Spain's Rajoy says will cut income tax, to take effect in 2015

MADRID Mon Jan 20, 2014 3:16pm EST

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MADRID Jan 20 (Reuters) - Spain's Prime Minister Mariano Rajoy on Monday said he will announce this year a cut in income tax that will take effect in 2015.

Asked in a television interview if he would cut income tax this year, Rajoy said: "Yes, but it will take effect in 2015. This is a yes because it will be approved this year."

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