What is being done to raise revenues?
Additional specified tax measures amount to about 4 percent of GDP. The government is proposing measures to overhaul the tax system, including a progressive tax scale for all sources of income, taxing luxury goods, higher taxes for the wealthy, and higher taxes on tobacco and alcohol. The government’s actions will build on their current efforts to strengthen revenue administration and reduce tax evasion – which is a significant drain on the government’s finances and a source of unfairness in Greek society.
