IMF boss Christine Lagarde pays no tax

[girl gone mad]

12. It doesn't matter whether people avoid taxes through legal shenanigans..

shelters, legal loopholes or through illegal schemes. The end result is still the same: fewer taxes paid, less revenue collected.

Greece should not bother increasing tax collections in the midst of a depression, least of all when the bulk of the tax money collected ends up in foreign banks. Greece needs to increase aggregate demand as much as possible. Following the IMF's ridiculous and self-serving advice would be further folly.