Despite Depression, Greece Forced To Hike VAT, Add New Taxes

Despite Depression, Greece Forced To Hike VAT, Add New Taxes:

Greece remains in an economic depression interrupted by a few quarters of anemic growth.

Hiking taxes in a depression is one of the stupidest things one can do, but Greece is set for another vote to do just that.

Prime minister Alexis Tsipras is once again prepared to kiss German Chancellor Angela Merkel’s behind, and his party will likely go along for the ride.

The wildcard IMF has yet to chime in on the economic stupidity of this hike.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

1 thought on “Despite Depression, Greece Forced To Hike VAT, Add New Taxes”

Leave a Reply to paul Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.