Even the IMF now agrees that taxing the rich is the only way to decrease inequality


Progressive taxation could reduce inequality in developed economies by as much as 30 per cent Conservative attacks on Jeremy Corbyn have sought to characterise the Labour leader as a ‘dinosaur’ from the bad old days of the 1970s.

It’s an ill-conceived tactic at best. An increasingly large chunk of the electorate wasn’t even born then, or, if it was, was too young to have been paying attention to current affairs.

It has little faith in the dark fairy tales of Conservative spin doctors and the latest report from International Monetary Fund ( IMF ) suggest that its scepticism is well founded, […]