Recently, Greece underwent an economic crisis. While there are numerous factors that contributed to the crisis, one problem is Greece's tax system, which is very complicated. As a result, numerous Greeks simply choose not to pay their taxes. How would this situation affect Greece's economic growth?

Question

Kathryn Shea

Social Studies

24 March, 00:23

Recently, Greece underwent an economic crisis. While there are numerous factors that contributed to the crisis, one problem is Greece's tax system, which is very complicated. As a result, numerous Greeks simply choose not to pay their taxes. How would this situation affect Greece's economic growth?

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Answers (2)

Know the Answer?

Nadeen · Answer 1

Answer: Greece's economy will be affected by an inefficient tax system.

Explanation:

Taxation is a major source of revenue through which government meets the basic needs of its society.

Eve Marks · Answer 2

Answer ... Greece's economy is affected by lack of an efficient tax system.

Explanation:

Tax system is regarded as official governmental system connected to governmental policy created to collect tax in order to provide necessary amenities for the citizens.