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95 billion plus 108 billion in tax revenues collected would equal 203 billion.

That's about 19k euros per capita.

Something is wrong in those tax evasion projections. Greece would be collecting as much as 3x more per capita in REAL currency than is collected per capita in the USA.

It's a high amount, and it would be equivalent to the highest amount in Europe, Sweden, in real terms, but it would also mean the absolute highest amount in Europe in terms of per capita GDP.

On another topic, I found this chart as I was looking up stats on Sweden:

http://www2.parl.gc.ca/content/LOP/ResearchPublications/images/prb05107_1-e.jpg

It shows that the country with the highest government expenditures happened to have the lowest debt to GDP (Sweden) while the country with the lowest amount of government expenditure (Japan) had the highest amount of debt to GDP.

by Upstate NY on Wed May 26th, 2010 at 12:28:43 AM EST
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No, the 95 billion obviously includes taxes due from previous years. It almost certainly includes the 30 billion in unpaid taxes I mentioned (that's over the previous decade) and possibly a serious amount of VAT owed but never collected over the whole period.

The road of excess leads to the palace of wisdom - William Blake
by talos (mihalis at gmail dot com) on Wed May 26th, 2010 at 03:59:57 AM EST
[ Parent ]
I see, my mistake.

50% tax evasion is still a huge estimate.

by Upstate NY on Wed May 26th, 2010 at 07:25:48 AM EST
[ Parent ]

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