And let's not forget that Spain is already taxing the rich like crazy. As in: insane crazy. In quite some Spanish regions (not in Madrid, where the tax exists technically but is reduced by 100% so far) there's a yearly tax on wealth that can go as high as 3.5% of your entire net worth. To be paid. Yearly.
You're worth more than 1.3m? Anything above that is already taxed at 1.3 to 1.6% yearly. You're really rich? Be ready to gift 3.5% of your wealth yearly to the spanish state.
There's one million millionaire in Spain, already taxed like mad. I don't know if they could be taxed even more to give that 20K bonus.
One million millionaire to give 20 K to how many million of people? There are, what, about one million people turning 18 each year in Spain? (quick ballpark computation, one official source seems to say its closer to 500 K people turning 18 each year).
So let's take 500 K people turning 18 each year and one million millionaire. This means taking 10 K EUR, yearly, from each millionaire, to hand over to the 18 years old.
Sounds a bit unrealistic to me but then I'm not a politician begging for votes in the upcoming spanish elections.
You're worth more than 1.3m? Anything above that is already taxed at 1.3 to 1.6% yearly. You're really rich? Be ready to gift 3.5% of your wealth yearly to the spanish state.
There's one million millionaire in Spain, already taxed like mad. I don't know if they could be taxed even more to give that 20K bonus.
One million millionaire to give 20 K to how many million of people? There are, what, about one million people turning 18 each year in Spain? (quick ballpark computation, one official source seems to say its closer to 500 K people turning 18 each year).
So let's take 500 K people turning 18 each year and one million millionaire. This means taking 10 K EUR, yearly, from each millionaire, to hand over to the 18 years old.
Sounds a bit unrealistic to me but then I'm not a politician begging for votes in the upcoming spanish elections.