Brutal tax increase in the State Budget for Portuguese families

Nuno Magalhães, Euro deputy and CDS whip in parliament

The CDS criticizes the budget proposal for 2016 

as being "without credibility" or  any "political authority". 

The parliamentary leader of the CDS-PP, Nuno Magalhães, 

said today that the draft state budget for 2016 

has no "technical credibility" 

nor any "political authority" 

and expressed his conviction 

that an amending budget is on the horizon. 

"After the many different drafts, after the Budget, 

after the multiple erratas, 

sent to Brussels,

Portugal will still end up having an Amending Budget 

as early as in April. 

This is an important point that needed to be focussed on. 

It is these facts, which make this state budget, 

without any technical credibility 

and it has no political authority." 

said Nuno Magalhães.

At the request for clarification from the Prime Minister, António Costa, 

on the first day of the debate on the State Budget for 2016, 

Nuno Magalhães considered that the proposal lodged in parliament 

"is the exact opposite of what the PS were saying 

not during the election campaign, not a year ago, 

but as recently as a month ago."

Nuno Magalhães said that after "going to Brussels", 

the Government signed into the State Budget of 2016 

a considerable increase in tax revenue of over "1200 million euro"

due to the increased tax revenue planned for 2015, 

with tax increases on fuel, (more than 7cents per litre), 

on all ATM operations 

and repealing the family coefficient bonus.