Tax hikes and accounting cosmetics in public accounts

Published on May 14, 2026 | Translated from Spanish

The government has announced new tax increases that hit the middle and working classes hard, justifying them as necessary to increase revenue. However, a detailed analysis reveals that public accounts are sustained by accounting tricks: non-recurring extraordinary income and the postponement of mandatory expenses. This allows the real deficit to be disguised, raising doubts about medium-term fiscal sustainability.

An unbalanced fiscal scale: one side with coins labeled 'taxes' crushes a stooped middle class, while the other side, with makeup and a mirror, hides expenses and debts under a rug.

Tax automation: the new Treasury software 🤖

The Tax Agency has implemented an artificial intelligence system to cross-reference data in real time, detecting discrepancies in declarations from self-employed workers and SMEs. This technological development, based on machine learning algorithms, allows fraud patterns to be identified with greater precision. However, experts point out that the tool focuses on small taxpayers, while large fortunes and corporations continue to benefit from legal loopholes. The system's efficiency depends on data transparency, something that is still under debate.

The art of juggling the deficit 🎩

It seems the Treasury has hired a magician. The recipe is simple: raise taxes on those who work, sell some public asset as if it were a Wallapop bargain, and defer payments until no one remembers. The result is a deficit that looks smaller, like when you suck in your gut for your ID photo. Sure, the middle class pays for the joke while the government boasts about the numbers.