Greek Shippers Weather Storm - WSJ.com

INVEST OR CONSUMER?:Greek Shippers Weather Storm - WSJ.com

What I particularly like is the clear fact that by being "exempt from income taxes" the companies grow and prosper.

Could this be a lesson that too high taxes tends to keep the rest of the economy in Greece and elsewhere from growing?

Or, is it 'better' to strip the income from the productive sectors and 'give it to the needy'?

Greece is clearly paying the price for too much of the latter and not enough of the former. But, then again, so is much of Europe, the UK and the US.