Word: taxingly
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When this crisis began you talked a lot about these larger issues, tackling corruption and tax evasion. And then there was this demand from the markets for immediate cuts. Did that force you to abandon efforts on some of the bigger structural changes? What the markets were saying is we've heard this, we don't believe you. Greece has lost its credibility. What I was saying all along is we have to bring back our credibility. That did in fact work. Credibility for Greece has come back. Of course, those are short-term changes. We have to get down...
Talking to people on the streets, one thing I heard again and again is that people want to see somebody punished for corruption and tax evasion. What is your response to that? Will people see punishment? I get that all the time. This is the sense that I was telling you, that people feel that you do not have the rule of law, but the law of the powerful. So that's what we have to change around, so it's not as if simply because you've got money or simply because you have some high position somewhere...
...changing Greece will not be easy. Papandreou is pushing ahead with pension reforms and an overhaul that will see more Greeks pay tax. Some of his efforts to improve governance - he wants to put all government decisions and documents on the Internet, for instance - have already been resisted by Socialist colleagues. Change, he says, will be painful. "But if we do what is necessary, we'll come out of this stronger and much more viable." There's no intrinsic flaw in the Greek character, he argues. "It's not in our DNA, it's not even in our cultural...
Flaherty’s five-point plan for creating new jobs in the state includes granting a tax credit to high-tech manufacturing companies, increasing loans to biotech startups, and fostering the growth of the film industry in Massachusetts...
...private universities in the district refuse to make greater contributions to the community, Flaherty said legislators can revoke these institutions’ tax-exempt status...