Sunday, October 20, 2013

Tax Sunshine: Spain govt's bright idea to tackle energy debt (VIDEO)

The number of people living in extreme poverty in Spain has doubled in just five years - according to a new report from charity groups there. Around three million Spaniards now have to survive on under 307 euros per month, while the cost of living continues to climb.

That's as the number of families where not one person is employed, has gone up five-fold since the start of crisis, that's 1 point 8 million households.

And now the Spanish government is set to become the first in Europe to tax something that's been free and available to everyone since the dawn of time - sunlight. Madrid wants to impose a levy on solar power, to help plug its yawning energy debt, as Sara Firth reports.

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