Stocktonia | In California, tech giants are warning that a proposed billionaire wealth tax will drive the ultra-rich out of the state. But historical examples suggest these fears often don’t materialize — most wealthy individuals stay put even after new taxes. As the debate heats up around a one-tim...
Meer | More than a century after the original Scramble for Africa, a quieter but equally consequential contest for the continent’s land is unfolding. This time, the driving force is not overt imperial conquest but global climate action regarding carbon markets, renewable energy investments, conserva...
Tax Justice UK | Inequality in the UK is surging, with vast wealth concentrated among a tiny elite. This imbalance harms economic growth, weakens democracy, worsens the cost‑of‑living crisis and accelerates climate damage. A tax system favouring wealth over work deepens the divide, prompting growing...
Public Services International | Groundbreaking research shows taxing multinational profits where they are generated at a 25% minimum could expand global public revenues by over $700 billion per year: enough to end extreme poverty ten times over.
Source: Public Services International.
Source...
Jacobin | Poor health outcomes are often treated as an unfortunate by-product of individual bad decisions. This moralizing approach ignores the role poverty plays in determining who gets ill and who can afford to get well.
Source: Jacobin.
Tax Justice UK | The latest Sunday Times Tax List reveals a curious gap: while the UK is home to 156 billionaires, only 100 people paid more than £11 million in tax last year — and some mega-rich individuals with fortunes over £10 billion don’t appear at all. This isn’t just a quirk of data but a sy...