Faculty of Commerce, Law and Management (Research Outputs)
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Item Tax the super-rich for the right to the city(Southern Centre for Inequality Studies, 2024-10-07) Veloso, SérgioThe inequality in Brazilian cities is evident: few live in luxury while the majority face precarious conditions. High-end apartments drive up rents, forcing out long-time residents. This scenario reflects an injustice that needs to be addressed. The richest 1% in Brazil owns almost half of the wealth, while millions survive with difficulty. This concentration worsens social exclusion in cities. During the recent G20 Finance Ministers meeting, Brazil proposed a 2% tax on the super-rich, which could generate 250 billion dollars per year. These resources could improve infrastructure, housing and community services. This engagement paper contributes to the ongoing discourse around tax reform in Brazil and unpacks Brazil's regressive system, and outlines how taxing the wealthy can contribute to reclaiming cities and restoring justice.Item Taxar os super-ricos pelo direito à cidade!(Southern Centre for Inequality Studies, 2024-10-02) Veloso, SérgioA desigualdade nas cidades brasileiras é evidente: poucos vivem em luxo enquanto a maioria enfrenta a precariedade. Apartamentos de alto padrão elevam os aluguéis, expulsando moradores antigos. Esse cenário reflete uma injustiça que precisa ser combatida. O 1% mais rico no Brasil detém quase metade da riqueza, enquanto milhões sobrevivem com dificuldade. Essa concentração agrava a exclusão social nas cidades. Durante a recente reunião de Ministros de Finanças do G20, o Brasil propôs uma taxa de 2% sobre os super-ricos, que poderia gerar 250 bilhões de dólares por ano. Esses recursos poderiam melhorar infraestrutura, moradias e serviços comunitários.