Multinational tax evasion is entrenching poverty and weakening developing country economies, Oxfam has warned ahead of the G20 leaders meeting in Russia to chart a plan for boosting global economic growth.
Oxfam welcomed today’s vote by European Parliamentarians in support of a strong European Financial Transaction Tax (FTT) covering all instruments (shares, bonds and derivatives), as put forward by
In order to be able to find enough resources to ensure public services, such as education and health for all, poor countries need to raise more tax, and raise tax in ways that are progressive and f
A poll commissioned by Oxfam and carried out in six European countries found a majority of people in the UK, Germany, France, Spain and Italy all support a Robin Hood Tax.
The world’s leading economies must act now to stop the price of basic foods from surging further out of the reach of poor people. They must also commit to a Financial Transaction Tax (FTT) to help millions of people hit by the economic crisis and climate change.
A new report from the UN’s High-level Advisory Group on Climate Change Financing (AGF) makes it crystal clear that raising the public money to help poor countries build resilience to climate change is possible without putting the squeeze on taxpayers.