The Budget 2017 submitted by the Greek government to the Parliament will bring another tsunami in indirect taxes that will sweep across the pockets of people, whether they are full, contain one euro, a few cents or just holes.
Aim is a surplus of 3.6 billion euro.
2,5 billion euros will come from direct and indirect taxes.
1.37 billion euros are expected to come from the increases in social contributions for self-employed and freelancers.
1.5 billion euros are expected from expenditure cuts.
The Budget foresees growth, export increases and other nice things as always…
Revenues from VAT: 15.476 billion ⇒ 769million more than in 2016
Revenues form consumption taxes: 9.547 billion ⇒ 712 million more than in 2016
Fact is that the indirect tax increases in fuel will skyrocket the prices of all possible and impossible goods, to this tax increases in landline/internet, coffee and e-cigarettes will affect horizontally and practically everyone.
PS We’ve been there, we’ve seen that.
