on October 16, 2013 in World News
IMF Proposal to Tax Bank Deposits
IMF Proposal to Tax Bank Deposits A report by Agence France-Presse, the International Monetary Fund strongly suggests countries tax the rich to fix deficit, is a caveat for a bigger risk. “The IMF has set off shockwaves this week in Washington by suggesting countries fight budget deficits by raising taxes. In its Fiscal Monitor report, subtitled “Taxing Times”, the Fund advanced the idea of taxing the highest-income people and their assets to reinforce the legitimacy of spending cuts and fight against growing income inequalities.” Before all those occupy supporters, rejoice and… View Article
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