When policy is disconnected from reality?

IMF calls for a tax on “excess profits” made by some companies during the pandemic The IMF also calls upon countries to increase their top income tax rates. But, as the article notes “The IMF’s call comes despite the fact that most countries are not facing a crisis in their public finances.”

In other words, this is just an excuse to collect more taxes?

Source: IMF proposes ‘solidarity’ tax on pandemic winners and wealthy | Financial Times

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