I feel sorry for Spanish people.
"They" have plans to do this everywhere, including the US and UK.
Yep, as far as I know legislation has already been passed for all Europpean governments to put their hand into peoples bank accounts so there doesn't need to be a repeat of the emergency measures of Cyprus. It was proposed as beginning in 2016 but moving it forward is a whole lot easier than getting it through and that's nice, comfortable, far away date.
UK law coming in soon is that if someone has over £5k in their bank and they have not paid their tax, HMRC can take th funds out... even without a court order.
Yes and that sounds very much like a nice, easy to digest "its only the tax evaders they're after" to make it more acceptable. I bet it will be less than 12 months before it can affect anyone and everyone once the need for a court order is sidestepped with this.
What in the world is going on ? This seems to be the first time in history, governments gone wild
trying to rape bank accounts of the citizenry.
I had always assumed there was a fairly clear line in the sand, and the government
doesn't cross that line unless there are extreme circumstances...and if the government
starting losing their trust, people would start mattress stuffing and not use banks, etc.
Maybe now they are just saying to hell with it? or what... i dunno.