The super-rich pay lower taxes than you – and here’s how they do it…

Chiara Putaturo Inequality, Research, Tax

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

Whether in Asia, Africa or North America, it’s been a profitable polycrisis for billionaires

Anthony Kamande Inequality, Research, Tax

Around the world it seems the pandemic and surging food and fuel prices have actually boosted the wealth of the super-rich, even as they pushed hundreds of millions of ordinary people into misery and penury, says Anthony Kamande in our second blog for Davos 2023

10 brilliant questions you asked about Oxfam’s inequality report

Oxfam Inequality, Tax

Oxfam’s new report, ‘The Inequality Virus’, reveals that the wealth of the ten richest men has increased by half a trillion dollars since the pandemic began. This is more than enough to pay for a vaccine for all and prevent anyone on Earth from falling into poverty because of the virus. We have received lots of great questions about the report, here’s our …

Why taxing wealth more effectively can help to reduce inequality and poverty

Oliver Pearce Inequality, Tax

Since 2014, Oxfam’s Even It Up campaign has been pressing governments to tackle economic inequality because it is hindering efforts to end poverty. Recent World Bank estimates show that according to current economic growth predictions – and if present levels of inequality remain unchanged – in 2030 about 6.5% of the global population will still be living in extreme poverty. …

Taxing wealth is key to fighting inequality

Didier Jacobs Economics, 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’ …

Feminist solutions to man-made economic inequality

Anam Parvez Economics, Education, Gender, Health, In the news, Inequality, Tax, Women's Economic Empowerment

Francesca Rhodes, Gender Policy Advisor, Man-Kwun Chan, Influencing Advisor, Women’s Economic Empowerment and Care, and Anam Parvez Butt, Gender Justice Research Lead at Oxfam GB outline some of the key ways public spending and taxation could reduce gender inequality. In the words of feminist activist, Paula Varela: ‘Women… have the majority of the precarious jobs, and we perform the overwhelming …