Yolanda Díaz demands from the PSOE a “Trump rate” of 15% so that large technology companies pay taxes in Spain

The second vice president and Minister of Labor, Yolanda Díaz, indicated this Monday that, within the framework of the budget negotiation, she will demand that the PSOE a “Trump tax” so that large technology companies pay taxes in Spain. “Let them come down from the cloud and go through the Treasury,” said Día, who considers “what they do to be a mockery.”
The leader of Sumar wants to guarantee “fair” competition with Spanish companies and has referred the details of this tax to the proposal that Sumar makes to the PSOE to negotiate the PGE. Some of these details were revealed shortly after by the general coordinator of Sumar, Lara Hernández: The rate would be 15% and would allow us to raise around 1.1 billion euros to finance our own technology. Hernández said at a press conference, before defending that this is a measure of fiscal justice “in the face of a sector that has operated without rules for years and that has had great benefits operating with population data.”
“What cannot be is that five ‘big tech’Alphabet (Google), Amazon, Apple, Meta (Facebook) and Microsoft— do not pay taxes in our country, do not pay them in Europe and do not pay them in the world. That is, what we are going to ask them is to come down from the cloud and go through the Spanish Public Treasury,” Yolanda Díaz stressed during her speech at the ‘Metafuturo’ conference organized by Atresmedia.
The second vice president has indicated that Self-employed workers in Spain pay between 15% and 18%, and large companies pay an average of 7%.. “But the big technology companies are making a mockery of what they do with the Spanish and the Europeans. Therefore, we are going to demand that ‘Trump tax’ in the negotiation with the PSOE, because they have to pay taxes,” Díaz stressed.
Díaz has also asked the European Union to regulate algorithms and AI and “not put itself at the service of Trump.” “Trump is not stupid, he is not (…) he does what he does for the interests of his technology companies“said Díaz. The president of the United States has put the State at the service of five large technology companies, added the vice president, who describes the current situation as a “technological cold war between the US and China.”
“Whoever wins this battle will dominate the world“Added Díaz. Faced with this, the vice president has advocated for Europe to develop transparent and open source AI. “Europe must do it,” she claimed.
