Tuesday 29 March 2011

Thems Greeks must be crazy!

Greece's present socialist government never ceases to surprise:
instead of clamping down on corruption or, at least, focusing on tax EVASION, it continues to attack the disposable income of those people who are taxed -- i.e. people who actually declare their income!
In other words, Greece's socialists are sinking the socialist state's hand deeper into the same pockets and not at all in any other pockets!

I don't get it: why don't they ask Greece's rich to contribute -- rather than bandy hooh-ha and hot air about getting "the bad guys", which they never will. There are probably only a few really bad guys in Greece... i.e. open, large-scale tax evaders. Excepting (allegedly) corrupt civil servants and Greek politicians of course.

In its latest recipe geared at pouring income into the state coffers, further taxation is planned for people earning over Euro 60k...
...Which means that people actually declare their earnings are called upon to carry more weight!

With less disposable money,and in many cases lower salaries, it should come as no surprise to Greece's Socialists that state income from indirect taxation, consumer spending, as well as direct taxes is going downhill: 22% lower in 2011 than the same period in 2010.

So what is the savings recipe for executives?

Simple:
a) make sure your declared income falls below 60k -- it makes no sense to waste corporate added-value (i.e. money your sorp will give you to hand over to Greek authorities) on Greek socialists playing at statesmen;
b) pack your bags, leave family in Greece for the time being and get a job less than 2hrs plane ride away (Bulgaria, Cyprus, Turkey, Albania, MEast),
c) pack your family bags and move your family to a normal country.

Here is a link to an on-line ticket office to reserve your aeroplane seats: aeroplanes

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