Spain has more high-earning taxpayers than ever. In 2022, thanks to the positive evolution of corporate profits, a good showing by the economy and strong employment figures, the amount of people with an annual declared income of more than €601,000 grew by 25% compared to the previous year, reaching 15,186 individuals.
Still, this group accounted for only 0.07% of all taxpayers in the country
From 3 to 4 !
Now watch that wealth relocate to Portugal.
Taxpayers who earn €600,999:
(surprised pikachu face)
Lol as if half of them weren’t Airbnb owners strangling the house market for everybody else
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Spain has more high-earning taxpayers than ever. In 2022, thanks to the positive evolution of corporate profits, a good showing by the economy and strong employment figures, the amount of people with an annual declared income of more than €601,000 grew by 25% compared to the previous year, reaching 15,186 individuals.
Still, this group accounted for only 0.07% of all taxpayers in the country
From 3 to 4 !
Now watch that wealth relocate to Portugal.
Taxpayers who earn €600,999:
(surprised pikachu face)
Lol as if half of them weren’t Airbnb owners strangling the house market for everybody else
100 to 1000000 to 1250000
Meanwhile, inequality rises:
https://www.modaes.com/entorno/poblacion-en-espana-mayor-renta-media-pero-tambien-mas-desigualdad
https://www.lavanguardia.com/opinion/20240515/9644137/desigualdad-economica-espana.html
https://elpais.com/economia/2024-05-01/el-pago-de-dividendos-empresariales-crece-35-veces-mas-que-los-salarios-desde-2020-en-espana.html
We are being slowly boiled and we are smiling and not doing shit.
15k individuals out of 45m people, very relevant information yeah