novum wrote:
A few days ago the Head of the International Monetary Fund (IMF), Christine Lagarde, had the audacity to suggest that instead of resisting the neo-liberal austerity measures prescribed by her organization, in agreement with the EU and the European Central Bank, Greek citizens should focus on paying their taxes. Lagarde did not stop there. She later went on to add that she had more sympathy for ‘little kids from a school in a little village in Niger who get teaching two hours a day, sharing one chair for three of them, and who are very keen to get an education’ than for the tax-avoiding Greeks.
Let's not forget what came out recently about her own tax arrangements...
The IMF chief Christine Lagarde was accused of hypocrisy yesterday after it emerged that she pays no income tax – just days after blaming the Greeks for causing their financial peril by dodging their own bills.
The managing director of the International Monetary Fund is paid a salary of $467,940 (£298,675), automatically increased every year according to inflation. On top of that she receives an allowance of $83,760 – payable without “justification” – and additional expenses for entertainment, making her total package worth more than the amount received by US President Barack Obama according to reports last night.
Unlike Mr Obama, however, she does not have to pay any tax on this substantial income because of her diplomatic status.
Read More:
www.independent.co.uk/news/world/europe/...-salary-7801028.html
Lagarde's tax avoidance is discussed here:
Christine Lagardes Tax Free Salary
