Bank Of Baku

IMF calls US government to raise taxes

IMF calls US government to raise taxes
# 09 July 2010 09:54 (UTC +04:00)
Baku - APA-Economics. The International Monetary Fund is calling for the United States to make a stronger effort to curb its budget deficits, KTXL reported.

The IMF said Thursday that in addition to cutting government spending, the Obama administration will have to consider raising taxes to get the U.S. deficit down to a manageable level.

The IMF proposed a range of possible tax increases which would be certain to generate huge political opposition from reducing the popular tax deduction for home mortgages to instituting a national sales tax.

The IMF report said that the U.S. economic recovery was becoming "increasingly well established" but it warned that the risks remained on the downside.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED