End of the exodus to the Liga?

The Zapatero government is proposing a tax rate hike from 24% to 43% for overseas players who earn more than 600,000 euros ($884,600) a year. Spain is reeling from the recession with 20% unemployment.

This will effectively end the "Beckham Law", named when the tax rates were amended in 2002 for the English midfielder to make it attractive for him and and other highly sought talent to come to the Liga.