Spain to announce tax hikes at cabinet meeting-radio

MADRID, May 20 (BestGrowthStock) – Spain will announce the details
of planned tax hikes on the wealthy at a cabinet meeting on
Thursday, national radio station Cadena Ser said, citing
government sources.

The tax hike, to be implemented on people with a net worth
of more than 1 million euros ($1.24 million), will be approved
within weeks and put into place by the end of the year, it said.

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(Reporting by Blanca Rodriguez and Tracy Rucinski)

Spain to announce tax hikes at cabinet meeting-radio