Governments around the world are struggling to deal with the crushing problems of joblessness, poverty, and climate change. A financial speculation tax is the best option on the table to raise the massive revenues needed to address these urgent needs.
As governments look for new options for public revenue stream, this table by IPS Global Economy project director Sarah Anderson shows which options can be considered, their potential revenue, and their administrative and political feasibility.
This downloadable pdf fact sheet answers frequently asked questions about the implications for the developing world of taxing financial speculation.
Most of us pay more in taxes than many U.S. corporations, and corporate tax avoidance has increased dramatically in the last 50 years.
Climate change and the lack of health care services in developing countries are urgent and under-funded crises threatening the livelihoods and security of billions of people.
Climate justice policy factsheets directly from the UN climate negotiations in Cancun, Mexico
There are two tax systems in America today: one for the privileged and one for everyone else.
Talking points on the aftermath of Biden's trip to Israel, the president's trip to Afghanistan, and the elections in Iraq.
The dangers of another, even greater, U.S. escalation in Afghanistan are rising; the continuing war in Iraq is exploding anew; the possibilities-but-still-dangers in U.S. engagement with Iran remain hopeful but tense; and U.S. diplomatic engagement in the Middle East is still designed to fail.
The Israeli prime minister's speech responding to U.S. wishes for the region amounted to little more than rhetorical change.