SPAIN NEARS IMPLOSION: Finance Minister Proposes Huge Tax, Businesses … – Business Insider
 Business Insider |
SPAIN NEARS IMPLOSION: Finance Minister Proposes Huge Tax, Businesses …
Business Insider Cristobal Montoro, the Spain's finance minister has made a liquidity destroying proposal to tax short-term financial transactions at an astonishing 56% tax rate. Businesses are already upset over hikes in the VAT and have threatened to leave Spain. |
