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the imf said that the government�*s fiscal plan in late november would give it an opportunity to �*re—evaluate�* tax measures — �*especially those which benefit high income earners.�* the uk government proposals would scrap the top rate of income tax and end a cap on bankers�* bonuses, among other measures. the announcement on friday sparked financial turmoil, as investors dumped the pound. on monday the pound fell to record lows against the dollar. some of the country�*s biggest lenders have suspended mortgage deals amid the uncertainty. the treasury said: "we are focused on growing the economy to raise living standards for everyone." adnan mazarei is a former deputy director at the imf. here�*s his reaction on the today programme. the imf doesn�*t make such strong statements about g7 countries. these statements are common with regard to emerging market countries with problematic policies,