Awaiting for the effects of the tax reform

According to Secretary of State for Finance, Miguel Ferre, a likely reduction of the VAT or other taxes is not ruled out, but is necessary to wait, to see and to analyze how the effects of the tax reform will progress this year. The secretary noted that tax collection has grown by 4% in the first months of the year compared to the period 2014 Ferre says that the ideal tax burden is between 38% and 39% of GDP, which is already getting. He also mentioned that once regional elections finish, it will begin the dialogue about the financing system and analyze the national taxes and regional taxes.