IMF calls for tax hikes on wealthy to reduce income gap

Global lender of last resort warns inequality exacerbated by Covid crisis could trigger social unrest Coronavirus - latest updates See all our coronavirus coverage The International Monetary Fund has called on governments to close the income gap between the richest and poorest that has worsened during the Covid pandemic, by spending more and taxing wealthy households. In a warning that the economic shock triggered by the pandemic could undermine public attitudes to the fairness of taxation and w...