Kiss Tax Revenues Goodbye - Greek Civil Insubordination Takes On A Surreal Twist

Tyler Durden's picture

While we understand the motive of Greeks to cripple the financial nerve center of the country by effectively immobilizing the finance ministry and subjecting the country to a 9 day shutdown, we are yet to witness the ingenuity of the people, when angry, to completely lock down the country's financial apparatus, especially when it comes to the revenue side of the ledger. Behold the latest reason why the next time the Troika does its paper napkin "assessment" of the Greek deficit to GDP it will be double digits, and have a 2 handle.

As Bloomberg reports: "The GENOP union, which represents workers at Public Power Corp SA, has blocked access to the building where company bills are issued in Athens to protest a property tax which is to be paid via electricity bills, state- run Athens News Agency reported, without citing anyone." That's right: one needs actual physical presence in Greece in order to be able to enact the key component of the most recent Troika "compromise." Which the government does not have. This leaves two options: risk an all out civil war as G-Pap lets the police out and begins a confrontation between the broader population and the government or, more likely, do nothing, hope nobody in Germany realizes that Greece is doing absolutely nothing to collect taxes, and continue the status quo charade, which is one where Greece is merely a conduit for the ECB to fund Greece so it in turn can fund European banks with interest payments and in the process preserve some credibility in the Euro, and make the jobs of JCT, and soon, Mario Draghi, non-redundant.

In light of all this, we wonder just how much sabotage may have been a factor in the recent discovery that Greece had run out of ink to print tax forms with. A conservative estimate? 100%.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
agent default's picture

Resistance bitchez!

Thomas's picture

"Greece should default and default big."

redpill's picture

Nothing exceeds like excess!

UBIGDummy's picture


Cuz were FAZZED UP

Dr. Richard Head's picture

Perhaps massive tax insubordination is the only thing the US government will listen to.  Tea Party and OWS are great starts, but all of those people could stop paying their ponzi world tax and change would come swiftly.

MachoMan's picture

I'm just gonna go out on a limb here and guess that the OWS protesters probably aren't the same folks as J6P, nose to the grindstone taxpayer...  In other words, a tax revolt by OWS is no different than what they're currently doing, i.e. not paying taxes.  If you're getting your titties painted on the world stage, you probably don't have a job nor any prospects for one...  (unless it involves titty painting).

Bicycle Repairman's picture

I don't know how many more ways the Greeks can say this, but unless the Euros have more money for the Greeks, the Euros can take a hike.  Every  Greek from the bottom to the top agree: we're are not paying.

Dr. Richard Head's picture

If Dexia, whose "assets" rival the entire valuation of the Greek economy can be bailed out by the Federal Reserve and survive.......scratch that. 

Thanks Max Keiser and Tyler Durden.  My heros.

gojam's picture

Spot on!

Talk about ignoring the Elephant in the room.

Jeez, the Eurozone seem obstinately blind to reality.

john39's picture

its a delay game...  but delay for what?  stay tuned...

gojam's picture

Will they be invisible Gold eating Aliens which only our governments can save us from?

lynnybee's picture

Perhaps massive tax insubordination is the only thing the US government will listen to.        .... go for it !   i got nothing to lose anyway !    old, broke, & am giving what i have away already to the younger people, maybe they will benefit.  an oversized government & parasitic banking industry.      

john39's picture

i need to revisit this subject, but according to my tax guy, it is not a crime to not pay taxes... you get into real trouble when you don't file your return.  big difference.   sure you get fined out the a!@, but you won't go to jail (well maybe depending on what they can prove as to your intent).  tax lawyer in the house?

aerojet's picture

It is insane how much of each paycheck I forfeit to the Matrix.  It is not possible to really get ahead in the US by being a workaday zhlub.

GottaBKiddn's picture

This Greek example, one of many, is proof that head-banging in the streets is the most ineffective way to change government policy.

Black Forest's picture

42 percent of Germans who have a household net income of 4000 € and more are prepared [willing] to pay more taxes. Similarly high (43 percent) is the percentage in the income class 3000-4000 € net per month. Even some 33% of people who earn less than 3000 € net per month would pay more.

Fine for the Greeks. No need to buy ink there. Germans are proud to pay.


Putty's picture

I don't see a majority, only a minority of sheep.

shaxmatist's picture

"That's right: one needs actual physical presence in Greece"


Roll the Panzers, Hans, last station is Athens!

DormRoom's picture

The Monetary Union has worked out so well for Greece.  It's basically a failed state.

Divided States of America's picture

Total bizarro world again. Just dont get it but isnt a strong EUR gonna make the situation even worse for them Greeks??

Lord Welligton's picture

Doesn't really make that much difference.

Their tourism and agriculture is pretty much all traded in Euros.

