Request on tax scale causes tension among IMF and gov’t

18 March 2016
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A comment made by a source of Greek Finance Ministry attacking IMF for its requirements on tax scale will probably cause a rift between the Greek government and Greece’s lenders.

The IMF seeks to reduce the tax-free income level for everyone applying this measure even to incomes above 40,000 euros.

The Greek government seems to be against that, this is why a source of Finance Ministry commented harshly IMF’s request:

“Once more we were surprised by IMF’s stance. It is the first time in global economic policy that such claims are stated. They argue that if the tax-free income level is decreased for everyone, even for incomes above 40,000 euros, then we help the poor, not the rich!

This unbelievable statement – for which Adam Smith, John Maynard Keynes, Milton Friedman and other economists would have existential crisis…- proves that the supporter of world’s poor people, ie the Fund, does not negotiate with the appropriate seriousness!”.

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