"The trouble with socialism is that eventually you run out of other people's money" - Margaret Thatcher - A few days ago she said this: Christine Lagarde: Greeks can help themselves out of the crisis by 'paying their tax' - Telegraph Now today we find out this: Anger over Christine Lagarde's tax-free salary Rob Hastings Wednesday 30 May 2012 It was called her "Let them eat cake" moment. Now Greece will be saying: "Make her pay tax". The IMF chief Christine Lagarde was accused of hypocrisy yesterday after it emerged that she pays no income tax â€“ just days after blaming the Greeks for causing their financial peril by dodging their own bills. The managing director of the International Monetary Fund is paid a salary of $467,940 (Â£298,675), automatically increased every year according to inflation. On top of that she receives an allowance of $83,760 â€“ payable without "justification" â€“ and additional expenses for entertainment, making her total package worth more than the amount received by US President Barack Obama according to reports last night. Unlike Mr Obama, however, she does not have to pay any tax on this substantial income because of her diplomatic status. Anger over Christine Lagarde's tax-free salary - Europe - World - The Independent Typical I guess. Not much more really needs to be said.