Wednesday, August 13, 2014

Who Is Paying The Most Tax?

In crisis- ridden Greece that has an unemployment rate of 27% (officially), public fury is directed at the ship owners. Since 2002, 58 special rules that nearly totally exempt shipping companies from taxes or duties has meant that $200 billion has gone untaxed. In 2012, Greek shipowners paid just $22 million in taxes, while the sailors who worked them paid $80 million, according to their union. Do you know who your government works for? John Ayers

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