IMF: The reduction of untaxed income affected mostly the weaker social strata
IMF: The reduction of untaxed income affected mostly the weaker social strata
In its report, the Fund says that the richest households shouldered the greater cost but also that Greece has the largest drop of income in the poorer 10% of the population
IMF proceeded once again to a late acceptance that the "recipe" being applied in Greece at the behest of Troika affects mainly the weaker social strata.
In a report entitled "Fiscal policy and income inequality", the Fund notes that the poorest 10% of the population in Greece was hit hard by the reduction of the tax-free limit from 12,000 euros to 5,000 euros.
It adds that reductions in public sector wages were significant both in Greece as well as in Latvia, Portugal, Romania and Spain. "The public sector wages and special allowances for civil servants were decreased and the 13th and 14th salaries to highly paid employees were eliminated."
However, among the economies that were examined for the effect of the measures on available income, the IMF concludes that five countries (Greece, Latvia, Portugal, Romania and Spain) have implemented progressive measures in 2008-2012, with households in the richest parts of the population bearing the higher costs.
However, Greece has the largest drop of income in the poorer 10% of its population.
In a report entitled "Fiscal policy and income inequality", the Fund notes that the poorest 10% of the population in Greece was hit hard by the reduction of the tax-free limit from 12,000 euros to 5,000 euros.
It adds that reductions in public sector wages were significant both in Greece as well as in Latvia, Portugal, Romania and Spain. "The public sector wages and special allowances for civil servants were decreased and the 13th and 14th salaries to highly paid employees were eliminated."
However, among the economies that were examined for the effect of the measures on available income, the IMF concludes that five countries (Greece, Latvia, Portugal, Romania and Spain) have implemented progressive measures in 2008-2012, with households in the richest parts of the population bearing the higher costs.
However, Greece has the largest drop of income in the poorer 10% of its population.
Ακολουθήστε το protothema.gr στο Google News και μάθετε πρώτοι όλες τις ειδήσεις
Δείτε όλες τις τελευταίες Ειδήσεις από την Ελλάδα και τον Κόσμο, τη στιγμή που συμβαίνουν, στο Protothema.gr
Δείτε όλες τις τελευταίες Ειδήσεις από την Ελλάδα και τον Κόσμο, τη στιγμή που συμβαίνουν, στο Protothema.gr
ΡΟΗ ΕΙΔΗΣΕΩΝ
Ειδήσεις
Δημοφιλή
Σχολιασμένα
