Petros Doukas, a former Greek deputy finance minister, told CNBC Wednesday that default is "inevitable" and called for an "organized" and "orderly" haircut on the debt to try and stop a run on the banks in the event of a default. "The capacity of the Greek people to pay taxes is really at the limit," he said. "People like me are paying taxes out of their savings and by selling off assets, not by generating new income." http://www.cnbc.com/id/44782706 As an ex deputy finance minister you should pay your damn taxes from your savings - as it wasn´t a problem for you, buddy, to hide the real government debt for years from coming to the surface! And now crying like a baby, hum?
People like me are paying taxes out of their savings and by selling off assets, not by generating new income." --------------------- Hmnnnn. paying taxes out of savings. I wonder how many in the US pay taxes on their credit card because they have no savings. Probably a matter of time before the assets are gone the cc is maxed out and the bill comes due.