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Lagarde On Taxes And Diplomacy: It's All TurboTax To Me

Tyler Durden's picture




 

What is it about IMF heads and inserting foot, or some other appendage, in mouth, or some other orifice?

The Forelash (sic): It's payback time: don't expect sympathy – Lagarde to Greeks

Using some of the bluntest language of the two-and-a-half-year debt crisis, she says Greek parents have to take responsibility if their children are being affected by spending cuts. "Parents have to pay their tax," she says.

 

Lagarde, predicting that the debt crisis has yet to run its course,  adds: "Do you know what? As far as Athens is concerned, I also think  about all those people who are trying to escape tax all the time. All  these people in Greece who are trying to escape tax."

 

She says she  thinks "equally" about Greeks deprived of public services and Greek  citizens not paying their tax."I think they should also help themselves collectively." Asked how, she replies:  "By all paying their tax.

 

"Asked if she is essentially saying to the Greeks and others in Europe that they have had a nice time and it is now payback time, she responds: "That's right."

And the Backlash: Christine Lagarde, scourge of tax evaders, pays no tax

Christine Lagarde, the IMF boss who caused international outrage after she suggested in an interview with the Guardian on Friday that beleaguered Greeks might do well to pay their taxes, pays no taxes, it has emerged.

 

As an official of an international institution, her salary of $467,940 (£298,675) a year plus $83,760 additional allowance a year is not subject to any taxes.

 

Lagarde, 56, receives a pay and benefits package worth more than American president Barack Obama earns from the United States government, and he pays taxes on it.

 

The same applies to nearly all United Nations employees – article 34 of the Vienna convention on diplomatic relations of 1961, which has been signed by 187 states, declares: "A diplomatic agent shall be exempt from all dues and taxes, personal or real, national, regional or municipal."

 

According to Lagarde's contract she is also entitled to a pay rise on 1 July every year during her five-year contract.

 

The managing director of the International Monetary Fund is paid a salary of $467,940 (£298,675), automatically increased every year according to inflation. On top of that she receives an allowance of $83,760 – payable without "justification" – and additional expenses for entertainment, making her total package worth more than the amount received by US President Barack Obama according to reports last night.

 

Other benefits include rent subsidies, dependency allowances for spouses and children, education grants for school-age children and travel and shipping expenses, as well as subsidised medical insurance.

 

For many years critics have complained that IMF, World Bank, and United Nations employees are able to live large at international taxpayers' expense.

Uhm, what inflation? Isn't the world drowning in deflation according to the central planner? Also, why not avoid all the unbearable hypocrisy and just use TurboTax: it works for the most prominent tax evader in the "free world."

Our only question: has Lagarde spent all her tax-free, hypocrisy-laden money purchasing spare containers of Agent Orange from Angelo Mozilo?

courtesy of William Banzai

Our advice madame IMF head - avoid presidential suites at New York hotels like any tanning lotion with a SPF less than 50.

 

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Wed, 05/30/2012 - 15:57 | 2477113 Matt
Matt's picture

If a race horse goes lame, shoot it. That is a key perspective in effective tax farming.

Wed, 05/30/2012 - 15:03 | 2476803 William.M.Tweed
William.M.Tweed's picture

I was going to say her face made me think of tan mom

Wed, 05/30/2012 - 14:52 | 2476784 Pejorative Requiem
Pejorative Requiem's picture

LOL out to WB......... anyone remember Bill The Cat? All that's missing are the bubbles around the head. Too funny.

Wed, 05/30/2012 - 14:53 | 2476791 Convolved Man
Convolved Man's picture

Begging your forgiveness M'lady,

 

would you be so kind as to replace these heavy forged steel chains with the lighter and stronger EBM fabricated titanium alloy chains?

A happy slave is a productive slave.

Wed, 05/30/2012 - 14:53 | 2476792 Seasmoke
Seasmoke's picture

cant someone find a bellboy for her to rape

Wed, 05/30/2012 - 15:24 | 2476937 NotApplicable
NotApplicable's picture

LOL

I have to point out the obvious, though. They only get progressively worse along with the decay they manage.

Wed, 05/30/2012 - 19:11 | 2477670 hedgehog9999
hedgehog9999's picture

Hell, my dog wouldn't touch her!!

 

 

Wed, 05/30/2012 - 14:53 | 2476793 AnAnonymous
AnAnonymous's picture

We, the People, on behalf of humanity, would like to apologize to the greek people for Ms Lagarde's comments. Yes, you are lazy fucks who understand work only when it includes a six hour siesta. Yes, your club med economy is a disgracious parasit that drains asset from productive investment as set out by germanic people. Yes, your congenital undiscipline and your deep entitlement spirit leads you to consider that hard working people should pay the fucking taxes for you while you live off hooked on tourists'money to whom you rent your three or four house estate. It is all granted.
But Ms. Lagarde crossed the line when she compared you to mud people, thinking more of their welfare than yours.

