Wealth-taxing, redux
FT Alphaville » Greece 2013-12-20
Summary:
Sign of the times perhaps, though in any case easy to overlook (as we did)…
That’s a box on “one-off capital levies” — or wealth taxes — burrowed away on page 49 of the IMF’s latest Fiscal Monitor. Click to enlarge. Hat-tip to Societe Generale’s rates strategists.
Just in case you thought the Cypriot precedent had been forgotten.
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