The Spanish government has decided to impose a wealth tax that will affect 160,000 people and raise up to $1.48 billion per year. This is one of those things that shows how politicians will make decisions that immediately affect people, forcing them to pay for years of mistakes and incompetence by their nation's leaders.
This sort of measure has immediate effect on people who are still trapped inside.
If you see the writing on the wall, but keep kicking the can down the road instead of taking action, take heed:
You can wake up tomorrow to a different reality... Just like 160,000 people in Spain who were caught off guard.