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Tuesday 16 October 2018

It's getting worse.

We all know they were a bit out of their minds in the loony left, but now they've definitely gone crackers. Pedro Sánchez, the magician that ended the Mediterranean migrant crisis by harbouring the Aquarius, has reached an agreement with Iran-funded neo-Commies Podemos on the General State Budget for 2019—which is still to be passed in Brussels and Madrid—whereby they've resolved to artificially raise the Spanish minimum wage up to €900 a month. The good news is that those that work for others will earn more, as though they lived in Switzerland or Luxembourg. The bad news is that this is post-recession Spain—let's not forget—and only big companies will be able to stand such a policy. Not sure about the newsagent's around the corner.

But what's more, since the minimum wage is linked to the self-employed social security contributions, these—which had already risen in the Rajoy era—will equally go through the roof. Most of us, freelancers, currently pay a monthly amount of €278 for social security, which is unthinkable in any other European country; but, from January 2019 on, we'll be made to pay the ridiculous amount of €314 a month [!!!] should we earn an income higher than €900. And, on top of that, little is known about what's going to happen with those that can't make as much money as the new minimum wage figure. There exist two options: to be exempt from paying, which translates into not having a pension after retirement, or pay a cheaper amount, which implies contributing for a poorer pension. The latter is, of course, the least bad option for those of us who dislike wasting our time and wish to keep contributing while seeking for a better source of income.

In my case, a miserable freelance linguist: should I teach foreign languages privately, I'll probably be exempt from contributing and, simultaneously, assume the consequences of it. Nevertheless, should I get to translate something or teach a course, I'll be made to pay €314 a month for my work instead of using that money for paying rent or investing in myself and my property. It's like being given a fine for... Working! 😰


From Pixabay. Free of copyright.

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