Greek Revenuers Cutting Off Noses To Spite Faces

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.

http://www.cnbc.com/id/45814079

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.

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Author: patoglesby

From 1982 to 1990, I worked in tax policy for Committees of the United States Congress. In recent years, I was Adjunct Lecturer at UNC-Chapel Hill's Business School and then Adjunct Professor at its Law School.

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