"The scenarios about 45% tax on incomes over 26,000 euros are not valid"

"The scenarios about 45% tax on incomes over 26,000 euros are not valid"

Speaking at the conference of the American-Hellenic Chamber, the Greek prime minister made it clear that the scenarios about 45% tax on incomes above 26,000 euros are false

"The scenarios about 45% tax on incomes over 26,000 euros are not valid"
Speaking at the conference of the American-Hellenic Chamber, the Greek prime minister made it clear that the scenarios about 45% tax on incomes above 26,000 euros are false "I'm with the middle class, not against it. Those with an income of up to 25,000 euros will benefit from the new system," he said. He added that the government plans to provide assistance to families from the first child, but under specific income criteria so that the aid will be given to those who actually need it.

Samaras also said that the aim is to achieve lower tax rates, which will occur gradually, as Greece first needs to have a surplus. "Now is the time of change for Greece. After the bailout packages, the restructuring of the Greek state debt and the repurchase program, it is a time of change in the labour market, in the market of products."

The prime minister referred to the crucial issue of VAT in catering, stating that "we cannot reduce it now, but will do so whenever we find the chance."

He also described the 4 axes along which the debate on tax reform is moving:

Κλείσιμο
1. lower tax rates
2. simpler tax system
3. extensive use of technology for automatic and immediate verifications
4. harsh penalties for tax evaders

As he said, the government’s aim is to make tax evaders pay and reduce business taxation to bring investments. "Competitiveness was a banned word for Greece, but now everything is changing. 2013 is the year the effects of the reforms that have been implemented will be felt," the prime minister added.

Lastly, referring to the program of repurchasing Greek bonds, Samaras acknowledged that it is a difficult process but one which will ultimately reduce the Greek state debt.
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