Oxfam | The analysis finds the 10 wealthiest Californians are now worth a collective $1.045 trillion, up $338.4 billion from March 2025. Oxfam released a new analysis showing how billionaire wealth in California has exploded over the last year, underscoring the need for tax reform to curb inequality...
UN | Development financing trends are going in the wrong direction, the United Nations warned today. In many areas, progress has not only stalled but is reversing due to weakened global collaboration, rising trade barriers, increased geopolitical tensions, repeated climate-related shocks, and an ala...
Tax Justice Network | After four sessions of (sometimes heated) warm-up, the negotiations of the Convention are now entering into ‘crunch time’. Over the summer and in anticipation of the Fifth Session of negotiations in August, all three workstreams are expected to deliver new draft text of parts o...
Oxfam | The amount of untaxed wealth hidden offshore by the richest 0.1 percent exceeds the entire wealth of the poorest half of humanity (4.1 billion people), reveals new Oxfam analysis published today ahead of the 10th anniversary of the Panama Papers. The findings show that, a decade later, the s...
Press Release | The increase in value-added tax (VAT) currently being discussed by the federal government to cover public financing needs would be disastrous from both a distributional and economic perspective. It would primarily affect people with low and middle incomes, as well as transfer recipie...
The Guardian | Never before in American history have so few had so much wealth and power. Today, the top one per cent owns more wealth than the bottom 93%. One man, Elon Musk, worth $805bn, owns more wealth than the bottom 53% of American households.
And that inequality is getting worse. Last year...