‘Slash taxes on salaried work’ | eKathimerini.com


‘Slash taxes on salaried work’

Daniel Bunn visited Athens for the first Economic Freedom Forum organized by the Center for Liberal Studies (KEFiM).

Combatting tax evasion in Greece should be combined with responsible public spending in order to be acceptable and therefore effective, the head of the Tax Foundation told Kathimerini’s Sunday edition in an interview.

As for the over-performance in revenues, it should be distributed between reducing taxes and repaying state debt, added the chairman and chief executive officer of the Washington-based organization, Daniel Bunn, who went to recommend that the Greek government reduce the tax on salaried work in order to remove the incentive for self-employment and, therefore, limit the space for tax evasion.

He also emphasized that the goal of value-added tax should be to reduce the main rate and broaden the tax base.

Bunn, who visited Athens for the first Economic Freedom Forum organized by the Center for Liberal Studies (KEFiM), believes that the real estate transfer tax is counterproductive and should be abolished.

He cited Estonia as an example to follow, describing the main pillars of its tax system, and noted that, despite the looming loosening of the debt brake in Germany, fiscal pressures due to high debts and the need to increase defense spending will take priority in Europe over tax cuts.





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