FACUA Criticizes VAT Cut on Basic Foods: Consumers See Little Benefit
The secretary general of FACUA-Consumidores en Acción, Rubén Sánchez, has expressed strong criticism towards the measure of reducing VAT on basic foods, which will cease to be effective. According to Sánchez, the reduction has had a minimal impact on consumers, who have barely benefited from the measure. The VAT cut was initially intended to alleviate the financial burden on households, but FACUA argues that it has not achieved its intended purpose. With the measure set to expire, consumers are likely to face increased prices on essential items, further exacerbating the cost of living crisis. As the organization advocates for consumer rights, FACUA is calling for more effective solutions to support households and make basic foods more affordable. The reduction of VAT on food products is a complex issue, and FACUA's criticism highlights the need for policymakers to reconsider their approach to addressing the rising cost of living, including the implementation of measures such as food subsidies or price controls. By prioritizing consumer welfare, policymakers can work towards creating a more equitable and sustainable food system.