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Spain Studies Scrapping Tax Deductions in Budget, El Pais Says

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March 18 (Bloomberg) -- Spain’s ruling People’s Party is studying scrapping some tax deductions and accelerating payments in preparation for the 2012 budget to be presented March 30, El Pais said, citing unnamed officials at the Budget Ministry.

To contact the reporter on this story: Angeline Benoit in Madrid at abenoit4@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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