Spain's Rajoy says taxes will come down gradually
MADRID Feb 2 (Reuters) - A tax reform due to be announced in the first quarter will bring about the gradual reduction of tax rates in Spain over the coming years, Prime Minister Mariano Rajoy said in a speech on Sunday to a national convention of the ruling People's Party.
The right-wing of his conservative party has been unhappy with Rajoy's hiking VAT rates and income taxes during the first two-years of his four-year mandate as the government struggles to shrink a huge budget gap.
- Israeli commandos clash with Hamas militants on Day 6 of Gaza offensive |
- Three dead, two wounded in Pasadena, California shootings
- Teen survivor of Texas shootings says slain family members 'in much better place'
- Rape and murder of 13-year-old spark debate in junta-ruled Thailand
- Israeli commandos clash with Hamas gunmen in Gaza raid