Read time: 0 minutes

Tax The Rich? IMF Report Shocks The Establishment

This is the last thing observers expected to hear from an IMF report on public debt.

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…

 
Can you help us out?

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $20 for 2020? Please consider a one time or recurring donation of whatever amount you can spare, or consider subscribing for an ad-free experience. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

More C&L Coverage

Comments

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.