over taxation Archives - Keep Talking Greece

Greeks paid €7bn more in taxes in 2016, as middle-classes vanish and poverty increases

April 14, 2017 Economy 2

Two out of ten Greeks paid 80% of the total income taxes last year. At the same time poverty increases: more than 340,000 households declared zero income for the tax year 2015. Data released on Thursday by the Independent Authority for Public Revenue (AADE) shows the stifling tax burden and …

Start-Ups leave Greece due to over-taxation and no incentives for early-staged businessestaxes

June 15, 2016 Economy 2

It is not a secret that over-taxation is killing the Greek economy and individual businesses, even those in the early stage of their establishment. Based on my recent informal asking around small business owners aged 32 – 63, they all said in one voice: “Do not start a business in …

Are you Alive in Greece? Lenders will tax you as “free-lancer” with 26% & tax in advance

October 9, 2015 Economy 9

I cannot believe that such a tax legislation can be true. The 3.bailout agreement “prerequisites” will reportedly tax people without or very low income as if they were a profit-bringing enterprise and will even ask tax payment in advance. This absolutely incredible and almost criminal and human rights violating over-taxation …

Juncker, Draghi & Lagarde call Tsipras to Brussels on Wednesday

June 23, 2015 Economy 35

They must have been in a great hurry to close the deal with Greece. Who? The heads of the three Institutions, the country’s main creditors, the International Monetary Fund, the European Central Bank and the European Commission. Jean-Claude Juncker, Mario Draghi and Christine Lagarde called Prime Minister Alexis Tsipras on …

The Greek “invisible” wroker and employee

July 4, 2014 Society 5

A new term appeared in our Modern Greek language of our Modern Greek crisis-hit country: the ‘invisible employee’. Who is the invisible employee who emerged from the Greek crisis and the skyrocketing unemployment? Oh, it is the employee who has a job but is not being registered in social security …

The God of Greeks must be joking: income €14K, tax €6.5K

July 1, 2014 Economy, Society 2

Somebody must be making really bad jokes at the cost of Greeks. The tax returns this year trigger uncontrolled laughter outbreaks especially to self-employed who for the first time are been taxed with 26% from the first euro they get in their hand and in addition they have to pay …

Greek tax crazy: annual income €4,200, tax €825 !

May 20, 2014 Economy 1

A Greek taxpayer almost suffered a heart attack seeing the tax office demanding 825 euro for the annual income of just 4,200 euro. 20.24% tax for income that was tax-free until last year and was supposed to have a tax reduction with the new system? A mistake from the side …

Underfunding and over taxation threaten charity foundations & leave disability patients without care

March 18, 2014 Society 2

“Where will these children go ? Where will the patients with multiple severe disabilities find care and treatment if the charity foundations will close down?” Dozens of Greek charities send an S.O.S. appeal to the world as underfunding and high taxes threaten to close them down. Charity foundations that provide …

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