Tag Archives: tax on bank accounts

Eurogeddon

Cyprus imposes tax on people with bank accountsCyprus is in so much financial trouble it has imposed a 9.9% tax on all bank accounts over 100,000 Euro and 6.7% on anything under. Hell yes, people are withdrawing their cash faster than a leopard on a treadmill but the bastards have already preempted the move and have  placed restrictions on people emptying their accounts. The idea to raid people’s bank accounts was the brainchild of the European finance chiefs who fear if Cyprus goes kaput it could potentially destroy the Euro dollar. Run people, run.

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