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Below that of a firefighter or a teacher because their net worth accumulates without taxation. so this does tax unrealized gains, but it puts those resources in a prepayment fund. so once they do sell the capital gains or death as a relation here, that fund capital gains tax they would incur at that time. >> bret: the "wall street journal" points out right now the tax is flowing in, that there's a lot of revenue that's flowing in to the government. i will just read a piece of this. washington's record tax windfall in the first five months of fiscal 2022 through february. federal receipts climb...

Nobel prize winning economists are anti-ositarians. i would tend to agree in this instance because greece has few options without getting additional funds and debt relief. if they don't forgive some of the $271 billion that greece owes and just put on more restrictions on what they can do in terms of having to cut pensions, having to raise taxes with the numbers we already see they will get worse. one would assume that younger people in greece would look for somewhere else to live. there are no job opportunities when you have unemployment that's going to go from 26% to 60% or higher. >> it's l...

Received. we have informed our executive board that greece is now in arrears and can only receive imf financing once the arears are firmed. "the imf received a request today from the greek authorities for an extension of greece's repayment obligation that fell due today which will go to the imf executive board. 1.9 billion was due today. greece is totally in debt for $271 billion. the unemployment rate 26.6%. youth unemployment 51.9% in greece. there you see the first quarter gdp. today also fitch had another downgrade for greece. the breakdown of negotiations between the greek government and ...

>> andrea: yeah, i mean if you look at some of useless bureaucrats in is office, we spend $271 billion a year on civilian workers. what about taking that number right off the top and using that to pay for this? you could actually ask the veterans, maybe make it optional. >> dana: some attempts do do that. >> andrea: i think it's the least we can do. now that we are cutting some health benefits. i agree every bit of spending counts. it's only $43 million because we made a stink about more than that. if i look at the money, moroccan pottery classes, $27 million. coburn's waste book and food tast...

>> that decides whether they're in or out of the euro. bill: okay. if that is the case, depending on the outcome, can all of this be avoided yes or no? >> if there is massive bailout, a huge bailout you avoid the crisis of the immediate future. i hate to use the expression expression but a massive bailout would really kick the can down the road beyond our november election. bill: you're going to have a busy weekend. stuart, thank you. we'll see you 9:15 on fbn. stuart varney there. martha has more. martha: this raises concerns whether there could be sort of a domino effect and how does the u.s...