The Spanish family economy: the survival of the young and the fiscal asphyxiation of the poor


Follow the election questions Spain is derechiza. In the mayoralty, the center and right-wing electorate requires more than 50% of them. The sociological explanation is partly economic.

Young people (under 35) have an economic past that they believe was better than previous generations. Los maduros are asphyxian fiscally.

For young people in their huge city “Los ingresos no dan” in a live setting like desean.

Total in high school and working less than 35 years. It is not possible to buy a house to become independent and make a home and the tenant has to be shared or it is impossible.

Please ask the IA that part of the money from the young person be allocated to the alquiler, the complaint is that it occurs 90% of the time. The number is undoubtedly exaggerated, but it gives an indication of what the youth community is.

In Imaginary Youth, only the privileged can earn a reasonable salary to live the way they think their fathers taught them

AI says that in their 20s, 70% of young people under 35 owned some type of property to live in, now it’s only 36% and falling. Feeling poor in life is depressing, what’s next?

In Imaginary Youth, only the privileged can earn a reasonable salary to live the way they think their fathers lived. For this, you need to have a university degree and probably have an MBA from a prestigious business school. MBAs who want to earn real money should look for jobs abroad.

Maduros own their lives. Between 35 and 44 years it is 60/65% and between 45 and 64 years it is 70/80%. But these days you pay the mortgage to make sure you own it.

To be able to pay off this mortgage easily, it must be above the median salary, which in this case is between 25,000 and 29,000 euros per year.

But if your salary is higher than what you would normally pay for your mortgage, IRPF, VAT, IBI, Tasas, gas etc. 50% or more of what is recorded in these numbers is recorded.

The solution for adults over 35 is to reduce their tax costs

Conclusion The middle class working for more than 35 years in a painful (IRPF, IBI, …) or painless way (IVA, gasoline, …) is suffocated by impuest. Are you aware of it or not?

The solution for many hard-working families to this fiscal strangulation is for at least two of them to work outside the home. Yes, no, it is impossible to survive before the tax burden on wages.

Young people and crazy adults bring their problems to the Sánchez government.

Young for agriculture, sad for fiscal suffocation.

The solution to young people’s approach to life is not help or assistance. This is about making a reasonable offer. If you don’t have to pay the price and the subsidy is taken by the seller when he sells.

The situation is such that in Madrid, for example, in 2025 there will be 246,000 people living outside it, working independently to meet a poorer life. Some work online, but many have to be more than 45′ away to get to the workplace.

The solution for adults over 35 is to reduce the tax burden, which is around 40% or more of their income (excluding social security costs).

With this in mind, no other solution seems possible.

Therefore, it is not surprising that it was called “derechización”. It is a defensive reaction against the politics of the incompetent. After 7 years, 8 years, in government, no youth, no fool suffers that the blame lies with the previous government.

Are 65-year-old mayors very happy? In some cases, the mitad votes in the current government. The day makes you conservative. But conservatism does not mean that quierda or derecha means maintaining the status quo.

It is strange that the PSOE has a lot of voter loyalty in this electoral region. Sánchez’s behavior regarding pensions is therefore not unusual.

** JR Pin Arboledas is an IESE professor.

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