So strong or weak has no real effect.

Fact is they should never have joined and should get out before they lose everything.


hedgeless_horseman's picture



...and should get out before they lose everything.

Too late.

Lord Welligton's picture


You could be right.

But if that is the case then they have nothing to lose.

CClarity's picture

OTIRS - Occupy the IRS is coming to America?

agent default's picture

I for one would not be surprised at all.  Not just the US though.  Enough is enough worldwide I think.

FunkyMonkeyBoy's picture

Aren't income taxes actually illegal in the U.S., because it's a disproportionate tax? Well...? Have they really got a whole country of sheep paying a huge unlawful tax?

jcaz's picture

Yeah, ask Wesley Snipes how that works....

FunkyMonkeyBoy's picture

... or, similarly, Bradley Manning about being detained in a the land of the free, home of the brave... the best democracy in the world, etc.

nonclaim's picture

When you have to pay taxes to milk *your own* cow you have reached true freedom.

Dr. Acula's picture

Or ask Irwin Schiff (Peter's dad)


GeneH3's picture

The Federal income tax was unconstitutional as a disproportionate tax until the 16th Amendent changed the constitutional.

The discussion is unnecessary.  Paying taxes is voluntary, or so insists Harry Reid.

JB's picture

and Harry Reid is correct. your W4 is an APPLICATION, which means you voluntarily enter into contract with the IRS. no contract is valid if it is entered into under duress or if one party is compelled to enter; therefore, the contract MUST be voluntary by Law.


of course, almost no one actually knows this fact. given the fact that Harry Reid KNOWS it is voluntary, what do you want to bet he doesn't pay federal income tax?


want to know more? is your best friend. explains exactly how to go about regaining your sovereignty.

theman's picture

Classic economics distinguishes between wages and income, and regarded taxes on wages as tantamount to serfdom.


An awesome story is that of Irwin Schiff, Peter Schiff's dad, who wrote the Federal Mafia.


Good Call, Funky


Raynja's picture

Corporations do not pay taxes until they have realized a profit, likewise for investors. Why should I pay taxes on my invested labor until my pay exceeds the average pay of someone with similar education and experience, thus showing I made a profit on how I spent my time.

MachoMan's picture

No.  Ask yourself why everyone gets taxed on particular ranges the same...  hence brackets.  legal sophistry, i agree, but all of it is...  so...

ParkAveFlasher's picture

OTIRS - Occupy the IRS is coming to America?

Now THAT would be something.

lynnybee's picture

OTIRS - Occupy the IRS is coming to America?    ..... go for it !!!!   fraudulent I.R.S. ........ show me the law !! there is no law saying that we have to pay income tax;  cancerous government & parasitic banking system deliberately draining what little wealth the average citizen has left !    just wait til people sell a  home  in the year 2013 & get hit with a government "fee" of 3.8% of the sale price has to be paid to the U.S. GOVERNMENT on the sale of their property !!!     PARASITES.

aerojet's picture

I would like to see at least one Federal Reserve bank alight.  Shit, did I just post that on a public message forum?  Well, fuck 'em.

Jim in MN's picture

Greece ain't payin', but the ECB goose keeps layin'.

kaiserhoff's picture

At the first level, this is a protest against responsibility by the Greeks, the kleptocrats, and the Jewish bankers.  What, me grow up?  Why?

MachoMan's picture

Yep.  Waiting on everyone to start throwing molotov cocktails at themselves to protect future generations and the greek way of life...  and autonomy.  I'm not holding my breath.  Although, I guess technically, bumming off everyone IS the greek way of life at this point...  so scratch that one.

jdelano's picture

I fucking hate the MSM for supressing this.  Just sayin.

Subprime JD's picture

The MSM is not your friend. They do not work for you but for the fortune 400. They serve corporations, revenue sources and the powers that be. Their intention is to keep you in the dark, misinformed, trusting of the government. Thank God for the internet thats all I can say.

Tao 4 the Show's picture

Check out the Telecommunications Act- passed under Reagen, I think. broke down the rules barring excessive and vertical ownership of the media in the U.S. Anyway, around 30 years ago, media ownership suddenly concentrated in the hands of a few large corporations. Prior to that it was owned by lots of small guys and there was a chance for the truth to come out. After that, all the wisdom of the past including anti trust etc was ignored.

ReallySparky's picture

They don't want to give the sheep any idea's.  Last night I was out and ran into some younger folks.  I was chatting with them and asked what they thought about the OWS protests.  They had not clue it was even going on, or what it was supposedly about.  They also had no clue about Greece, Arab spring, blah, blah, blah.  These are college educated kids that are my sons age.

This says a lot about our public eduction system.  I gotta move to another planet, were there is some reality and like minded people.