Category: Tax
Blog: Rolling back the state will never deliver equality
by Liam Byrne MP, Chair of the All-Party Parliamentary Group on Inclusive Growth
How do we mend capitalism and end populism? The populism that is fuelled by surging inequality around the world? After two years of hard graft, the IPPR has answers. Today, its commission on economic justice, whose members include the Archbishop of Canterbury, has produced its final report. It [...]
Read moreBlog: Our research shows that a Citizen’s Basic Income would reduce poverty and inequality
A recent news item from the All Party Parliamentary Group tells us that new research from the House of Commons library suggests that, if nothing changes, the top 1% of the world’s population could own two-thirds of the planet’s wealth by 2030 if inequality grows at the same rate as it [...]
Read moreBlog: What we’re reading: Tuesday 20th February
by Liam Byrne MP, Chair of the All-Party Parliamentary Group on Inclusive Growth
How to create good work and inclusive growth in a 21st century economy David Burch, Policy & Research at the Centre for Local Economic Strategies (CLES) According to official government statistics, 2017 saw the British economy witness its highest period of employment since records began, [...]
Read moreBlog: Taxing Wealth: Going after the Big Money
High and rising income inequality is a serious concern in many countries, as highlighted in the IMF’s recent Fiscal Monitor. Wealth, however, is distributed even more unequally than income, as in the picture below. Although Thomas Piketty has famously proposed a coordinated global wealth tax of [...]
Read moreBlog: Building a more resilient and inclusive global economy
by Christine Lagarde, Managing Director of the International Monetary Fund
Thank you, Jean-Claude Trichet and Guntram Wolff, for your kind introductions. And thank you to Bruegel for hosting this event here at the wonderful Bibliothèque Solvay. As I experience this beautiful building, it reminds me that good architecture is not about geometry or design in the first [...]
Read moreBlog: A country that works for everyone? Only with inclusive growth
by Stephanie Flanders, Chair of the RSA Inclusive Growth Commission
Britain’s vote to leave the EU has forced into the open a fundamental and increasingly urgent debate about the country’s future. Should we pursue a more Singaporean model of economic growth, with low taxes and tariffs to attract investment and trade? Or should we seek to ‘regain control’ of our [...]
Read moreBlog: The New Agenda for Tax Reform
by Liam Byrne MP, Chair of the All-Party Parliamentary Group on Inclusive Growth
Since the fall of the Berlin Wall, we have created a world of very rich elites and very remote elites, where the top one per cent now control half of global wealth – 85 families own more than three billion of the world’s people – while public life has been drained of politics and the […]
Read moreBlog: The problems with measuring tax systems
by Nicholas Shaxson, Tax journalist, investigator and campaigner
In the past few years there have been several efforts to understand and even measure ‘spillovers’ – that is, how one state’s tax or legal system can transmit damage to other states’ tax or legal systems. Perhaps the best known of these efforts is the Tax Justice Network’s Financial Secrecy [...]
Read moreBlog: Putting tax at the heart of the inclusive growth debate
by Tom Hunt, Secretariat of the All-Party Parliamentary Group on Inclusive Growth
Last night’s discussion, co-organised by the APPG, SPERI and Oxfam, was in response to growing concerns from major NGOs like Oxfam, international organisations and governments about ‘tax spillover’ effects – how one country’s tax policy impacts another country’s tax base, tax policy and [...]
Read moreBlog: Re-framing Tax Spillover
by Richard Murphy & Andrew Baker
Tax continues to fascinate the media, politicians and international political economists. In that approximate order there is also an increasing demand for data to support action on what many think to be tax abuse. Much of that demand relates to specific abuses of tax systems, whether by tax [...]
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