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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGreece recovers 1bn of the 8bn euros of lost tax
from BBC..
Greece has collected almost 1bn euros ($1.3bn; £830m) in back taxes, still a fraction of the amount outstanding.
The head of the European Union's Greek task force said the haul of 946m euros compared with about 8bn euros in uncollected tax revenues.
-snip-
As part of these bailouts, Greece has passed several austerity packages to reform its public sector and claw back tax that has never been collected.
Tax evasion is generally considered to be widespread in Greece.
http://www.bbc.co.uk/news/business-17398168
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My comments: Well, that is a step in the right direction. I suspect the vast majority of those lost taxes are from the wealthy and well-connected in Greece.
DCBob
(24,689 posts)I hope more people are thinking like you. Tourism revenue will help them out of this mess.
ProgressiveProfessor
(22,144 posts)Has been for generations.
fasttense
(17,301 posts)The New York Times had published the total owed to Greece in unpaid taxes (in dollars) and the number of people owing. It averaged over $400,000,000 for each person. Now it would take me over 26,000 years to rack up a tax bill that high. Even if half is due to fines it would take me 13,000 years to rack that up.
It is NOT the middle class and poor who owe all this money to the federal government. It is people like Onassis or the Waltons who owe almost all the taxes.