EXPERTS AT WORK: More Economic Malpractice at the IMF.

Dan Mitchell:

In a perverse way, though, I admire their brassiness. They’re now arguing that higher taxes are good for growth.

This isn’t a joke. They never offer any evidence, of course, but it’s now routine to find international bureaucrats asserting that there will be more prosperity if more resources are taken out of the private sector and given to politicians (see the 3:30 mark of this video for some evidence).

Christine Lagarde, the lavishly paid head of the IMF, is doubling down on this bizarre idea that higher tax burdens are a way to generate more growth for poor nations.

Read the whole thing. And remember: If they’re brazen, it’s because they expect to get what they want.