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The Case for a Billionaire Tax

by Didier Jacobs

Jan 6, 2017
  • Government Reform
  • International Development
  • Poverty

  • DESCRIPTION

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.

A global tax of 1.5% on individual net wealth in excess of $1 billion and spent on basic education and health services in poor countries is politically feasible, sufficient to fund universal access to basic education and healthcare, good for economic growth, ethically justified, and could be a catalyst for change. 

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The Case for a Billionaire Tax

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WHAT TO READ NEXT

  • Delivering and Exceeding the MDGs: Why and How Countries Can Take Action at the UN Summit
  • Still Broken: Governments Must Do More to Fix the International Corporate Tax System
  • Turn the Tide: The G20 Must Act on Rising Inequality, Starting with Fairer Global Tax Reform

Published By

  • Oxfam

Copyright

  • Copyright 2017 Oxfam.

Document Type

  • Report/Whitepaper

Language

  • English
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Title: The Case for a Billionaire Tax
Publication date 2017-01-06
Publication Year 2017
Authors Didier Jacobs
Copyright holder(s) Oxfam
Document type Report/Whitepaper
Language English
URL: https://www.issuelab.org/resource/case-for-a-billionaire-tax.html
Resource provided by IssueLab
This content sourced from Oxfam. More info

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