Monday , October 14 2024
Home / News / Politics / Greek FinMin confirms, lawmakers enjoy tax immunity with 65-75% of income ‘tax-free’

Greek FinMin confirms, lawmakers enjoy tax immunity with 65-75% of income ‘tax-free’

What we all know is officially confirm: that our esteemed lawmakers who decide the unemployed and the low pensioners will have to give their last cent to the state, enjoy tax immunity, as almost two-thirds of the income they receive form the Greek Parliament is tax-free.

Finance Minister Yiannis Stournaras confirmed this in a letter to the Parliament.

According to Proto Thema, Stournaras speaks of a complicated taxation of the Greek Member sof the Parliament and apparently states that 65%-75% of their parliamentary income remains untaxed!

Proto Thema lists some MPs and their taxed or untaxed income:

-one MP from Nea Dimocratia: annual income 87,866 euro. Taxed are only 27,305 euro

-one MP from SYRIZA: annual income 66,493 euro. Taxed amount just 18,397 euro.

-one MP from PASOK: annual income 115,099 euro from which 86,378 euro was tax-free.

-For former PM George Papandreou 64,986 euro out of annual 91,142 euro was tax-free.

-Also former PM Kostas Karamanlis had 63,742 euro tax-free in an annual income of 93,525 euro.

Citing former lawmakers sources, Proto Thema writes that only a part of the income is being tax, while allowances, telephone and postal fees, the income form participation to parliamentary committees, a total of 5,000 euro per month is tax-free.

Tax-free is also the contribution MPs donate to the party, they belong. I assume independent MPs keep this amount for themselves.

To make the long story short: a Greek lawmaker earning annually at least 60,000 euro pays so much tax as an employee with annual income of 18,000 euro.

PS I remember to have made several posts about this issue in the near past. One more will just help us remember, why we raise our voices against tax hikes, emergency and regular property taxes, solidarity taxes and whatever taxes or fees come in the minds of the Greek rulers.

Check Also

PASOK elections: Incumbent leader Androulakis to face Athens Mayor Doukas in 2nd round

Incumbent PASOK-KINAL party leader Nikos Androulakis will face off against Athens Mayor Haris Doukas next …

4 comments

    • We have a word for situations like this in Ireland: “GUBU” (Grotesque, Unbelievable, Bizarre, Unprecedented)

  1. You are saying that the Greek public didn’t know before what percentages of their salaries were not taxed? To me such non-disclosure seems worse than the fact that they don’t pay much tax.