The IMF and the RHT

The Fund\’s report rules out a financial transactions tax – something marketed by campaigners as a Robin Hood Tax – as impracticable, and likely to cause economic damage by distorting flows of capital around the world.

Oh dearie me.

So, a balance sheet tax it is then. Plus a cashflow tax, which I\’m not quite sure I understand as yet….

2 thoughts on “The IMF and the RHT”

  1. Brian, follower of Deornoth

    “So, a balance sheet tax it is then. Plus a cashflow tax, which I’m not quite sure I understand as yet….”

    A “grab any money we can get hold of tax” is what it is. The looters are running out of money to steal, and they don’t like it.

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