surinenglish

PM says taxes will rise for big firms and rich

 PM says taxes will rise for big firms and rich
/ EP
  • Pedro Sánchez said that some big firms currently manage to pay "under 10 per cent on profits"

Prime Minister Pedro Sánchez, said in a television interview on Thursday that he is planning to increase taxes for larger companies and higher earners.

He explained that public services needed strengthening.

"We are seven [percentage] points behind in public income than the EU average," he explained.

He added that some big firms currently manage to pay "under 10 per cent on profits".