The Greek government's financial problems come down to one thing: Tax evasion. James Surowiecki wrote in the New Yorker magazine that Greece's financial woes are due to the simple fact that "tax evasion is the national pastime." IMF head,
In that context, I do see a danger of America becoming Greece. Many of our most privileged already see beating the tax man by any means possible, no matter how unseemly, as more than acceptable.
But the "paying taxes is for chumps" attitude is dangerous. Voluntary tax compliance has been a bedrock of the modern American economic system. And we are putting that voluntary compliance in jeopardy as ordinary Americans see the ways the wealthiest can and do game the system.
Let's not become Greece, Mr. Ehrlich. Everyone needs to pay their fair share of taxes.