The current tax system not only fails to correct and curb wealth hoarding but actively reinforces it, deepening the
racial wealth divide and placing an unfair reliance on middle- and working class families
Tag: tax (page 1 of 4)
The Committee on Economic, Social and Cultural Rights has just issued a much-awaited and historic statement: for the first time, it explicitly recognises that states must tackle inequality and guarantee rights through fair tax policies.
The statement is ambitious and sets a new global standard: states must adopt progressive tax systems, eliminate tax privileges and avoid regressive taxes that hit those with the least the hardest.
Negotiations started!
UN tax negotiations: A crucial first step – International Trade Union Confederation
Amazon workers and their union, the Teamsters, launched the largest strike against Amazon in US history this week. Amazon workers in Germany and members of the union ver.di announced they will strike along with their US counterparts. The nationwide US action follows Amazon’s repeated refusal to follow the law and bargain with the thousands of Amazon workers who organised with the Teamsters.
PI Briefing | No. 48 | Teamsters Make Amazon Pay | Progressive International
a vote in the 2nd Committee of the UN General Assembly ended with an overwhelming majority in favor of approving the Terms of Reference for a UN Framework Convention on International Tax Cooperation. The negotiation process for the new convention is now set to begin in February 2025 and end in 2027.
is indeed a very good and reasonable option
The UN Intergovernmental Committee on International Tax Cooperation has adopted, with the support of a large majority of member states, a Terms of Reference (ToR) that is the blueprint for developing the convention. Negotiations based on the ToR are planned over the next three years and should result in the adoption of a UN Global Tax Convention expected in 2027.
The European Union can be the biggest winner from the United Nations tax convention.
Developing tax rules for a globalised world (socialeurope.eu)
Analysis of Zucman’s proposal:
A Practical Prescription for Taxing Our World’s Richest – Inequality.org
Real solutions to the crises fuelling the far right needs demand public investment. The super-rich must pay their share.
Tax on billionaires—political vaccine against the far right (socialeurope.eu)
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