[arista]

This is clever
to stop, those young workers
moving abroad to work.

This was debated early Live on GMBHD itv



[Portuguese government is to slash taxes
for people aged 35 and under,
in an attempt to dissuade young people
from emigrating and encourage foreigners
to settle in Portugal.

As part of the budget presented to
parliament on Thursday,
the centre-right government of
Prime Minister Luís Montenegro
is aiming to reduce income tax
for young people.

People earning the average salary of just
under €20,000 (£16,700) currently
pay a 26% rate of tax on the money
they earn over about €16,500.
Under the government's plan, those aged 35
and under who earn up to €28,000 (£23,400)
would pay nothing at all in tax
for the first year.
The tax burden would then
progressively increase
over ten years.

The measures would also apply to foreigners.
They are the result of a compromise
between Montenegro's
Democratic Alliance-led government
and the Socialist Party (PS),
which originally came up with
the proposal earlier this year.

In recent years, foreigners have
flocked to Portugal,
lured by its affordable rents,
mild weather and natural beauty.

In the capital Lisbon and the
Southern Algarve region,
the number of so-called "digital nomads"
has shot up. Their high salaries have
driven rents up considerably - often pricing
out local Portuguese.
Low salaries in Portugal are also an issue.
The minimum monthly wage is
€870 (£727) and, at €1,640, the average
monthly salary is one of the lowest in Europe.]


https://www.bbc.co.uk/news/articles/cm2yrx8yny2o

[UserSince2005]

Still better off moving to London