How do the wealthy get away with paying a lower percentage of their income and wealth in taxes than ordinary people? A big part of the answer is that many of their fortune streams, from dividends to inheritance, are chronically undertaxed, says Chiara Putaturo in our latest blog for Davos 2023
Taxation of the super-rich has collapsed: as one in eight people go to bed hungry, that simply has to change
When even millionaires are pleading to be taxed so governments can tackle our colliding global crises, we can see there’s something rotten in the state of economic policy. Max Lawson introduces Oxfam’s 2023 Davos report, ‘Survival of the Richest: How we must tax the super-rich now to fight inequality’
Billionaires made more in the 24 months of the pandemic than they did in 23 years. Oxfam on Davos
For the first time in a very long time we are seeing a sharp spike in both extreme wealth and extreme poverty. Max Lawson on Oxfam’s latest Davos broadside – and his worries that his salary is about to get cut
In Asia, billionaires profited from the pandemic while millions dropped out of school forever
In our final blog for Davos week, Oxfam India chief executive Amitabh Behar looks at how the pandemic has widened an already vast wealth gap in Asia Pacific
‘None of us expected such a jump in wealth…’ The inside story of how Oxfam’s analysts counted the billions
If the ten richest men sat on their wealth in dollar bills, they would be halfway to the moon – but how do you work that out? In another blog for Davos week, Alex Maitland tells us how the Oxfam team came up with some of our mind-blowing wealth stats
Billionaires make billions, while billions get poorer
In our second blog to mark this week’s Davos event, Oxfam’s Anthony Kamande looks at how the fortunes of the super-rich flourished in the pandemic
A fairer tax system is essential to ‘building back better’
Tax Justice UK shares Oxfam’s commitment to tackling inequality, eradicating poverty and standing up for those who typically struggle to get their voices heard. The need to address these issues has only become more urgent in light of the covid-19 pandemic, which in the UK as elsewhere has had a disproportionate impact on the most vulnerable in society, including ethnic …
Levelling up: how wealth taxes can reduce inequalities
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 …
Extreme inequality and the push for an alternative future
Deborah Hardoon introduces our new report, ‘An Economy for the 99%‘ and argues that extreme inequality and a crisis in economics have created the appetite for an alternative vision for the future. erd Alert. As a student of economics, I always found the technical aspects of the subject deeply satisfying. Getting to the ‘right’ answer using algebra and statistics, solving …
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