cancel
Showing results for 
Search instead for 
Did you mean: 
Advisor

global wealth confiscation

The International Monetary Fund (IMF) quietly dropped a bomb in its October Fiscal Monitor Report. Titled “Taxing Times,” the report paints a dire picture for advanced economies with high debts that fail to aggressively “mobilize domestic revenue.” It goes on to build a case for drastic measures and recommends a series of escalating income and consumption tax increases culminating in the direct confiscation of assets.

 

 

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwor...

1 Reply
Senior Advisor

Re: global wealth confiscation

No amount is ever enough for the progressives.