As expected, Greece's Parliament passes a law allowing new property taxes. The tax will be...

As expected, Greece's Parliament passes a law allowing new property taxes. The tax will be assessed on citizens' electricity bills, thus making them subject to losing utility service if left unpaid. However, workers at the state electric company have said they would not enforce such action.

Comments (8)
  • Windsun33
    , contributor
    Comments (4431) | Send Message
    In other words the Greek utility workers union is running the country. Good plan for recovery...
    27 Sep 2011, 01:32 PM Reply Like
  • labas112
    , contributor
    Comments (496) | Send Message
    Why do the Greek leaders want to be part of the Euro so badly, as to ruin their country with all these excessive taxes that they will never collect? It just boggles my mind they would kill their growth rather than leaving the Euro and be on their own and move past this.
    27 Sep 2011, 01:38 PM Reply Like
  • yoguh12
    , contributor
    Comments (76) | Send Message
    It is the cool thing..."hey, we are part of the eurozone!"


    Their austerity measures are going to kill the country and then eventually get kicked out or dissolve into civil war. The people they are trying to protect are the ones being taxed while the rich will always find a way to escape the new taxes. Don't pay for electricity...just buy a generator...probably cheaper that way.
    27 Sep 2011, 01:52 PM Reply Like
  • Tom DiLello
    , contributor
    Comments (22) | Send Message
    labas112, Greek leaders care about people keeping the voters who vote them in feeling good about themselves by protecting them against the vicissitudes of the evil capitalist system. So laying off public sector workers is not a possibility. Nor is growing the economy. Growing an economy is not a left-wing goal. Seeing to it that prosperity is passed around IS.
    27 Sep 2011, 01:52 PM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
    actually none of what they said they were going to do is in place yet...its pretty much all talk to show the bankers that they mean they can get their next batch of lunch money....lies, lies, and damn , lies...
    27 Sep 2011, 01:59 PM Reply Like
  • kmi
    , contributor
    Comments (4581) | Send Message
    For those who do not know, property taxes are a new thing for Greeks. They did not exist prior to this law.


    This is part of the 'austerity' package which has levied taxes across everything in an effort to transfer a larger percentage of money from the working Greek to the government, while the economy continues to shrink. i.e. Greece is in the midst of an extremely regressive regime which will likely continue to contract the economy in the forseeable future.
    27 Sep 2011, 02:30 PM Reply Like
  • Joe Morgan
    , contributor
    Comments (1608) | Send Message
    Greece is on the brink of social chaos. The stupid government keeps imposing more things, and now is preparing to layoff hundreds of thousands of public employees.


    All the estimates for the deficit of next year are going to be missed.
    27 Sep 2011, 05:18 PM Reply Like
  • Tricky
    , contributor
    Comments (2429) | Send Message
    So they don't want to work past 52. Or pay taxes. But I assume they still want the Germans' money?
    27 Sep 2011, 09:35 PM Reply Like
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