Eurozone Considering 10% Tax On Money In Bank Accounts
Baxter Dmitry
YourNewsWire.com
May 13, 2017
The International Monetary Fund (IMF) has instructed Germany to raise taxes and advised the Eurozone to impose a 10% tax on all money deposited in banks throughout Europe.
The IMF claims that taxing your money when you earn it and then taxing your money again when you spend it is not enough. European governments should also tax your money while you save it.
This latest central banking ruse represents theft by a tribe which believes they are entitled to steal from everybody else. They aim to kill off the middle class entirely. In the central bankers’ grand vision, there are slaves and masters, no one else.
Armstrong Economics reports:
The IMF warns that there is a relatively high tax burden on lower incomes with a comparatively low burden on assets.
The IMF argues for higher taxes on property are in fact necessary and that the government should demand higher wages to also give impetus to the growth in Germany, yet this is magically creating no inflationary impact.
Years ago, Italy simply imposed a tax on money in one’s account. This was called a “capital levy”. This was a one-time charge as an exceptional measure to restore the sustainability of the debt. The IMF is also suggesting that measure be invoked to help the coming Sovereign Debt Crisis.
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