IMF boss says raise taxes on the rich to tackle inequality

Kristalina Georgieva calls for rethink of economic policies to better help those left behind

Raising income tax on the wealthy will help close the growing gap between rich and poor and can be done without harming growth, the head of the International Monetary Fund has said.

Kristalina Georgieva, the IMF's managing director, said higher marginal tax rates for the better off were needed as part of a policy rethink to tackle inequality.