Housing and study aid, and tax cuts… How Portugal seeks to rejuvenate itself

Housing and study aid, and tax cuts… How Portugal seeks to rejuvenate itself

decryption – The new government hopes to stop the bleeding of hundreds of thousands of minds who left abroad twenty years ago due to the crisis.

Tax reform, housing and school assistance, and better physical and mental health support. By putting in place a package of measures aimed at Portuguese youth entitled “You have a future in Portugal” last Thursday, Prime Minister Luis Montenegro (Social Democratic Party, PSD, centre-right) is confronting the main demographic challenge of recent decades: out of work. The departure of his youth and the hope of sparking a return. The plan, which still needs to be approved by Parliament, where Montenegro does not have a majority, was presented after an extraordinary cabinet meeting held in Braga, one of the cities with the largest youth population in the country, by Montenegro itself and Minister of Youth and Modernization Margarida Balceró Lopes. .

The most important tax measure concerns income tax. Tax rates for residents under the age of 36 will be divided by three and a maximum rate of 15% will be set for…

This article is intended for subscribers. You have 80% left to discover.

Want to read more?

Unlock all items immediately.

Already subscribed? sign in

See also  Smart Europe assina acordo com ALD Automotive

You May Also Like

About the Author: Irene Alves

"Bacon ninja. Guru do álcool. Explorador orgulhoso. Ávido entusiasta da cultura pop."

Leave a Reply

Your email address will not be published. Required fields are marked *