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Spain plans tax hike for millionaires to help those in need

Summary by Ground News
Spain's Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year. The expected increase in tax revenue will be used to alleviate hardship brought by higher prices for energy and food. The current top rate of income tax, for those earning more than 300,000 euros ($293,000) a year, is 47%.
Spain plans tax hike for millionaires to help those in need
9 days ago·Madrid, Spain

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The IndependentThe Independent

Spain plans tax hike for millionaires to help those in need

Spain’s Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year

9 days ago·London, United Kingdom
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abc Newsabc News

Spain plans tax hike for millionaires to help those in need

Spain’s Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year

9 days ago·United States
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Associated Press NewsAssociated Press News

Spain plans tax hike for millionaires to help those in need

Spain’s Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year, in addition to its windfall taxes on large energy companies and banks.

9 days ago·United States
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Independent.ieIndependent.ie

Spain’s government plans temporary higher tax rate for richest 1%

Spain’s Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year, in addition to its windfall taxes on large energy companies and banks.

9 days ago·Ireland
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KVIAKVIA

Spain plans tax hike for millionaires to help those in need

MADRID (AP) — Spain’s Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year. That is in addition to its windfall taxes on large energy companies and banks. Socialist Prime Minister Pedro Sánchez said Friday the change is meant to help fund the welfare state amid hardship brought by higher prices for energy and food. The annual inflation rate climbed to 10.5% in Spain last month…

9 days ago
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MY NorthwestMY Northwest

Spain plans tax hike for millionaires to help those in need

MADRID (AP) — Spain’s Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year, in addition to its windfall taxes on large energy companies and banks.“We are proposing a redistribution of the effort, among those who have the most, to fund the welfare state, which is everybody’s,” Socialist Prime Minister Pedro Sánchez said in a speech Friday.Finance Minister María Jesús Montero sa…

10 days ago·Tacoma, United States
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Bias Distribution

43% of the sources are Center
The Independent
abc News
Associated Press News
Irish Examiner
The Journal
KVIA
Deutsche Welle
News 4 JAX
Click on Detroit
Wral News
KHON2
+1
Independent.ie
MY Northwest
Vancouver Sun
L 36%
C 43%
R 21%
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