Greek Finance Minister Euclid Tsakalotos said on Wednesday that the country’s top short-term priorities are shoring up capital levels in the country’s banks and kicking off discussions on debt relief with Greece’s creditors.

Upon assuming office, the Oxford-education, Dutch-born Marxist FinMin told reporters: “Our priority is the recapitalization of banks so that there is stability in the economy, and secondly, concluding the assessment and starting discussions on debt.”

Debt relief aside, a storm of new tax measures being considered will shock taxpayers. Early comments by Tsakalotos and Deputy Finance Minister George Chouliarakis indicate that the groundwork needed for painful tax changes has already been laid at the Ministry of Finance. The math doesn’t stretch out, however, because Greece’s staggering revenue targets can’t be reached despite the harsh measures, and even with the emergency contribution on income tax.

Other interventions are being considered, such as a uniform tax index for all incomes but with different payments for wage earners, the self-employed, farmers, rent collectors etc. This could mean that low incomes would pay the amount of tax they already pay or slightly less, whereas middle incomes from 25,000 to 30,000 euros per year and over may end up paying more taxes to the ones they currently pay.

Another problem to the government’s tax plans are the fact that wages in 2015 are constantly being reduced. The downward spiral means that 25,000 euros per year is no longer a middle wage, meaning that even low incomes could need to be taxed in order to yield the required revenue.