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Greece reports measures to deal with debt issues

Written February 9, 2010 at 10:28 AM EST by Greg Michalowski 

Including:

  • 40% tax rate on incomes above 60,000 Euros
  • Tax bracket increased to 7 from 3 prior
  • Repatriated funds will pay only 5% tax
  • Tax Dividens as personal income
  • Freezes public sector pension above 2,000 euros a month
  • Will cut all public sector salary supplements in 2010 by 10%

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