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4million Greek taxpayers need to pay €1.8bn today, total €7.85bn by end of November

Four million taxpayers, households and businesses, in Greece are called to pay a total of 1.8billion euro, today. Friday, September 30th 2016. The deadline for the first out of five installments for Unified Property Tax (ENFIA) and the second installment out of three for income tax expires today.

The country’s economic team hope to collect 700 million euros from the ENFIA and 1.1 billion euros from the income tax.

Furthermore, the economic team expects to collect at least another billion euros from installments of payments for outstanding debts.

Greece’s finance authorities have placed their bet to collect a total of 7.85-8.85 billion euros between September and November 2016.

€2.65 bn from ENFIA

€2.2 bn from income tax

€3-4 bn from outstanding debts

The burden on the shoulders of households is 6bn and of businesses 2bn.

However, both the households and the businesses seem exhausted for the never ending call to pay taxes and fees and price hikes.

In July, tax offices were unable to meet the collection target of  70% from income tax. By August, the debt of taxpayers increased by 1.014 billion, thus raising the taxpayers debt to 9billion in total since the beginning of 2016.

The next hikes in indirect taxes are just outside Greeks’ doors and will after heating oil for households and diesel for farmers as of October. The next wave of hike sin indirect taxes will hit the austerity-ridden society in January 2017.

Thousands of citizens are sunk in debts, they owe money to state, to social security funds, to banks and utility companies.

According to latest reports, the total arrears of citizens to the state reach 100 billion euros.

PS I feel dizzy and sick to my stomach ough!

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