Andorra la VellaThe president of concordCerni Escalé, has defended a measure to combat real estate speculation in Andorra.
According to Escalé, it is necessary increase taxation on real estate capital gains to slow down what one considers artificial price increase market, which aggravates the social inequality.
The opposition leader argues that speculation creates a divide between those who have homes and those who do not, while the profits of speculators they end up being a burden on society.
Speculation on real estate is not permissible, because it artificially increases market prices and inequality”
Warnings from Andorra Ahead
In response to statements of Carine Montanerpresident of the parliamentary group Andorra Go aheadwho warned of a possible tax increase in the event of a coalition between Concordia and the PSEscalé clarified that his group wants to keep one reasonable taxation for companies.
In addition, he emphasized that his proposal would not affect the productive economy, but would concentrate on speculative activities, such as the real estate sector and structured products.
Escalé remarked that, as opposed to Andorra Go aheadwhich stands against the increase in taxes, concord believes that a fairer fiscal policy must fight inequality without harming business competitiveness.