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Whoopsy - Christine Lagarde's PR fiasco gets worse

I awarded Christine Lagarde of the IMF this month's PR blunder, but it turns out she may win for the year!

After her comments that the Greeks should basically accept their suffering and start paying more taxes, it turns out that Lagarde doesn't pay taxes herself!

You can read the full story here.

Because of her diplomatic status she pays no tax - that's right, zip, zero, nada - on her 467k salary.

Her PR blunder was bad enough, but this basically destroys whatever brand she had. Who in their right might chastises people who are suffering, saying they need to pay more taxes, when they themselves pay no taxes?

But hey, none of this is a big deal really. I mean, after all, the Treasury Secretary of the United States, Timothy Geithner, didn't pay his taxes and no one seemed to really care.

Now, please don't copy Lagarde or Geithner. If you don't pay your taxes you'll be looking at a massive repayment order with interest tacked on to the amount you owe. Refuse to pay that? You'll get to see what jail looks like.

If you want to avoid paying your taxes then you'll have to work your way up the food chain so that you are the head of powerful financial institutions, then you can do whatever you like. The law after all was not made for people in such positions.


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