Word: governmentalize
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Calculating the full cost of tax evasion in Greece is nearly impossible. The Greek government estimates the shadow, or untaxed economy, is about 30% of the declared economy, among the largest black markets in the 16-member euro zone.
Papandreou says fixing Greece's mess will require rebuilding people's trust in the government. "This is more than an economic problem," he told reporters. Greece's government, he said, had a "credibility deficit" at home and abroad.
Cleaning up Greece's wasteful and corrupt state sector, and regaining citizens' trust, will take years. The government is pinning its hopes on increasing tax revenues. Some of that will come from new taxes on items such as luxury goods and fuel. But Athens also insists it can raise $1.67...
But any fix will be difficult. Greece's tax-collection system is an antiquated mess. The state's various financial-information databases are haphazard and fragmented. No single program can pull up all the data about a single taxpayer; without tedious manual cross-checks, there's no way to flag...
In order to help a country properly, it is first necessary to understand its key problems. Haiti seems to be at a pivotal point in its history: it can continue as before or make the needed changes in government, education and infrastructure. It is time Haiti's previous occupiers redeem...