Palma07/07/2020 03:21
The Spanish government of Pedro Sanchez has said that they will be raising taxes and the super-rich will be targeted. Cash is running low after massive expenditure during the coronavirus lockdown. With the majority of Spanish companies feeling the economic pinch, the government desperately needs cash...and it will be the rich who will be footing the bill...at least is the theory.
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Raising the minimum wage won’t cost the government a penny short term. It will cost them in dole payments when businesses start sacking people because they can’t afford the increased wages PLUS increased social costs, which will, in the short term, benefit the governments coffers.
Jason, you just sum up why socialist governments suck. They have no clue how to balance books and can only take money "from the rich" and the working man, rather than getting the country to generate its spending money. At the next elections, Pedro and his comrades will be held accountable and we will never hear from them again.