In the Tax Justice Network’s monthly podcast, the Taxcast: from the ashes of the coronavirus crisis how can we build a better economic and socially just system that works for all of us? The pandemic also exposes the pile-up of unaddressed crises which we must also fix. We discuss:
- tax justice (which was always key)
- bailout conditions for companies now seeking government assistance
- Universal Basic Services.
Interviews:
- Idriss Linge, finance journalist and producer and presenter of the French language Tax Justice Network monthly podcast Impôts et Justice Sociale
- The voices of US Congress woman Alexandria Ocasio-Cortez, Chamath Palihapitiya of investment firm Social Capital speaking with presenter Scott Wapner on CNBC
- John Christensen of the Tax Justice Network
- Anna Coote of the New Economics Foundation and co-author with Andrew Percy of The case for Universal Basic Services published by Polity Press
- The Taxcast is presented and produced by the Tax Justice Network’s Naomi Fowler
I think it’s quite likely that we’ll see a much longer period of full depression, closer to what happened in the banking collapses in 1873. Far too many commentators have failed to grasp that we’re not facing one crisis in 2020 but we’re facing multiple crises, some of which have been building up for decades. If ever there was a moment to launch a truly radical departure from the neoliberal world order, this is that moment.”
~ John Christensent, Tax Justice Network
It’s about reclaiming the collective ideal and the idea that if we all get together and pool our resources and share risks, we will do a lot better. And it’s about putting people in control of how services are designed, to help each other, to look after each other.”
~ Anna Coote of the New Economics Foundation on Universal Basic Services
Further reading:
- Tax Justice Network work and proposals on covid-19 are available here
- “there’s an estimated $8-35 trillion sitting offshore that must now be tapped into”
- Argentina refuses to bail out a company headquartered in Luxembourg, plus companies based in ‘non-cooperative’, low tax or no tax jurisdictions
- Alexandria Ocasio-Cortez speaking in Congress on the US stimulus package
- Exchange on CNBC between Chamath Palihapitiya of the investment firm Social Capital and presenter Scott Wapner
- the Australian government forces Facebook & Google to share advertising revenues with news companies
Want to download and listen on the go? Download onto your phone or hand held device by clicking ‘save link’ or ‘download link’ here.
A tax haven or secrecy jurisdiction is a place that deliberately provides an escape route for people or entities who live or operate elsewhere. They shield them from whatever taxes, criminal laws, financial regulations, transparency or other constraints they don’t like. Ordinary people whose lives are affected by tax haven laws are not consulted on these laws because they live in other countries: they have no say in how those laws are made, thus undermining their democratic rights.
A tax haven or secrecy jurisdiction is a place that deliberately provides an escape route for people or entities who live or operate elsewhere. They shield them from whatever taxes, criminal laws, financial regulations, transparency or other constraints they don’t like. Ordinary people whose lives are affected by tax haven laws are not consulted on these laws because they live in other countries: they have no say in how those laws are made, thus undermining their democratic rights.
A tax haven or secrecy jurisdiction is a place that deliberately provides an escape route for people or entities who live or operate elsewhere. They shield them from whatever taxes, criminal laws, financial regulations, transparency or other constraints they don’t like. Ordinary people whose lives are affected by tax haven laws are not consulted on these laws because they live in other countries: they have no say in how those laws are made, thus undermining their democratic rights.
Revenue, to fund public services, infrastructure and administration.
Redistribution, to curb inequalities between individuals and between groups.
Repricing, to limit public “bads” such as tobacco consumption and carbon emissions.
Representation, to build healthier democratic processes, recognising that higher reliance of government. spending on tax revenues is strongly linked to higher quality of governance and political representation.
Reparation, to redress the historical legacies of empire and ecological damage.