Greece is rapidly heading towards economic collapse, and this has finally motivated tho do something that should have been done long ago:
The Greek government has announced it will start taxing churches as part of its efforts to get out of its financial crisis. A new draft bill to be tabled in parliament next week imposes a 20 per cent tax on the Orthodox church’s real estate income, reportedly worth over 10 million Euros (US $14.8 million) a year, the Wall Street Journal reports.
The Greek Orthodox church is squealing like a stuck pig, of course.
However, the Greek government has a debt of €216 billion; belatedly taxing €10 million isn’t going to make much of a dent. Let’s hope Greece isn’t leading the way into catastrophic economic failure.