Financial Transparency Coalition

While all human rights are indivisible, economic and social rights entail specific principles that bear relevance for tax policy. Economic and social rights require that states devote maximum available resources to their progressive realization. The principle of non-retrogression sets forth that states should not take measures that deliberately lead to retrogression on the enjoyment of

The Tax Justice Network, a coordinating member of the FTC, just released the latest edition of their newsletter, Tax Justice Focus. This edition focuses on the theme of tax justice and human rights, perhaps the fastest-growing area of interest in the rapidly expanding global tax justice community. Click here for the full edition of Tax Justice Focus, the Human Rights edition. You can also access the individual articles below.

The Financial Transparency Coalition issues play an important role in the context of global income inequality. By discouraging tax evasion and corruption among the world’s wealthy individuals and corporations, the FTC recommendations could play an important role in alleviating egregious and dangerous income disparity. When we talk about global inequality, we are usually referring to one of two issues: (1) inequality between nations and regions and (2) inequality between individuals. Inequality between nations usually refers to the huge disparities between the average incomes of people in different countries. The other kind of inequality, that between individuals, refers to the overwhelming...

Brad Plumer had a great article in The Washington Post today on the consequences of economic inequality in the United States. As inequality increases, all sorts of crazy things might happen: politicians may ease credit regulations, allowing middle class citizens (who are less wealthy due to inequality) to borrow from the future in order to keep up short term consumption, leading to bad long term consequences like increased bankruptcy, divorce, housing bubbles, etc.