Montenegro Unveils Ambitious Election Plan: Minimum Wage Boost to €1,100 and IRC Cut to 17%
Rtp1 month ago
940

Montenegro Unveils Ambitious Election Plan: Minimum Wage Boost to €1,100 and IRC Cut to 17%

Politics
psd
luísmontenegro
minimumwage
taxcuts
defenseinvestment
Share this content:

Summary:

  • Montenegro promises to raise minimum wage to €1,100 and average wage to €2,000 by the end of the term.

  • Plans for immediate tax cuts amounting to €2 billion, with €500 million next year.

  • Gradual reduction of IRC to 17% and 15% for SMEs.

  • Increased investment in defense without compromising social spending.

  • Focus on community policing and quick judgments for serious crimes.

PSD's Promises for a Stronger Portugal

Luís Montenegro, the president of the PSD, presented the electoral program of the Aliança Democrática (AD) coalition in a press conference at the Lisbon Congress Center. He assured the Portuguese that they can rely on the team spirit of a coalition that functions so well it seems like a single party, committed to serving the nation.

Economic Stability Amid Global Instability

Despite global instabilities, Montenegro stated that "Portugal is doing well", enjoying economic and financial stability, while criticizing the opposition for attempting to destabilize the country and pushing for early elections.

Key Election Promises

Montenegro emphasized the importance of responsibility and realism in governance. He reiterated commitments for the upcoming legislative elections on May 18, highlighting the achievements of the AD government in health and education while blaming public service degradation for unresolved issues in the past year.

  • Salary Increases: The program promises to raise the minimum wage to €1,100 (currently €870) and the average wage to €2,000 by the end of the next legislative term. There is also a pledge that no pensioner will earn less than €870 by 2029.
  • Tax Cuts: Montenegro announced plans for an immediate reduction of income taxes, particularly benefitting the middle class, amounting to €2 billion, with €500 million expected next year. The program includes a gradual cut in the IRC (Corporate Income Tax) to 17% and 15% for small and medium enterprises (SMEs).

Investment in Defense

Montenegro also revealed plans for increased investment in defense, aimed at stimulating the Portuguese economy without compromising public spending on social policies, health, education, and culture. He stressed that investment should not be confused with mere expenditure, focusing on creating related industries.

Combating Crime

The PSD leader proposed legal reforms to ensure that serious crimes are judged quickly and pledged to enhance community policing, particularly in urban centers.

Housing, Immigration, and Health

Regarding public housing, Montenegro aims to ensure funding for local housing strategies, targeting the construction of 136,000 new homes. He also called for stricter immigration rules to ensure decent housing and employment contracts for newcomers. On healthcare, he claimed that the National Health Service (SNS) is now more robust and efficient than a year ago, with plans to enhance maternal and child care services.

Montenegro concluded with a campaign mantra: "Portugal is doing well, but nothing is guaranteed, and the country cannot afford to stop."

Comments

0

Join Our Community

Sign up to share your thoughts, engage with others, and become part of our growing community.

No comments yet

Be the first to share your thoughts and start the conversation!

Newsletter

Subscribe our newsletter to receive our daily digested news

Join our newsletter and get the latest updates delivered straight to your inbox.

OR
PortugalToday.news logo

PortugalToday.news

Get PortugalToday.news on your phone!

Other Latest News

Record Number of Voters Register for Early Voting in Portugal's Legislative Elections

Record Number of Voters Register for Early Voting in Portugal's Legislative Elections

23 minutes ago
920
Massive Money Laundering Scheme Uncovered: €50 Million Funneled to China via Fake Companies

Massive Money Laundering Scheme Uncovered: €50 Million Funneled to China via Fake Companies

3 hours ago
830
CP Train Strikes Continue: No Services Expected This Friday Due to Safety Concerns

CP Train Strikes Continue: No Services Expected This Friday Due to Safety Concerns

2 hours ago
900
High Pollen Alert in Algarve and Beira Interior: Elevated Risk This Weekend

High Pollen Alert in Algarve and Beira Interior: Elevated Risk This Weekend

5 hours ago
910
Portugal's Electricity Prices Skyrocket After Suspending Imports from Spain Following Blackout

Portugal's Electricity Prices Skyrocket After Suspending Imports from Spain Following Blackout

1 hour ago
820
Chinese Network 'Laundered' €57.5 Million in a Year - Major Bust by Porto Police

Chinese Network 'Laundered' €57.5 Million in a Year - Major Bust by Porto Police

9 hours ago
820
André Ventura Faces Violent Protests from Roma Community in Braga

André Ventura Faces Violent Protests from Roma Community in Braga

8 hours ago
900
Bad Bunny Expands Lisbon Tour with Second Concert Due to High Demand

Bad Bunny Expands Lisbon Tour with Second Concert Due to High Demand

13 hours ago
810
Lisbon's Urban Art Festival Makes a Splash with Water-Themed Edition

Lisbon's Urban Art Festival Makes a Splash with Water-Themed Edition

14 hours ago
880
Justice Minister Accuses Political Manipulation in CP Strike, Questions Lack of Minimum Services

Justice Minister Accuses Political Manipulation in CP Strike, Questions Lack of Minimum Services

12 hours ago
800
Shocking Collision in Lisbon Leaves One Injured After Five-Car Pileup

Shocking Collision in Lisbon Leaves One Injured After Five-Car Pileup

11 hours ago
830
Lisbon's Urban Art Festival Returns with a Splash: Celebrating Water in the City

Lisbon's Urban Art Festival Returns with a Splash: Celebrating Water in the City

17 hours ago
840
Alentejo and Algarve Secure Water for Two Years, But Urgent Hydraulic Works Needed

Alentejo and Algarve Secure Water for Two Years, But Urgent Hydraulic Works Needed

10 hours ago
930
Lisbon City Council Accused of Violating Electoral Neutrality with Institutional Advertising

Lisbon City Council Accused of Violating Electoral Neutrality with Institutional Advertising

6 hours ago
840
Deep Divisions in Vatican Conclave Could Shape Future of Catholicism

Deep Divisions in Vatican Conclave Could Shape Future of Catholicism

18 hours ago
800
Former Altice CEO Alexandre Fonseca Named as Suspect in Corruption Probe

Former Altice CEO Alexandre Fonseca Named as Suspect in Corruption Probe

21 hours ago
960
Energy Border Closure with Spain Costs Portugal Over €17 Million - What's Next?

Energy Border Closure with Spain Costs Portugal Over €17 Million - What's Next?

22 hours ago
980
Madeira Archipelago Under Yellow Warning for Rain This Saturday

Madeira Archipelago Under Yellow Warning for Rain This Saturday

20 hours ago
1000
Massive Drug Bust Off Algarve Coast: 876kg Seized in Maritime Operation

Massive Drug Bust Off Algarve Coast: 876kg Seized in Maritime Operation

23 hours ago
1020
Montenegro Addresses Partisan Influence in CP Strike and Considers Legal Changes

Montenegro Addresses Partisan Influence in CP Strike and Considers Legal Changes

19 hours ago
870
Bad Bunny's Lisbon Concert: Ticket Sale Times Revealed!

Bad Bunny's Lisbon Concert: Ticket Sale Times Revealed!

1 day ago
950
Lisbon Derby Forces Early Closure of Dozens of Establishments

Lisbon Derby Forces Early Closure of Dozens of Establishments

1 day ago
920
Trovante Set to Reunite for Two Unforgettable Nights in Lisbon and Porto

Trovante Set to Reunite for Two Unforgettable Nights in Lisbon and Porto

1 day ago
920