Digital services tax, elimination of a lower tax rate on capital gains for wealthy individuals, wealth tax, excess profits tax, ending bad subsidies, and strengthening whistle-blower protections... C4TF Executive Director Toby Sanger spoke to the House of Commons Finance Committee today.
Watch truth be spoken to the “deficit Chicken-littles” and K-shaped pandemic recovery profiteers by C4TF’s economist and researcher, Dr. D.T. Cochrane, in today's Standing Committee on Industry, Science and Technology.
The Covid-19 pandemic has worsened inequalities, and countries should enact progressive taxes to reduce gaps in income and in access to services, according to the International Monetary Fund (IMF)’s April 2021 Fiscal Monitor Report.
With his first 100 days in office as yet to pass, US President Joe Biden is moving without delay to introduce significant progressive tax reforms, which would end and reverse the decades-old race to the bottom on corporate taxes, and increase taxes on the wealthiest American households.