Answer key
1. Reduce them and change them yearly 2. It is easy to raise it 3. A new economic model
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
The Spanish party PP has a new plan for _____.
PP wants to reduce the tax _____ for income tax.
PP also wants to change these brackets every _____.
This is called deflation of tax brackets to help people pay less _____.
PP said it is easy to raise the minimum _____.
PP also wants to help raise average _____ for workers.
Juan Bravo is a _____ in PP.
He said Spain needs to change its economic _____.
He said the country needs a new way to grow its _____.
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