It is necessary to further tax the rich, writes the IMF in its latest report

The director of the international monetary Fund (IMF) Christine Lagarde. — JUSTIN TALLIS / AFP

It is a position which is somewhat surprising. Pointing to the growing inequalities in the distribution of wealth, the international monetary Fund (IMF) said on Wednesday that it needed to be more taxing the more affluent to promote
growth.

“Most developed countries have witnessed a signicant increase in income inequality mainly caused by the increase of income of market of the 1 % of the richest “, noted the experts of the IMF in the latest edition of the “fiscal Monitor” unveiled Wednesday.

“A higher tax rate the higher would do no harm to the growth”

Also read : The IMF expects a rebound in the global economy, except in the United States

The president of the IMF has, however, ensured that this proposal was intended mainly to economies advances, which have reduced
taxes on the wealthiest and on corporations in recent years. In these countries, ” an increase of the tax rate the higher would not harm to growth “, she stated.

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