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...
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.
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...
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...
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...
Tax Justice Network | Without any public debate, EU countries have agreed to exempt US multinationals from most of the elements of the global minimum tax – when the tax dodging of those same US multinationals costs the bloc €14 billion in lost revenues each year. The loss is a significant underminin...