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Technicians in the Finance Ministry have revealed that the fiscal measures approved yesterday in the new budget for 2011, will will cost the people of the Valencian Community an additional 32 million Euros annually in taxes.Nationally this will mean an average increase of 2,603 Euros in taxes per person, and the taxes levied on incomes of more than 120,000 or 175,000 Euros annually would affect over 156,000 people.
Courtesy the Valencia Life Network.
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