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...
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:...
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...
CNBC | The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six...
LSE Inequalities | Oxfam’s latest annual world inequality report documents how the world’s 3,000 or so billionaires increased their collective fortune by $2.5 trillion in 2025 – a sum that could eradicate extreme poverty 26 times over – while billions at the bottom end continue to go hungry. But be...