Spain to introduce tax on rich in next f…
MADRID, May 26 (Reuters) – Spain’s direction will impose a tax on high earners in the next scarcely any weeks, Prime Minister Jose Luis Rodriguez Zapatero said on Wednesday.
‘I’ve reported we will ask for a greater effort from the higher earning citizens in our rude … in the next few weeks,’ Zapatero said during a parliamentary sitting.
He declined to give more details.
Last week reports suggested the form of sovereignty would introduce a tax on people with a net worth of 1 the great body of the people euros ($1.23 million). The move would be in addition to a 15 billion euro asceticism package aimed at cutting Spain’s budget deficit.
(Reporting by Manolo Ruiz; title by Nigel Davies) ($1=.8139 Euro) Keywords: SPAIN TAX/
(nigel.davies@thomsonreuters.com; +34 91 585 21 58; Reuters Messaging: nigel.davies.reuters.com@reuters.trap )
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