The massive U.S. tax and spending bill slated for a final vote in Congress runs counter to the International Monetary Fund's recommendations that Washington reduce fiscal deficits over the medium term ...

Raise taxes. The IMF said that the US public debt to GDP ratio is projected to remain well above pre-pandemic forecasts over the medium term, reaching 109.5% by 2029 compared to 98.7% in 2020.

The IMF said on Thursday it was closely monitoring the latest U.S. tariffs announcements, saying uncertainty about the global ...

Every country in the world is affected, the IMF said, by hikes in US import taxes that have now lifted average U.S. duties to about 25%, the highest in a century.

In the US, there's Sen. Elizabeth Warren's Ultra-Millionaire Tax Act. It targets households with a net worth between $50 million and $1 billion, who would see a 2% tax, and those with a net worth ...

The IMF says countries should consider implementing wealth taxes to raise revenue during the pandemic in a recently released policy paper.; In recent years, the IMF has shifted its focus and ...

In recent years, the IMF has recommended that the U.S. raise taxes, including on middle income earners, to close fiscal deficits. The Republican tax bill extends 2017 tax cuts and adds new tax ...

WASHINGTON (Reuters) -The massive U.S. tax and spending bill slated for a final vote in Congress runs counter to the International Monetary Fund’s recommendations that Washington reduce fiscal ...