Editorial: The ENFIA fiasco

The poor determination of the taxable income, at least regarding the ENFIA, was demonstrated during the discussion in...

ΤΟ ΒΗΜΑ

The poor determination of the taxable income, at least regarding the ENFIA, was demonstrated during the discussion in Parliament about the multi-bill.

The apologetic stance of the Finance Minister is indicative, as he accepted the tax errors that were pointed out in the Press and asked for the people’s understanding, while carrying out some changes to examine the excessive taxes.

He also recognized that owning real estate is one thing and the ability to pay corresponding taxes another.

The damage though has been done. Society is in uproar, the State has exposed itself and the implementation of the corrective regulations will prolong the upheaval and confusion.

This means that the selection of taxations, just like their implementation, is no easy task and cannot be done with a calculator in hand.

Taxes are policy tools; their selection and implementation have consequences, affect the economy and society separately.

In this respect, we cannot allow mandarins and professional tax raiders, without any provisions, to handle the analysis and estimation of the consequences they will have on individuals, their families, businesses and, by extension, the entire economy.

The ENFIA fiasco cannot go unnoticed nor can it be forgotten. The government, Ministry of Finances and tax authorities have the obligation of finding a solution to restrict the injustices and examine the excesses. They must also ensure that such phenomena of arbitrary and excessive taxation are not repeated.

Those in power must not forget that an unfair tax is capable of kick-starting uncontrollable situations. History is full of them…

TO VIMA

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