The mismatch between personal income tax and the rise in prices and wages yields an average surtax of 240 euros for each Madrid resident compared to the 199 euros national average. The deflation announced by Ayuso will reduce the fiscal pressure on those who do not achieve a salary increase.

The announcement by the president of the Community of Madrid, Isabel Díaz Ayuso, that she will deflate the rate of all regional sections of personal income tax for 2023, in order to “avoid a hidden tax increase”, makes the autonomous community the pri