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ATHENS, Greece (AP) -- Greek lawmakers approved a controversial new property tax Tuesday that aims to boost revenue as the country struggles to obtain a critical installment of international bailout loans that will prevent it from default.
The new tax passed 154 votes to 143 against in the 300-member parliament. It was announced earlier this month after international debt inspectors suspended their review of Greek reforms amid talk of missed revenue targets and delayed implementation of austerity measures. The inspectors are expected to return to Athens this week.
The new tax will be charged through electricity bills to make it easier for the state to collect, instead of going through Greece's unwieldy and inefficient tax system. Those who refuse to pay risk having their power cut off.
But the extra charge has deeply angered Greeks, who have already been through more than a year of sharp austerity that has seen salary and pension cuts and increased taxes across the board.
Originally posted by sicksonezer0
And people wonder why peaceful protests do nothing. We need a revolution. We need something unsettling.edit on 27-9-2011 by sicksonezer0 because: (no reason given)
Originally posted by LiberalSceptic
reply to post by SeleneLux
And which people will be in control of this new system?
Which people will be in charge of redistributing the wealth?
Corruption and greed is in the Human genome.