The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

In this handout provided by the International Monetary Fund (IMF), International Monetary Fund Deputy Director Michael Keen presents the Fiscal Monitor Press Conference October 9, 2013 at the IMF Headquarters in Washington, DC. The report said that emerging-market governments were at economic risk. (Image credit: Getty Images via @daylife)
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.
Yes, you read that right. But don’t take it from me. The report itself says: