Spain and Brazil push global action to tax the super-rich and curb inequality
Presented during the UN’s 4th International Conference on Financing for Development – taking place this week in Sevilla, Spain – 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 pay less than the middle class – even less than lower-inco