Doesn’t Greece have rich people?
Greece has extremely few rich people - if the official declarations of income and property are anything to go by.
The numbers from the tax declarations highlight several Greek "peculiarities": On paper, Greece has hardly got any rich individuals. Only 27,000 taxpayers declare an individual income of more than 100,000 euros, while four out of 10 appear to live on €5,000 a year.
Fewer than 15,000 owners have personal real estate worth more than €1 million, while fewer than 70,000 bank customers have large deposits of more than €100,000.
From some 300,000 legal entities operating in the country, only 10,000 declare taxable profits of more than €150,000, meaning that even fewer (given that corporate income tax and withholding tax must be deducted) are able to distribute earnings over €100,000. On the contrary, 235,000 firms out of approximately 300,000 - or eight...
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