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|Subject: Greeks do what Tea-Baggers Can't||Date: 1/12/2013 2:38 AM|
|Author: intercst||Number: 1852458 of 1914354|
The Greek parliament has approved a series of unpopular tax rises aimed at boosting revenue in line with Athens' commitments to international creditors.
The measures, approved overnight, introduce a new top tax rate of 42% for Greeks earning more than 42,000 euros (£34,700; $56,000) a year.
If we brought Mitt Romney and his ilk up to a 42% marginal rate, a lot of the deficit problem would be solved.
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