Rubalcaba: I will outlaw paying bills over 3,000€ in cash

Seriously. This is the PSOE candidates answer as to how he will clamp down on fiscal fraud, and bring Spain out of the recession.

He’s going to outlaw paying cash for invoices worth over 3,000€.

Says it all, really. If it wasn’t such a serious matter, I’d be laughing. (part of his q&a session on Twitter).

Meanwhile, AFES, the association for families affected by embargoes, warns that 1 out of every 5 Spanish families who took out a mortgage between 2004 and 2008 are at a high risk of defaulting, due to the current economic crisis, and says it expects anything up to 700,000 homes to be repossessed by 2013.

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5 Replies to “Rubalcaba: I will outlaw paying bills over 3,000€ in cash”

  1. Tis a pity you can be so utterly negative about your adopted country at times. I’m sure this isn’t the only thing he’s suggesting and, if you read between the lines, it’s obvious that it’s designed both to stop tax fraud and some sorts of back-handers. Not that on it’s own it’ll be 100% successful but at least it’s something – or do you have others suggestions?

  2. Oh, please. Papa Pitufo, as he’s known behind his back, has been in and out of positions of extreme power in Spain for the last 20 years, and this is the best he can come up with when he’s put on the spot?
    His position has always been that the average citizen is trying to rip off everyone else, and that the state needs to meddle in the most basic of human transactions.

  3. Hmmmm…. Stuart, maybe if tax fraud is of such a concern, he should start by targeting Big Business and their CEO´such as Botin etc… what do you think ?

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