“”” If a lot of income goes unreported or taxes go uncollected, trust in the system breaks down, rates have to be higher, and the economy ails.”””
Must be a lot of trust in them now I guess.
Seriously this guy has so many things that just are not so in this article that I had to stop reading half way threw. Could not take the BS.
I think he has a point regarding tax collection. Greece is a great example of what happens when you have poor or inconsistent tax collection. People see everyone else getting away with not paying and they feel like suckers if they do.
It’s one of the biggest drivers of their economic mess.