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Spanish Rich Poor Gap Widening

By Prensa Latina

Madrid : The gap between rich and poor is broadening in Spain, with a tenth of the richest earning more than the poorest 60 percent, an official report released in Madrid confirmed.

The figures are contained in a document from the Institute of Fiscal Studies, attached to the Ministry of Economy and Treasure, released by Insurgent on-line edition.

The study was carried out based on income tax returns for the period 2001-1004 made before the fiscal entity.

This trend is expected to prevail in 2005-2007, regardless of the party that wins elections in March or the figure at the helm of the government, according to experts.