Levelling up: how wealth taxes can reduce inequalities

Oliver PearceIn the news, Inequality, Poverty in the UK, Tax

How far will this week’s budget go in ‘levelling up’ the UK in line with the government’s stated aims? Whilst much of the public debate has centred on what changes to taxing and spending the new Chancellor Rishi Sunak could make, there has been less analysis about how proposed measures could reduce economic inequality, which is surely a key hallmark …

How can the UK government justify arms sales that fuel the war in Yemen?

Laura GyteConflict, Food security, Humanitarian, In the news, Protection

Laura Gyte describes why Oxfam intervened in a court case brought against the UK government over arms sales. UPDATE: on 20 June the Court of Appeal ruled that UK arms sales to Saudi Arabia are unlawful. In April, the Court of Appeal heard a claim brought by Campaign Against the Arms Trade (CAAT) on whether the UK government’s decision to …

Debt: a noose around Somalia’s future

Dustin BarterAid, Conflict, Debt, Food security, In the news, Livelihoods

Full debt cancellation is the only way forward for Somalia, write Dustin Barter, Oxfam’s Senior Campaigns and Policy Manager in Somalia, and Mohamed A. Ahmed, Independent Debt Specialist. As the African Union Summit kicks off in Addis Adaba this week, Somalia remains swamped in debt, struggling to kick-start a more positive trajectory. Debt relief, a once hot topic (thanks Bono!), …

Taxing wealth is key to fighting inequality

Didier JacobsEconomics, Gender, General, In the news, Inequality, Private sector, Tax

Conventional wisdom about taxing wealth is shifting, writes Didier Jacobs, Oxfam America’s Senior Policy Advisor. Long dismissed as unfeasible, and frowned upon as politically incorrect, radical ideas are now gaining ground. The new star on the left of the US Democratic Party, Alexandria Ocasio-Cortez, suggests increasing the top income tax rate to 70%. That sounds more radical than Bernie Sanders’ …