Public economy and taxation
Two lines of research are contemplated under this section: on the one hand Taxation and on the other, the Public Economy and Well-being.
Funcas’studies on Taxation are aimed at rigorous analysis and its impact on the economic environment in general, paying special attention to the Spanish tax reality. To achieve this, the unit develops and enhances the study, both theoretical and applied, of tax issues and their impact on economic reality. In this sense, it is a platform from where quick answers to the questions that are usually asked in the study of tax reforms, present or future – tax impact, distributive effects, efficiency costs, social welfare – are offered, with agility and rigor. On the other hand, it also offers comparative analyzes of the Spanish economic reality with respect tosurrounding countries in order to identify weaknesses, inefficiencies and proposals for improvement.
The research on Public Expenditure, Economic Regulation and Well-being aims to promote and develop the analysis of public sector intervention in market economies, with special attention to the set of actions that make up the social welfare system, taking as a main reference the Spanish and European reality. The work program therefore includes aspects related to the regulation of markets, the finances of public administrations and, in particular, the examination of the objectives and instruments of social policy, their consequences on economic growth and social cohesion, and the relations between the public, private and non-profit sectors.
Highlighted
Artículo
Estimating the impact of inflation on Spain’s tax burden: The hidden effects of fiscal drag
Fecha:
April 2025
Inflation has increased Spain’s tax burden by eroding the real value of tax allowances and pushing taxpayers into higher brackets. The lack of systematic indexation has disproportionately impacted middle-income earners, raising questions about the fairness and sustainability of current fiscal policy.
Artículo
Estimación de la progresividad en frío del IRPF por niveles de renta en el periodo 2021-2024
Fecha:
March 2025
Este artículo estima el efecto recaudatorio resultante de no indexar las principales desgravaciones que operan en la base del IRPF, mínimos personales y familiares y reducción por tributación conjunta.
Tras las elecciones celebradas recientemente en Alemania, los partidos clásicos CDU y SPD —que probablemente conformarán en coalición el próximo Gobierno han acordado un paquete financiero que incluye, entre otras medidas, un fondo para infraestructuras de 500.000 millones de euros o la exención del gasto en defensa del límite de deuda constitucional. Las medidas han sido ampliamente respaldadas por expertos y organizaciones y, aunque la deuda pública sufriría un incremento importante, son abordables dado el amplio margen fiscal del país. El importante giro de la política económica es la respuesta de Alemania a la crisis económica y los riesgos geopolíticos actuales.