October 14, 2013

In light of Republicans, Democrats and prominent newsreaders talking about how we're of course going to "do something" about entitlements in any deal, I doubt anyone's going to pay any attention to this IMF report. But they should:

Tax the rich? IMF sparks a mini revolution (via AFP)

Tax the rich and better target the multinationals: The IMF has set off shockwaves this week in Washington by suggesting countries fight budget deficits by raising taxes. Tucked inside a report on public debt, the new tack was mostly eclipsed by worries…

 

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