Instead of raising taxes, can we just stop sending money to the IMF?
AvailableMilk2633 on
This has been the obvious move for at least a a year, but no way it happens
Odd_Explanation3246 on
Imf has puts
Im_A_MechanicalMan on
Whatever the IMF says to do, do the opposite.
SufferinginMN on
IMF…. Raise taxes on Americans so we can have more free money. Then, we will use that money to lobby against you and use the multinational corporations to pressure politicians to accept our ‘guidance’. Then you can invest in us because our tendies taste better.
LameDonkey1 on
Fuck the IMF. Just send some F-35s to their next board meeting.
plznodownvotes on
The IMF is busy putting out bullshit recently. For example, they say that Canada will outperform in 2025 because of GDP, like that’s the only metric to judge an economy on. Meanwhile GDP per capita continues declining due to rampant, uncontrolled and unprecedented immigration.
Bob_Kendall_UScience on
I liked IMF better when they had that song Unbelievable
Vegan_Honk on
But our oligarchs don’t wanna do that! 
intiia1 on
Tax hikes are a great way to stifle production and end up actually decreasing the national revenue.
You can fleece someone with taxes the first year, but nothing guarantees he’ll be there to get shafted next year.
LawrenceofIndia on
Raising taxes would constrict the money supply and further fight inflation. And it would have been better than raising interest rates since middle income companies and families feel the squeeze of this more. Large caps who print money yet still borrowed when rates were effectively zero just started using more of their cash flow.
However fed can only adjust rates and raising taxes required Congress which didn’t happen.
lostfinancialsoul on
I mean we technically cut taxes during an expansion which is generally a terrible time to cut taxes.. Oh and interest rates were pretty low when we cut them…. which ultimately screwed us pretty decently.
Since raising taxes is unpopular… yea..
ThisKarmaLimitSucks on
They’re not wrong. Lower spending and higher taxes are the only way out of our budgetary hole.
darkVidrio on
Thanks for the opinion?
My-Cousin-Bobby on
IMF has puts
DonkStonx on
IMF can suck it.
Complex-Ad-2121 on
High inflation is basically doing the same thing as raising taxes. State government collects more taxes from higher priced items.
Jonesbro on
Lol this is actually what should be done. Taxes should have been raised a year ago once we knew we over juiced the economy. We also spent a ton of extra money that has to come from somewhere aka taxes.
kingofwale on
And IMF said Canada will outperform G7… so you know they have no idea what they are talking about
NanoDaMan on
I think the IMF should send money to my bank account and then give me a hand job.
EducationalHawk8607 on
Yeah take more of peoples spending money that will surely help the economy
Ok-Health8513 on
What’s the point in increasing taxes if the government increases spending ? That just makes us the taxpayers poorer
Marythatgirl on
tax cut for household less than 400k and tax the rich please
24 Comments
Does the IMF know what they are taking to?
Instead of raising taxes, can we just stop sending money to the IMF?
This has been the obvious move for at least a a year, but no way it happens
Imf has puts
Whatever the IMF says to do, do the opposite.
IMF…. Raise taxes on Americans so we can have more free money. Then, we will use that money to lobby against you and use the multinational corporations to pressure politicians to accept our ‘guidance’. Then you can invest in us because our tendies taste better.
Fuck the IMF. Just send some F-35s to their next board meeting.
The IMF is busy putting out bullshit recently. For example, they say that Canada will outperform in 2025 because of GDP, like that’s the only metric to judge an economy on. Meanwhile GDP per capita continues declining due to rampant, uncontrolled and unprecedented immigration.
I liked IMF better when they had that song Unbelievable
But our oligarchs don’t wanna do that! 
Tax hikes are a great way to stifle production and end up actually decreasing the national revenue.
You can fleece someone with taxes the first year, but nothing guarantees he’ll be there to get shafted next year.
Raising taxes would constrict the money supply and further fight inflation. And it would have been better than raising interest rates since middle income companies and families feel the squeeze of this more. Large caps who print money yet still borrowed when rates were effectively zero just started using more of their cash flow.
However fed can only adjust rates and raising taxes required Congress which didn’t happen.
I mean we technically cut taxes during an expansion which is generally a terrible time to cut taxes.. Oh and interest rates were pretty low when we cut them…. which ultimately screwed us pretty decently.
Since raising taxes is unpopular… yea..
They’re not wrong. Lower spending and higher taxes are the only way out of our budgetary hole.
Thanks for the opinion?
IMF has puts
IMF can suck it.
High inflation is basically doing the same thing as raising taxes. State government collects more taxes from higher priced items.
Lol this is actually what should be done. Taxes should have been raised a year ago once we knew we over juiced the economy. We also spent a ton of extra money that has to come from somewhere aka taxes.
And IMF said Canada will outperform G7… so you know they have no idea what they are talking about
I think the IMF should send money to my bank account and then give me a hand job.
Yeah take more of peoples spending money that will surely help the economy
What’s the point in increasing taxes if the government increases spending ? That just makes us the taxpayers poorer
tax cut for household less than 400k and tax the rich please