International Capital Tax Commission (ICRICT). Chaired by @JosephEStiglitz and @Jayati1609

Global
Joined February 2015
Our new book: link.springer.com/book/10.10โ€ฆ will be launched on October 30th at 3pm EST. Information available on PERI and UMass events websites. It's a hybrid event. PERI webpage containing the registration and zoom links: peri.umass.edu/event/leonce-โ€ฆ
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๐Ÿ“ข Happening TODAY: Financing the #SDGs Dialogue Governments & partners are sharing country-led financing approaches to implement the Sevilla Platform for Action, with #INFFs featured in discussions. ๐Ÿ“บ Watch live from 830 am CET: undp.zoom.us/webinar/registeโ€ฆ
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Congratulations to Brazil and to all progress forces in the world!
Lula โœŠ๐Ÿพ
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NOW: Senator @BernieSanders and @AbdulElSayed are taking questions from students in Ann Arbor at More Perfect Universityโ€™s latest Students vs Billionaires Town Hall. xitter.cf/i/broadcasts/1wxWjlXVgโ€ฆ
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With the midterms just right around the corner, staying informed has never been more important. Every week, A Closer Look delivers in-depth analysis on the biggest economic and political issues facing working Americans. Get it in your inbox ๐Ÿ“ฅ: patrioticmillionaires.org/clโ€ฆ
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ICRICT retweeted
Join us on 28โ€“29 October for our virtual workshop on Health Taxes and Excise Tax Administration in Africa. We will explore tobacco and alcohol taxation, illicit trade, excise administration and practical country experiences. ๐Ÿ•š 11:00โ€“13:00 SAST Register: ataftax-org.zoom.us/j/854817โ€ฆ
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Patrimoniale per finanziare una sanitร  migliore o espropri per migliorare la crisi abitativa? Dalla California a Berlino, un altro mondo รจ possibile. E in Italia? Sul @fattoquotidiano di oggi.
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Elon Musk and his fellow billionaires think they can buy our democracy. They are wrong. Together, we will defeat oligarchy.
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A new poll of CA millionaires found: - 57% support Prop 40 - 78% agree billionaires have too much influence in state elections Read this week's Closer Look to learn what CA millionaires *actually* think about taxing their peers in the billionaire class: patrioticmillionaires.org/peโ€ฆ
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So let met get that straight: paying a wealth tax is impossible (โ€œbillionaires have no liquidityโ€, โ€œit would be taxing unrealized gainsโ€, โ€œtheir wealth is virtualโ€) but paying half a billion to influence elections is possible. Did I understand well?
Elon Musk has cemented his record as the largest individual political donor in modern American history. Musk poured $446 million of his own money into this yearโ€™s midterm elections, mostly aimed at preserving the Republican Partyโ€™s control of Congress. wapo.st/4igb5Kq
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๐Ÿ“ˆ ๐๐ž๐ฐ ๐ฉ๐จ๐ฅ๐ข๐œ๐ฒ ๐›๐ซ๐ข๐ž๐Ÿ ๐š๐ฅ๐ž๐ซ๐ญ๐Ÿ“ˆ ๐ŸŒ ๐‚๐š๐ง ๐ญ๐š๐ฑ๐š๐ญ๐ข๐จ๐ง ๐ก๐ž๐ฅ๐ฉ ๐๐ข๐ ๐ž๐ซ๐ข๐š ๐ญ๐ซ๐š๐ง๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐š๐ฐ๐š๐ฒ ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐จ๐ฌ๐ฌ๐ข๐ฅ ๐Ÿ๐ฎ๐ž๐ฅ๐ฌ ๐ฐ๐ก๐ข๐ฅ๐ž ๐ฉ๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐ง๐  ๐ฉ๐ฎ๐›๐ฅ๐ข๐œ ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž? As Nigeria navigates the shift towards a more sustainable future, tax policy can play a critical role in supporting the fossil fuel phase-out while strengthening domestic resource mobilisation. TJNAโ€™s policy brief, in partnership with Civil Society Legislative Advocacy Centre (CISLAC), Taxation as a Fossil Fuel Phase-Out Strategy: Nigeria, explores how taxation can support this transition and contribute to a more sustainable and equitable economic future. ๐Ÿ“– Read the policy brief: tjna.me/4jttNk7 #TaxJusticeAfrica Like, comment, share
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Mark Zuckerbergโ€™s threat to leave CA if voters approve a 5% billionaire wealth tax was a bluff. Heโ€™s not alone. Since Prop 40 was filed, CA gained 32 billionaires & billionaires in CA got $381 billion richer. Yes. Itโ€™s time for a billionaire wealth tax. It starts in California.
This is huge. A just-released SEC filing makes an extraordinary revelation: Mark Zuckerberg is getting ready to pay Californiaโ€™s 5% billionaire wealth tax and has signed an agreement to remain in California for 8 years. We are witnessing a global turning point unfold before our eyes. ๐Ÿงต
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IMF surcharges help fund the IMF by covering lending, intermediation costs, accumulating financial reserves and managing risk. Austerity in the Global South should not fuel the institutional functioning of @IMFNews.
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Share this post as widely as possible. No matter where you live, this referendum affects you. Thank you all so much. To my friends in California: the whole world is watching. YES on Prop 40. NO on Props 41 and 42. The forces of democracy will prevail over the forces of oligarchy.
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We have just 12 days left to win a historic victory. The clock is ticking. California's billionaires have poured $300 million into a massive disinformation campaign designed to deceive voters and mislead the public. To counter it, I need your help. xitter.cf/gabriel_zucman/status/โ€ฆ
As voting begins today, the world needs to know what Silicon Valley billionaires are doing to sabotage the billionaire tax now on the ballot in California. This is shocking. ๐Ÿงต
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California voters are dismantling, one by one, the excuses billionaires around the world โ€” from @BernardArnault to Jim Ratcliffe to @MartinLorentzon long used to avoid paying taxes. The arrangement @Meta has just made for Zuckerberg shows, for example, that the supposed issues of โ€œlosing controlโ€ billionaires constantly invoke is a smokescreen.
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RT @TaxJusticeAfric: ๐“๐š๐ฑ ๐ญ๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐ง๐ž๐ž๐๐ฌ ๐ฉ๐จ๐ฅ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐ญ๐จ ๐๐ž๐ฅ๐ข๐ฏ๐ž๐ซ ๐ซ๐ž๐ฌ๐ฎ๐ฅ๐ญ๐ฌ. At the Africa Tax Administration Forum's Exchange oโ€ฆ
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California voters can make MAGA billionaires who support Donald Trump โ€” like Peter Thiel, the founder of @PalantirTech , and Sergey Brin, the co-founder of @Google โ€” their fair share. They can show the world that it is possible to stand up to the same tired arguments billionaires always use to avoid taxation: threats to leave, claims that they canโ€™t pay, warnings that innovation will suffer, and so on.
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California's referendum is a major political battleโ€”arguably one of the most consequential issues in this year's U.S. midterm elections. California voters have the opportunity to spark a much broader movement to end billionaire impunity, both in the United States and around the world. They can send a powerful message to the billionaires pouring hundreds of millions of dollars into ads designed to manipulate voters and sow confusion: No. Not everything is for sale.
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In the United States, extreme wealth has reached levels never seen beforeโ€”not even during the Gilded Age of the late 19th and early 20th centuries. This is the concentration of wealth we must confront. Because extreme wealth always comes with extreme power: the power to crush competition, manipulate public debate, shape public policy, and buy elections.
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