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IMF Wants to Introduce Compulsory Tax

Published: November 4, 2013; 19:36 · (Vindobona)

IMF’s idea of introducing a compulsory tax on household assets could decrease state debt earns harsh criticism. Economists reject the idea.

IMF Wants to Introduce Compulsory Tax / Picture: © Flickr

According to economists at the International Monetary Fund, a one-time levy on household assets before there was a flight of capital could by all means be regarded as fair. The paper suggests that a tax as high as ten percent could reduce national debt ratios in most Eurozone member countries to before the level of 2007, the year before the economic and financial crisis…

This article includes a total of 241 words.

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