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We are all social democrats now. Almost all of us
by Ingo Schmidt
A few weeks ago, IMF chief Kristalina Georgieva said rich households should pay higher taxes. Inequality in income and wealth had reached proportions that threatened social peace. The head of the IMF, Alfred Kammer, called on the German government, as in previous years, to increase its investments. U.S. Treasury Secretary Janet Yellen is calling for a global minimum tax on companies.
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