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Spain - Brazil Launched Joint Initiative to Promote a Higher Tax Take From the Super-Rich Worldwide - Caribbean News Global
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7 Articles
Spain and Brazil have presented a joint proposal, to which South Africa has joined, to achieve greater taxation for large fortunes during the UN summit in Seville. The idea is that other countries will join the initiative, which seeks alternative ways to finance development and reduce inequality, at a time of global cuts in international cooperation. Along with the dismantling of USAID, the US cooperation agency, the world’s largest donor, Europ…
Spain, Brazil push global action to tax the super-rich, curb inequality - EnviroNews - latest environment news, climate change, renewable energy
Spain and Brazil on July 1, 2025, launched a joint initiative to promote higher tax contributions from the super-rich worldwide, aimed at tackling soaring inequality by ensuring those with the most pay their fair share. Lula da Silva, President of Brazil The countries announced plans for a Platform for Action on Taxing the Super-Rich in a move that could see more funds made available to tackle the climate and development crises. The initiative …
The idea is that the richest people in the world are going to pay proportionately more taxes, in an attempt to cope with the progress of income inequality
Spain - Brazil launched joint initiative to promote a higher tax take from the super-rich worldwide - Caribbean News Global
NEW YORK, USA – Presented during the UN’s 4th International Conference on Financing for Development, taking place this week in Sevilla, the proposal highlights a growing problem: the richest individuals often contribute less to public finances than ordinary taxpayers, thanks to lower effective tax rates and legal loopholes. “Our countries need more and more public revenues to meet their needs. Inequality is a problem everywhere, and the richest …
Spain and Brazil push global action to tax super rich inequalities and brake
Presented during the United Nations 4th international conference on financing for developersT, which takes place this week in Seville, the proposal highlights an increasing problem: the richest individuals often contribute less to public finances than ordinary taxpayers, thanks to effective tax rates and lower legal gaps. “Our countries need more and more public income to […]
Their target? The richest 1% of the planet, a small group that owns more than 95% of humanity. Launched on the second day of the United Nations International Conference on Financing for Development, taking place this week in Seville, Spain, this initiative calls for reform […]
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