BlackRock profits jump as assets under management hit a record $15 trillion

Debates about taxation are often shaped less by evidence than by politically convenient narratives. Across many countries, claims that taxes are the primary cause of low wages, weak growth or economic stagnation frequently gain traction despite limited empirical support. For those concerned with tax justice, the issue is not whether taxes should ever be criticised,…

With disbelief I heard some days ago of the passing of Óscar Ugarteche, one of the Tax Justice Network’s long time senior advisers. This mournful news left me dismayed. The loss of an inspiring person always brings sadness even to those of us who were not fortunate enough to meet him in person. At the same time, this news made me want to pay tribute to the greatness of his persona.  Characterised by his…

This is part of our educational blog series, “The Short Form,” to simplify taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. issues and explore the world through the lens of tax policy. Learn more…

President Trump often says we’re the hottest country in the world, seeing trillions in investment. His number keeps rising while the Department of Commerce just restated $19.2 trillion. Most of this is from domestic sources, but the White House tally for foreign investment looks close to $6 trillion, led by the UAE, Qatar, Japan plus others as…