Greek citizens face a major tax burden, with a European Commission survey revealing that the burden climbed to 65.7 billion euros in 2016, from 64 billion euros in 2015.
According to the European Commission’s figures, the tax burden increased to 37.6% of the GDP in 2016, from 36.4% In 2015 and 35.5% in 2014. The figure is expected to drop to 37.5% in 2017 and 36.8% in 2018, when the GDP is expected to by 3.6% and 4.3% respectively.
However a series of tax hikes are expected in January, which may affect these predictions. The tax hikes on fuel, tobacco and e-cigarettes, coffee, telecommunications as well as the VAT hike on the islands are coming into effect in 2017. (via ToVIMA)
Tax burden in Greece for 2016 amounts to 37.6% of the GDP
PS But before taxes decrease in 2017 and 2018, they will increase in 2017 – psycho killer Qu’est-ce que c’est
Fa-fa-fa-fa-fa-fa-fa-fa-fa-far better
Run run run run run run run away oh oh
Tax in Greece, in the memorandum years, is a mechanism to transfer property from citizens to the state and the banks, and from there to the German economy via real estate companies, hedge funds, German bank accounts, etc. It has nothing to do with collecting revenue redistributed by the state for the common good and services. The aim of the tax policy in Greece now is to enable asset stripping, not to collect money. This is why taxes are constantly on the increase: those who can pay today should be made unable to pay tomorrow to enable confiscation of their assets. Should their assets (as valued by the …confiscators) not be enough, a new brand of tax-labour prisons will shortly be established by the Quisling governments, where free manpower will be available to the German production machine. I am not joking!