Spanish Prime Minister Publishes Tax Returns to End Scandal

Spain’s prime minister published his tax returns on Saturday in a bid to quell reports he and other conservative politicians received secret cash payments but the opposition said many questions remain unanswered.

The government’s website posted tax authority documents detailing Mariano Rajoy’s income and tax payments from the past ten years. His ruling People’s Party (PP) also revealed four years of financial accounts on Friday, in another attempt to put the matter to rest.

The scandal, centered on ledgers supposedly made by a former party treasurer, have cut support for the PP to the lowest level on record and pushed up borrowing costs just as it seemed Spain was getting to grips with a financial crisis that had raised questions about the future of the euro zone.

via CNBC

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