Wednesday 29 June 2011

Greece: Free the markets and Jail the doctors

From Investors.com
"What a sorry spectacle to watch Greeks rioting in the streets in reaction to austerity measures. As if tantrums can change reality. It's Exhibit A of how socialism infantilizes citizens. The only cure is free markets.   .....    Like any socialized society on the rocks, Greece needs to reestablish the link between effort and reward."


Lying about government books is traditional and got them in the EU. (Google search)
Lying on income tax returns is traditional. ( NYT )
Jail rioters or jail doctors?     (Thom Hartmann Program)
      



“The scale of Greek tax cheating was at least as incredible
as its scope: an estimated two-thirds ofGreek doctors reported incomes under 12,000 euros a year—which meant, because incomes below that amount weren’t taxable, that even plastic surgeons making millions a year paid no tax at all. The problem wasn’t the law—there was a law on the books that made it a jailable offense to cheat the government out of more than 150,000 euros—but its enforcement. If the law was enforced,’ the tax collector said, ‘every doctor in Greece would be in jail.’ I laughed, and he gave me a stare. ‘I am completely serious."









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