ICRICT

@icrict.bsky.social

International Capital Tax Commission (ICRICT). Chaired by @josephestiglitz.bsky.social and @jayatighosh.bsky.social

Join ICRICT Commissioners in Paris on 18 November for a public conversation on inequality, economic power and Latin America's role in building a fairer global economic order. 📍 Maison de l’Amérique Latine 🕖 19:00–20:30 Register shorturl.at/iPWFv

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3) On 3rd November there's a vote on a wealth tax in California, the world's 5th largest economy, with highest number of billionaires than any other US state. A one-time 5% wealth tax on residents with over $1bn in net worth would fund healthcare (90% of revenue) + Education & Food Assistance (10%)

ICRICT@icrict.bsky.social · last wk.

California is the world’s 5th largest economy, and it has more billionaires than any other US state. On Nov 3, Californians vote on taxing extreme wealth. If it can be done in California, it can be done everywhere. Vote YES for fair taxation. 🗳️ 🎥 @jayatighosh.bsky.social #VoteYes

5 DAYS TO GO. In March, 50% of Californians backed taxing ~250 billionaires to fund healthcare. But as billionaire money poured in, support for “No” grew, although “Yes” is still leading. Can democracy beat the oligarchs’ money? Nov 3. The world is watching. #YESon40 #BillionaireTaxNow

🇧🇷 Brazil's participation matters. Poliana Garcia Ferreira explains how Brazil has advanced tax progressivity through reforms that benefit working people and introduce a minimum tax rate for the super-rich, alongside growing international cooperation. #SDGs #INFFs

"The current tax system is unfair, unsustainable, and really outdated. It was developed for a very, very different global economy." #ICRICT Co-Chair @jayatighosh.bsky.social at our session with the G-24 in Bangkok, alongside Egypt, Nigeria, Brazil and ATAF. Negotiations resume in Nairobi on Nov 30.

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