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Tuesday, May 29, 2012

IMF head Christine Lagarde, who told Greeks to pay their tax, pays no tax

http://www.tntmagazine.com/news/world/imf-head-christine-lagarde-who-told-greeks-to-pay-their-tax-pays-no-tax


 International Monetary Fund Boss Christine Lagarde has been exposed as a hypocrite for not paying tax, after taking a swipe at the people of Greece for not paying theirs.
Lagarde’s £298,675 salary, plus $53,593 in bonuses is untaxed as she is an official of an international institution. She is even entitled to an annual pay rise on her five-year contract.
Her financial package is greater than that of US president Barack Obama who pays taxes.
Lagarde was the French finance minister before taking over as managing director of the IMF following the resignation of Dominique Strauss-Kahn, who resigned in disgrace over sexual harassment allegations.
The IMF boss cause international outrage after she suggested beleaguered Greeks might do well to pay their taxes.
Somewhere Angelo Mozilo is saying...DAM!

Who knew so many Americans worked for foreign governments? IRS Finds One in 189 High Earners Paid No 2009 U.S. Tax - Bloomberg
The percentage of U.S. taxpayers reporting adjusted gross income exceeding $200,000 who paid no U.S. income taxes increased in 2009 to 0.53 percent from 0.51 percent, meaning that one in 189 high earners avoided taxation, an Internal Revenue Service study found.

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