Barron’s: Spain To Slap Windfall Taxes On Banks, Energy Firms

This is what faux Socialst Parties do when they see themselves being wiped off the political map – but first then. It’s Piñata Time for the people again.

The Spanish government announces a windfall tax on energy sector and banks. Money to finance free train rides on short and medium distance trains, half price on long distance trains from Sept. to Dec 31, and a boost to the grants of 1 million students.

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