What does it take to tax the rich?
There is no doubt that we will not be able to fix the inequality crisis and build a more equal world without making the rich pay their fair share …
Black hole of public finance: Unequal fiscal burden on citizens
73% of the wealth generated in India in 2017 went to the richest 1%, while the poorest half of the population saw only a 1% increase in their wealth
Tax the wealthy: 2 billion people can be lifted from poverty by levying the super-rich, says Oxfam
Gap between the rich and the poor broadened over the past two years
Taxation and inequality: expectations from Union Budget 2013-14
It is imperative that the forthcoming Budget recognises that fair taxation policies are at the core of addressing inequality in the country