If Spain's July 23 general election yields a governing coalition of conservative and right-wing forces as polls suggest, the risk of social unrest, Catalan secessionism and tense EU relations over climate policies will increase, while a generalized tax reduction will be unlikely. Spain will hold a general election on July 23 that could mark the end of center-left Prime Minister Pedro Sanchez's government. According to a 40dB opinion poll for El Pais newspaper published on July 17, the main opposition party, the center-right People's Party (PP), will win the election with 32.9% of the vote, followed by Sanchez's Socialist Party (PSOE) with 28.7%, the left-wing Sumar with 13.7% and the right-wing Vox with 13.5%. According to the survey, PP will obtain 131-139 seats in Spain's lower house, while Vox will obtain 37-40 seats, which means a coalition between them may control the 176 seats that are necessary for a majority....