Canada 12.7 Greece
Ireland 13.2
The list is from Friedrich Schneider’s
“The Influence of the Economic Crisis
on the Underground Economy in
Germany and other OECD-countries in
2010” (unpublished paper, revised
edition, January 2010). The list is not
surprising. American, Swiss, and
Japanese taxpayers are pretty honest. So
are most of the other Western European
democracies. Greece, Spain, and Italy
are not. In fact, the level of tax evasion
in Greece is such that the country’s
deficit—which is so large that Greece
has teetered on the brink of outright