That was high time! That elected members of this debt-ridden country put also their hand deeper in their pockets as citizens do since one year. Finance Minister Evangelos Venizelos announced during a press conference, that a 5% -special-contribution will be applied to lawmakers, elected municipality officials and other high ranking officials of the government like General Secretaries and Institution directors, independently from their income. “When we impose cuts and measures to the people, it’s first of all us that we have to face the heaviest cuts.” Venizelos said.
The special contribution, also called “Poll Tax” or “Solidarity Tax”, will be imposed in addition to the normal income taxes and will refer to income earned in 2010. The percentage rate across the gross yearly income will be :
12,000-20,000 euro 1%
20,0001-50,000 euro 2%
50,001-100,000 euro 3%
100,0001 euro -income eternity 4%
The tax payment threshold goes down to 8,000 euro. Income 8,000-12,000 euro will be subject to 10% tax. Tax-expempted from this income group are age groups below 30 years old and over 65, also disabled people.
As Venizelos stressed, the taxation system will be according to age and social criteria and not so much the income….
More on Venizelos’ Press Conference after the Troika meeting… coming up in KTG soon!
Huh???!!! So you were right in the other post??? Wow… I have to think about this one… with a bottle of tsipouro, I guess, to realize what this means.
I think so the issue is a bit confusing. I reported as seen on TV, sometimes ears can miss the fine nuances. I will update if there is some corrections
Hmmm… But what is said now “As Venizelos stressed, the taxation system will be according to age and social criteria and not so much the income….” can only mean that you are skr*wed when you do not make a profit and have no children or other dependents. And are older than 30 and younger than 65 and not handicapt…
Hey! That’s ME!!! 🙁