Quote:
Originally Posted by Goldberg Global
Spain needs to change.
1. Taxes
2. Socialist mindset
3. It is going down.
4. In 12 to 18 months, there will be some bargains, some real bargains.
5. The election is key, if the plonker Zapatero gets back in. Spain is really shafted.
6. If someone else gets in, still I see it is going to be a rough market. Unemployment rising.
7. Tax policies need radical reform. Too much is given to people who dont work.
8. A friend 30, just got laid off, he is paid his salary for 1.5 years on a livable salary.
No wonder taxes are so high, the social benefits are so high. There is no or little incentive to work, as you are taxed too much to give to people who dont work!
Where is the telephone number for living and working in Dubai..............
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1. Yes they need to come down considerably. Other markets offer much better tax incentives.
2. Explain please?
3. Definitely and big time.
4. Absolutely, especially on bank repossesions!
5. Why? As I see it the problem is one caused by external influences eg) US Sub prime.
6. Especially in the real estate and construction sector
7. I disagree see "8".
8. That is the key, he is only paid for 1.5 years, after that he will receive a period of what they call colloquially "the ayuda" - (the help). After that, nada , nothing, zilch. Your friend will have had to work for a fairly long qualifying period in order to have earned his unemployment benefit. Compare this to the UK where you can be unemployed indefinitely as you fall back on social security after your unemployment benefit runs out.