Left-wing parties reach accords on key issues

Continuing their talks on points of mutual interest which could lead to governmental coalition, Marc Pons of the PSOE socialist party, Fina Santiago of Més (Majorcan socialists-nationalists) and Laura Camargo of Podemos have arrived at further agreements between the three parties. Key ones relate to income tax, the financing system for the Balearics and the cost of flights between the islands.
On income tax, the parties would introduce a more progressive system of income and wealth tax, though no levels of taxation have been mentioned; each party has tax experts detailing precise proposals. With regard to financing, the parties have noted that the Balearics needs a new model rather than the current one by which the region receives less than the Spanish average per capita income. Marc Pons says that this should be based on the principle of ordinality (which one takes to mean that the Balearics should receive financing from central government that reflects its position in terms of the level of tax revenues it raises - which are higher than the national average).
The parties also want the level of public investment central government supplies to the Balearics to be in line with the national average. As for the cost of flights, ones to the mainland have not been mentioned but for inter-island flights, the parties would seek to introduce flights costing 30 euros for both residents and non-residents: this was a proposal that PSOE had made in its “alternative text” related to the special regime for the Balearics that was announced by President Bauzá recently.