Struggling to balance its budget, Greece is reducing spending by cutting tax collection efforts:
“As a result of the austerity measures putting some tax officers on reduced pay, we have 5,500 fewer tax office jobs,” said tax officers’ union head Charalambos Nikolakopoulos.
Reduced pay is not the same as fewer jobs, but still. . . “Greek tax officials walked off the job Thursday at the start of a 48-hour strike to protest salary cuts and other austerity measures, as the government struggles to meet revenue targets demanded by the crisis-struck country’s international creditors.” How do they think they’ll get paid?
I’m for higher taxes, but I understand the need for spending cuts. Public employee unions can overplay their hands.