Christine Lagarde, the General Director of the IMF, caused a stir recently when she said that the Greeks should stop complaining and just pay their taxes. Now it has emerged that Ms. Lagarde earns almost €400k per annum and pays no taxes whatsoever. Her status as an employee for a trans-national institution exempts her from taxation.
Nice work if you can get it.
In other news, as part of his latest skirmish in the War on Obesity, Mayor Michael Bloomberg plans to ban large sugary drinks in New York City.
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