Can a Greek Monastery Be Ground Zero of Global Financial Meltdown?
…s. Even real estate and sales taxes are eminently avoidable: leave the top floor of your house unfinished, and the home is not yet taxable; neglect to print out or submit sales receipts, and those sales are untaxed too. It was always a recipe for disaster: little in the way of reliable state income; staggering amounts of money borrowed on the cheap to make up the margins; and books consistently cooked to hide the scale of the national debt. (The…
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