A tax hell in sight? Europe cuts taxes while Spain opts for hikes
There is a sudden push to cut taxes in the US and Europe, although the Spanish government is preparing to increase taxes here, particularly for companies.
spain tax hikes
Spain’s Tax System Sometimes Borders On Confiscation
A few weeks ago Spanish soprano Ainhoa Arteta let loose and made some harsh comments to the press, complaining that the Inland Revenue is “crushing” her with taxes. And once again everyone is betting the government will implement tax hikes to provide a solution for the 5 billion euros imbalance in the public deficit and comply with the 3.1% target demanded by the European Commission.