Analysis supports tax strategy of Jeremy Corbyn’s Labour in UK – and undermines that of Donald Trump in USHigher income tax rates for the rich would support reduce inequality without having an adverse impact on growth,the International Monetary Fund has said.
In an analysis certain to be seized on by Labour as backing for its tax strategy, the IMF used its influential half-yearly fiscal monitor to attack the rationale for the reductions in tax for the highest earners in recent decades. Related: Global economic recovery may not final, and warns IMF Continue reading...
Source: theguardian.com