ECONOMY

Taxes seen eating up incomes

Tax officers expressed fear on Thursday that the number of people with debts to the state will soar this year unless the government draws up regulations to help make tax payments easier for people on low incomes.

The president of the Panhellenic Federation of Tax Office Employees, Charalambos Nikolakopoulos, said that ?after receiving the new tax slips and the notices for property taxes, taxpayers will not be able to spend a single euro on living expenses. They will only pay for their taxes. It is impossible for the new tax slips to be paid.? He also warned on Skai Radio that citizens could start causing havoc at the country?s tax offices.

Nikolakopoulos said that no more than 1.5 million taxpayers have submitted their income statements so far this year, with next month?s deadline fast approaching, out of a total of 5.5 million.

The union he represents is proposing monthly installments for the payment of taxes that would range from 10 to 25 percent of each taxpayer?s monthly income.