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IMF want 10% tax on all European Bank Deposits and increases to property Taxes.

Discussion in 'Europe' started by Cassandra Syndrome, May 13, 2017.

  1. Cassandra Syndrome

    Cassandra Syndrome Well-Known Member Political Irish

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    The International Monetary Fund (IMF) is always the cheerleader to raise taxes to support government. They are instructing Germany to raise taxes and also talking about just imposing a 10% tax on all money that deposits in banks throughout Europe. Yes – you read that one correctly.

    The IMF has told Germany it should raise its property tax, cut social welfare contributions and invest more to reduce income inequality.

    The IMF has already calculated how much the measure would cost every Eurozone citizen:
    The amount of the tax would have to bring the European sovereign debt back to the pre-crisis level. In order to reduce the debt to the level of 2007 (for example in the euro area countries), a tax of about 10 percent is needed for households with a positive asset.

    IMF Proposed a Capital Levy – Tax on Money in Bank Accounts & Raise Property Taxes | Armstrong Economics


    I can see them ban the large notes, ban using cash for payments above xxxx€ or make existing notes worthless by replacing them at short notice.

    Look at the new Euro notes coming out, they are forcing you to exchange money and declare where it came from.

    Desperate times for them, with the potential loss of the UK`s Billions the Euro is screwed.


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  2. bogtrotter

    bogtrotter Well-Known Member Political Irish

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    The IMF can feck right off, surely this would cause riots across Europe.
     
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  3. TheWexfordInn

    TheWexfordInn Well-Known Member Political Irish

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    Didn't Noonans tax raid on Pension Funds set a precedent for this latest proposed theft on savings? Perhaps the IMF noticed that there were no riots on the street when theft took place.

    I liked this line from the link:
     
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  4. 2pacs

    2pacs Well-Known Member Donator Political Irish

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    Has to be their plans for when the Euro and the Dollar collapses?

    Ironic that they will only raid private savings and leave the big businesses alone.
     
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  5. Olli Rehn

    Olli Rehn Posting Legend Political Irish

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    Something wrong in your thesis here. How can the IMF "instruct" Germany to do this when you usually say it is Germany and Angela Merkel who calls the shots ?
    And what happened to the "ziomatrix" ?
    You never run out of bullshit, do you ?
     
  6. Satoshi

    Satoshi Non Registered Member GUEST

    Did we see riots in Cyprus when everone's bank accounts were looted in 2013? Em, nope.
     

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