Although I did know it, missed making the point:
Ms Lagarde was forced to publish an embarrassing climbdown on her Facebook page over the weekend after being bombarded by hundreds of Greek people who felt insulted by her suggestion that the country’s crisis was partly due to “all these people in Greece who are trying to escape tax”.
However, on Tuesday she had to admit that her $467,940 (£300,000) annual salary and $83,760 of additional allowances are entirely tax-free as the IMF is an international organisation.
An IMF spokesman said: “Salaries, like those in most international organizations, are paid on a lower, net of tax basis to ensure equal pay for equal work regardless of nationality.”
Me, I think it would be interesting to have this work the other way around. Ensure that those who work for these international organisations do not get tax free salaries. Rather, insist, indeed force, them to do their own tax forms (no accountants or assistants!) for country of work, residence and domicile, force them to line up with everyone else for visas and so on. Absolutely insist that they have to live by all the same rules as the little people.
We\’d soon see some red tape bonfires, wouldn\’t we?