For this unbearable reason, We, as the speaker for all human beings that lived, lives and will live, would like to apologize to you.

Signed:

a US citizen.

Wed, 05/30/2012 - 15:03 | 2476839 GeneMarchbanks
GeneMarchbanks's picture

This was good, good indeed. Funny in truth.

Wed, 05/30/2012 - 14:54 | 2476795 Pancho Villa
Pancho Villa's picture

Lagarde: "Let them pay tax."

After all, isn't that what serfs are for?

Wed, 05/30/2012 - 14:56 | 2476800 Not Too Important
Not Too Important's picture

"Let them eat tax!"

Who says you can't have your tax and eat it, too?

Wed, 05/30/2012 - 14:55 | 2476797 williambanzai7
williambanzai7's picture

I read somewhere today that the optimistic Greece scenario assumes that tax revenues will exceed outflows by the end of next year.

Who comes up with this shit?

Wed, 05/30/2012 - 15:25 | 2476941 NotApplicable
NotApplicable's picture

Well, they said "optimistic," not "realistic."

Wed, 05/30/2012 - 15:50 | 2477087 Pejorative Requiem
Pejorative Requiem's picture

Outflows = x, Tax Revenues = x + (n%(x)). But I just gave them the formula........ not the values of the variables.

Love the pic....... keeping the earing on its' left side was the professional touch. Looks like Bill The Cat..... maybe some bubbles around the head?

Wed, 05/30/2012 - 14:57 | 2476802 darteaus
darteaus's picture

Fool, taxes are for little people.

Wed, 05/30/2012 - 14:59 | 2476818 walküre
walküre's picture

It's high time for a Royal flush. We can't afford to support and carry the TOP anymore.

Wed, 05/30/2012 - 14:59 | 2476819 optimator
optimator's picture

And why shouldn't she receive more than Obama, she ranks a lot higher on the totem pole.

Wed, 05/30/2012 - 15:00 | 2476821 tony wilson
tony wilson's picture

 

sarkozy on his coy dry mistress legarde.

ohhh

was this

the face that launched

a thousand

painful shits

 

Wed, 05/30/2012 - 15:03 | 2476834 Vince Clortho
Vince Clortho's picture

This facist wench needs to shut her pie hole and go work in a soup kitchen for about 10 years.

Wed, 05/30/2012 - 15:04 | 2476845 noses
noses's picture

So where's the news? It was decided that international functionaries don't have to pay taxes to avoid confusion about the recipients. The same is true about the facility manager of the EMBL at Heidelberg. Or any other international organization. And officially this is priced in (i. e. her salary would double if she had to pay taxes).

Wed, 05/30/2012 - 15:28 | 2476950 NotApplicable
NotApplicable's picture

The news is that most of those people would have the sense to STFU and not get up on a soap-box to lecture others who don't pay either, simply because they aren't special like her.

But, she's obviously got thick skin...

Wed, 05/30/2012 - 15:05 | 2476851 zebra
zebra's picture

looking at the picture, i thought US government admits the existence of alien species?

Wed, 05/30/2012 - 15:08 | 2476862 monopoly
monopoly's picture

And we are surprised at this. She is just one of the gang.

Wed, 05/30/2012 - 15:17 | 2476902 Cognitive Dissonance
Cognitive Dissonance's picture

And the real reason DSK just had to go.

http://en.wikipedia.org/wiki/Dominique_Strauss-Kahn

Wed, 05/30/2012 - 15:13 | 2476888 DavosSherman
DavosSherman's picture

With the tanning bed tax I'm sure the skank pays almost $530K a year in taxes. Fugly

Wed, 05/30/2012 - 15:15 | 2476890 pissing_excellence
pissing_excellence's picture

Damn that is a fucked up tan version of Don Knotts........

http://youtu.be/og-ug-STj-4

Wed, 05/30/2012 - 15:18 | 2476906 ZeroAvatar
ZeroAvatar's picture

"Honk" if you love taxez, bitchez!

Wed, 05/30/2012 - 15:21 | 2476925 americanspirit
americanspirit's picture

She's a French bureaucrat. She's arrogant. She's hypocritical. What's new?

I'll bet her head detaches easily from that scrawny neck. Alons enfants du patrie!

Wed, 05/30/2012 - 15:23 | 2476934 AnAnonymous
AnAnonymous's picture

She's a French bureaucrat. She's arrogant. She's hypocritical. What's new?

________________________________

She is a US citizen who happens to be French and a bureaucrat. She's arrogant. She is duplicitous. What's new?

Wed, 05/30/2012 - 16:07 | 2477140 Clowns on Acid
Clowns on Acid's picture

Yo AnA - translate this...you are a dickhead..

Wed, 05/30/2012 - 16:30 | 2477232 TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous said:

She is a US citizen who happens to be French and a bureaucrat.

Sorry, no, the error here is what you have exhibited.

People born in France are French citizens. Bear with it.

