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This joint briefing from Oxfam, Christian Aid, Action Aid and the CBI reflects a growing convergence between businesses and tax advocacy groups on the use of tax incentives in the Global South. It argues that tax incentives can be a useful tool in promoting decent jobs and growth. But it also contends that too often tax incentives are used in inefficient and ineffective ways, and in the worst cases are entirely redundant.
Ending extreme inequality to end poverty has no lack of policy options: from corporate tax reform to investment in health and education, and from raising the minimum wage to ending gender discrimination. This discussion paper aims to put one of these solutions on the agenda: the billionaire tax.
The Credit Suisse Global Wealth Report shows once again that economic inequality remains at shockingly high levels. The richest 1 percent now has as much wealth as the rest of the world combined.
Tax havens are fuelling inequality and poverty. Meet Nellie, a teacher, and Vitumbiko, a nurse, from Malawi, as they tell us how tax dodging is hurting people’s chances to escape poverty in Malawi. And act now.
Tax revenue that should be helping to fund essential services in Malawi and other poor countries is disappearing at an alarming rate, held offshore in tax havens. Find out more about how this is impacting the life of the majority of the citizens. And what you can do about it.
Each year, unfair tax practices by multinational companies and wealthy individuals cost poor countries like Zambia at least $170 billion. Cecilia campaigns to make tax fair. Join her fight to end the era of tax havens.
Each year, unfair tax practices by multinational companies and wealthy individuals cost poor countries like Malawi at least $170 billion. Stella campaigns to make tax fair. Join her fight to end the era of tax havens.
Countries can start tackling inequality today by triggering an “economic stimulus” directly into the pockets of those who need it most – by investing more in public services like health and education.
Oxfam applauds the World Bank’s continuing leadership on Universal Health Coverage and their ongoing collaboration with the World Health Organization, which increasingly highlights inequity as the crux of the problem. However, we caution against ongoing promotion of an ever-increasing role for for-profit companies in delivering health care in poor countries.