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PM says taxes will rise for big firms and rich
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PM says taxes will rise for big firms and rich

Pedro Sánchez said that some big firms currently manage to pay "under 10 per cent on profits"

SUR

Friday, 3 July 2020, 14:35

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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".

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