Saturday, June 2, 2012

IMF Boss Lagarde, Who Lectured Greeks to 'Pay Up', Pays No Taxes Herself | Common Dreams

IMF Boss Lagarde, Who Lectured Greeks to 'Pay Up', Pays No Taxes Herself | Common Dreams

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Christine Lagarde, the International Monetary Fund managing director who provoked an angry reaction from the Greek people after telling them to pay their taxes, does not pay tax on her own salary.

IMF managing director Christine Lagarde. In an interview last Friday, Lagarde said she had little sympathy with the Greek people -- preferring to concern herself with the plight of starving children in Africa’s Sahel region.
“I also think about all those people who are trying to escape tax all the time,” she said. “All these people in Greece who are trying to escape tax.”
On Tuesday Lagarde admitted that her $467,940 IMF annual salary and $83,760 of additional allowances are entirely tax-free.

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