is indeed a very good and reasonable option
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)
International tax dodging, corporate tax reform, wealth taxes and environmental tax issues were all on the agenda of the first substantial negotiations of the UN Tax Convention process, which ended this week in New York. The process included all 193 Member States at the United Nations, and at the final plenary, all countries reached a consensus agreement on the next – and final – negotiating round, starting in July this year.
Important step forward for UN Tax Convention process – Eurodad
In a number of swing states in the US people agree to have a billinaire tax pay for better social security
Billionaire tax to bolster Social Security popular in swing states | The Hill
The notion that rich taxpayers will flee if the state comes for their money is mostly fiction.
EU governments are losing out on a staggering 286.5 billion euros in revenue annually, equivalent to 33 million euros per hour, due to their failure to fairly tax Europe’s wealthiest. This amount, equivalent to Finland’s GDP, represents what a European wealth tax of up to 5 percent could raise every year, according to Oxfam’s analysis.
A European Citizens Initiative: Do sign!
Tax the rich – Foundation for European Progressive Studies (feps-europe.eu)
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