Watched the CNBC coverage of the Greek riots and have to say I was impressed particularly with the reporter on the ground. Rather than just slagging them off as anarchists and troublemakers she went into detail about why they were so angry, e.g. the rich are evading taxes while the workers are facing salary cuts of 30% and 33% rises in taxes.
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30-06-2011, 09:23 AM #1
Greek riots
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30-06-2011, 10:27 AM #2
The rich are evading taxes and in many cases are not subject to tax.
Greece has a very liberal capital income taxation
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