Wednesday, September 28, 2011

Greece Tax Hikes: Greek Deputy Prime Minister Can't Pay His Own Taxes

Theodoros Pangalos, Greece's deputy Prime Minister said on Television today: "I believe that the tax limits of Greek society have been exhausted. I would say they have been exhausted for some time,".
Mr. Pangalos is a 73-year-old Sorbonne-trained economist listed as owner or part owner of eight properties and farmland in greater Athens and several other parts of Greece.

"The property I own was purely obtained through inheritance. Personally, I have never bought anything ... I will be obliged to sell some of these properties. There is nothing else I can do," Pangalos said. (Global TV)

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