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IMF's Lagarde, Who Blasted Tax Evaders, Pays No Taxes

Her salary from an international organization is exempt

By John Johnson,  Newser Staff

Posted May 29, 2012 4:55 PM CDT

(Newser) – IMF chief Christine Lagarde probably wants this one back: She infuriated Greeks last week by asserting that a big part of the nation's financial crisis is "all these people in Greece who are trying to escape tax." It's time for this nation of tax-dodgers to pay up, she declared. After getting bombarded by critics on Facebook, Lagarde walked back the criticism a bit, notes the New York Times. But today, the Guardian follows up with more fodder for her critics: LaGarde has to pay no taxes at all on her own $468,000 salary.

"I suppose we can have a discussion about why international organization employees shouldn’t pay taxes," writes David Dayen at Firedog Lake. "But the bigger issue is that Lagarde surely knew at the time of making comments about evil tax evaders that she paid no tax on her salary. This reeks of the attitude of one system for the little people, and one for the elites, which characterizes elite discourse in this day and age."

Christine Lagarde of the International Monetary Fund.
Christine Lagarde of the International Monetary Fund.   (AP Photo Oli Scarff, Pool)
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COMMENTS
Showing 3 of 15 comments
Antone123
May 30, 2012 6:50 AM CDT
Oh, make those Tax Dodgers pay up.  And you ,set an example and pay your fair share.
lostmtnman
May 29, 2012 9:14 PM CDT
This is how it is, one system for the rich and one for the working stiff.
Mr-G
May 29, 2012 8:45 PM CDT
There is an incompleteness in the form of the core of the article, (that can confuse the average reader not familiar with the system),which tends to associate the situation of Ms. Lagarde, as a tax-exempt foreign (..she is French) national, employed as such by the IMF( International Monetary Fund), to the culture of the Greek tax-payer who notoriously have the worse tax base cheaters in Europe with the largest socialistic welfare system, and a run-away "migration" body, just as we're building here in the US! There are a number of international organizations like that in Washington DC, namely the World-bank, the OAS (Organization of American States),the BID(bank for Itn'l Development, and the UN in New York,whose the average of 65% of their staffs are tax-exempt foreign nationals. All American citizens and permanent residents pay US taxes just like any other American. Ms. Lagarde should not apologize for her own legitimate and legal situation, and stand firm on her intervention as far as the abysmal economic situation in Greece that is affecting the European economic situation causing also rumbling around the world!
 

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