Tax the super-rich for the right to the city
| dc.article.end-page | 8 | |
| dc.article.start-page | 1 | |
| dc.contributor.author | Veloso, Sérgio | |
| dc.date.accessioned | 2024-10-08T03:29:10Z | |
| dc.date.available | 2024-10-08T03:29:10Z | |
| dc.date.issued | 2024-10-07 | |
| dc.department | Southern Centre for Inequality Studies SCIS | |
| dc.description.abstract | The 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. | |
| dc.description.submitter | CM2024 | |
| dc.faculty | Faculty of Commerce, Law and Management | |
| dc.identifier.uri | https://hdl.handle.net/10539/41421 | |
| dc.language.iso | en_US | |
| dc.publisher | Southern Centre for Inequality Studies | |
| dc.relation.ispartofseries | 1 | |
| dc.school | Library | |
| dc.subject.other | SDG-10: Reduced inequalities | |
| dc.title | Tax the super-rich for the right to the city | |
| dc.type | Other |