Word: payes
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Widespread evasion feeds the Greek attitude that only the stupid pay taxes. Little wonder that Greece's tax revenue is among the lowest in the European Union, 19.8% of GDP (excluding social security) compared to an E.U. average of 26.1%. (Italy's take is 29.1%, Portugal's 24.5%, Spain's 20.7%). Only a handful of E.U. countries - the Czech Republic, Slovakia and Romania - do worse. And none of them use the euro. (Read: "Is the Euro the New Dollar...
...report released Jan. 13, ratings agency Moody's said that Greece, along with Portugal, was likely to suffer a "slow death" as it uses more and more of its income to pay off debt. With the cost of that debt heading north, Greek banks could face further problems. "It's like they have a bomb in their hands," says investor Melissaris. "If rates keep climbing, it'll explode." (See the worst business deals...
...derail President's Obama's health care reform. I live in an area of California where 36.3% of the people lack health insurance and more than 17% are unemployed. Our emergency rooms are jammed with nonpaying customers. I am white, middle class and highly educated and can barely pay for insurance. The state and local safety nets are in tatters. Think about us next time you vote...
...deeply offended that so many readers would label all working teenagers as lazy, rude and incompetent. Lighten up on us mature, hardworking students who are struggling to find a way to pay the bills...
...part of the generation that thinks privacy is passé. Send me a friend request? We're friends now. Poke my profile? I'll poke yours back. But using your profile to send you real things I have to pay for with Facebook's alternative currency? That might be the biggest leap of faith yet. (See the top 10 Facebook stories...