 

Wed, 05/30/2012 - 15:26 | 2476946 Joe A
Joe A's picture

Then she must feel right at home in Greece. Next to the villa of the Dutch crown prince who doesn't pay taxes either.

Greeks are notorious tax evaders, though. But a Greek friend of mine said that tax spending in Greece is not transparent. It is not clear where the taxes are being spent on.

Wed, 05/30/2012 - 15:35 | 2476985 Debugas
Debugas's picture

REVOLUTION is the only solution

Wed, 05/30/2012 - 15:39 | 2477019 Quinvarius
Quinvarius's picture

I am surprised I am still able to get pissed off at bankers after the past few years.

Wed, 05/30/2012 - 15:44 | 2477050 I am on to you
I am on to you's picture

This woman,if she realy is one,is smoking to much CiaCrack.

No wonder, she became the Thief Executer of the International Momytary Fraudation.

Who the hell can love a woman like that,a, Strauss Khan You?

Back to the Sassoon Hopium Den,to be Excempted,Cayman here i come,book my face!

PAX VOMIT SCUMS!!!!!

Wed, 05/30/2012 - 16:53 | 2477330 TheTwoJohns
TheTwoJohns's picture

where is my phucking bailout and taxbreak??

Wed, 05/30/2012 - 17:23 | 2477408 Roandavid
Roandavid's picture

Feeling terrible about her faux pas Ms. Lagarde later swore that she was intent on adopting her own personal austerity budget immediately upon receipt of her new Wolf Systems Solar Storm 32S.

 

http://www.google.com/products/catalog?client=safari&rls=en&q=tanning+be...

 

No tax, free shipping.

Wed, 05/30/2012 - 18:49 | 2477502 BlackholeDivestment
BlackholeDivestment's picture

 http://www.youtube.com/watch?v=zonhLA1FXtc

If you wanna see Janus, the two face twit, the Secular New World Order(chaos) Black Hole of the Odd Fellows  (g)od(s) of Lloyd face(s), AKA Double Headed Eagle of Lagash, AKA Mayan Half Lion Half Human etc... face, well just go to 1:12:25 in the vid and enjoy. Lol. http://www.youtube.com/watch?v=Kjw72fFC5fw&feature=related

http://www.youtube.com/watch?v=OL7jQZa6rmA&feature=related 

                 ...are the children surprised

 http://4.bp.blogspot.com/-wP7ex9DiQOs/T0u3UhPYpEI/AAAAAAAAKXg/CO-qQaVmgYQ/s400/surprisedbaby2.jpg 

                              by the words

                                    and

                           claim of dominion

                                   of (a)

            The Whore of Babylon Riding The Beast? 

          http://www.youtube.com/watch?v=7YroyqFsejg 

I mean, COME ON!!! ''They'' put that image on the stinking Euro coin

 http://www.google.com/search?q=Europa+Riding+The+Beast&hl=en&prmd=imvns&source=lnms&tbm=isch&ei=C4_GT_y7JMqN6QH0ttHWBg&sa=X&oi=mode_link&ct=mode&cd=2&ved=0CE0Q_AUoAQ&biw=1280&bih=675

 ...and built the EU building in the image of the stinking Tower of Babel

so that it looks like it's still under construction, but!!!, they ran out of time...  

LMAO. http://www.google.com/search?q=EU+Tower+of+Babel&hl=en&prmd=imvns&tbm=isch&tbo=u&source=univ&sa=X&ei=1Y7GT7X5FOPB6AH5uoS0Bg&ved=0CFQQsAQ&biw=1280&bih=675 

                           http://www.youtube.com/watch?v=hysdB4BrMaM

What's next? ...a piece of paper that says ''Debt Note'' and ''In Lloyd's (g)od We Trust''?

Oh, oops...  http://www.youtube.com/watch?v=lwjflO2mXXg&feature=BFa&list=AL94UKMTqg-9DtHuysBzpK5ciUi0_CqK57 

http://www.biblegateway.com/passage/?search=Revelation%2017:%205&version=KJV

 

 

 

Wed, 05/30/2012 - 19:20 | 2477608 hedgehog9999
hedgehog9999's picture

Fucking two face cunt!!!

She should blow that other French guy DSK whatever, what a foking french pair they'd make.

he should get a vasectomy though, at the risk of populating the planet with their offspring......

The optics are horrible (and I don't mean her face) for an organization that doles out austerity.

 

 

 

Wed, 05/30/2012 - 19:57 | 2477748 Wood
Wood's picture

Methinks this story would end better if she would go out and rape the concierge.

Wed, 05/30/2012 - 20:30 | 2477823 Tom Green Swedish
Tom Green Swedish's picture

LaGarde (and Hillary) shut your mouth NOW.

Thu, 05/31/2012 - 03:07 | 2478509 onebir
onebir's picture

So the RHS the face is Mozillo? I thought it was DSK for a minute...

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