Tax Justice Network | Starbucks provides a great example of how the current global tax system is abused in order to shift profits from producer countries in the Global South to multinational corporations headquartered in the Global North. It also shows why the current UN Tax Convention negotiations...
Democracy Project NYU Law | Economic inequality and the weakening of collective institutions have hollowed out the ability of everyday people to shape political life and counterbalance concentrated wealth. With membership organizations dwindling and economic power translating ever more directly into...
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...
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...