Not even attempting to spin it, interesting. To mis-quote Tyler Cowen, "retarded throughout."High earners and companies that prospered in the coronavirus crisis should pay additional tax to show solidarity with those who were hit hardest by the pandemic, according to IMF.
A temporary tax would help to reduce social inequalities that have been exacerbated by the economic and health crisis of the past year, the fund said in its twice-yearly fiscal monitor on Wednesday. It would also reassure those worst affected that the fight against Covid-19 is a collective endeavour within societies.
This is coming on the heels of a story about the UN having a case of teh sads that some countries have higher interest rate/borrowing costs because they're riskier to lend to.