The Taxcast

In this episode Taxcast host Naomi Fowler discusses degrowth, rethinking economies and value in part 2 of her conversation with economic anthropologist Jason Hickel. Plus: the Pandora Papers - 3 things the latest offshore leak is showing us. Why some countries rejected the OECD's 15% minimum global corporate tax deal And, as COP26 begins in Scotland, it's the 'last chance saloon' to take meaningful action to minimise ecological disaster - can politicians learn from nations leading the way with good policies on energy? A transcript is available here: https://taxjustice.net/wp-content/uploads/2021/10/The-Taxcast-Oct-21.pdf You can find out more about Jason Hickel's books, Less Is More and The Divide here: https://www.jasonhickel.org/ Our website is here with more Taxcasts: https://www.thetaxcast.com

In this episode, Naomi Fowler explores degrowth and how we liberate ourselves from 'growthism' with economic anthropologist Jason Hickel. (The full converation will be released soon as a Taxcast Extra, the full thing is too good to miss!) Plus: there can be no liberation without tackling monopoly power, or the role of finance sectors and States, investing in death and destruction across the world. Here's our website with more Taxcasts: https://www.thetaxcast.com The transcript is available here https://taxjustice.net/wp-content/uploads/2021/09/Transcript_September_21_Taxcast.pdf The People's Agreement of Cochabamba is here: https://www.climateemergencyinstitute.com/uploads/Peoples_climate_agreement.pdf

This month Naomi Fowler speaks with Paul Caruana Galizia, one of the sons of Malta's incredible investigative journalist and anti-corruption champion Daphne Caruana Galizia, who was assassinated in 2017. Paul Caruana Galizia discusses his mother's legacy, the capture of Malta through an aggressive, over-sized finance sector with financial secrecy at its heart, and his hopes for the future. The transcript is available here: https://taxjustice.net/wp-content/uploads/2021/07/The-Taxcast-July-21-Transcript.pdf As mentioned in the show, here's a video of the story of the 'firestarters of the tax justice movement' from the tax haven of Jersey: https://youtu.be/VXeLGd7ejAw The Taxcast special on the tax haven of Jersey: https://www.taxjustice.net/2019/04/26/inequality-and-dysfunction-in-the-tax-haven-of-jersey-a-taxcast-special-edition/ The Daphne Caruana Galizia Foundation: https://www.daphne.foundation Here's our website with more Taxcasts: https://www.thetaxcast.com

We've had the honour before on the Taxcast of speaking with law Professor Dorothy Brown in Part 1 of the Whiteness of Wealth Taxcast Extra. She's been doing trailblazing work on systemic racism and tax justice in the United States for many years. She's author of the seminal book 'The Whiteness of Wealth: how the US tax system impoverishes black Americans – and how we can fix it'. In this Taxcast Extra, you can hear Professor Brown's keynote speech which she gave to the Tax Justice Network's annual conference. A transcript of her edited keynote speech is available here https://taxjustice.net/wp-content/uploads/2021/07/TranscriptTaxcastEXtra150721.pdf You can also hear Professor Brown in conversation with Taxcast host Naomi Fowler and polticial economist Keval Bharadia in Part 1 of the Whiteness of Wealth, in this Taxcast Extra. You may also be interested to hear Taxcast episodes 102 and 103 where we looked at just some of the complex issues around tax and race in the US and the UK context, the roots of structural racism and the lived experiences of people of colour today as citizens, taxpayers and economic actors. For more Taxcasts and more information, go to our website on https://www.thetaxcast.com

This month Taxcast host Naomi Fowler talks to millionaire and wealth tax campaigner Djaffar Shalchi of Millionaires for Humanity about his experience of moving from Iran at an early age to grow up in Denmark, and how highly he values the high tax Scandinavian society, as an entrepreneur, and as a human being. He also talks about his campaign for a 1% wealth tax on the world's top 1%. Plus: US President Biden drops his proposal for a minimum global corporate tax rate from 21% to 'at least 15%.' However, so far the US administration is sticking to its plan to invest $80 billion in its tax authority, the IRS. Tax collectors will be able to refocus on the wealthiest and on corporate profits. Tax collectors could pull in an additional $700 billion over the next decade. And also, how degrowth must begin with the very wealthy. The transcript is available here: https://www.taxjustice.net/wp-content/uploads/2021/05/The-Taxcast-Transcript-112.pdf For more information on the Taxcast, the website is here: https://www.thetaxcast.com

In this Taxcast Extra Naomi Fowler speaks to Jim Henry, economist, lawyer, investigative journalist and Tax Justice Network senior advisor about the campaign to persuade New York State (which is broke) to reinstate its (tiny) Stock Transfer Tax. It would have created an important precedent for the world but for now, Wall Street has escaped. At the same time, in Hong Kong they have raised their Stock Transfer Tax in an example of "tax competition in reverse," or a "race to the top." The transcript of this podcast is available here (some is automated and may not be 100% accurate) https://www.taxjustice.net/wp-content/uploads/2021/04/TaxcastExtra_27_04_21.pdf Further reading/listening: Edition #107 of the Taxcast explores how transformative financial transactions taxes could be https://www.taxjustice.net/2020/12/17/taxing-wall-street-the-tax-justice-network-december-2020-podcast/ Submission to New York State Assembly: the case for financial transactions taxes https://www.taxjustice.net/2021/02/19/submission-to-new-york-state-assembly-the-case-for-financial-transactions-taxes/ A Wall Street tax that could lift many out of poverty already exists — it's just not being collected https://www.salon.com/2020/11/01/a-wall-street-tax-that-could-lift-many-out-of-poverty-already-exists--its-just-not-being-collected/ Keval Bharadia's "Recalibrating financial transaction tax policy narratives": https://www.taxjustice.net/wp-content/uploads/2020/11/Recalibrating-financial-transaction-tax-policy-narratives-Keval-Bharadia.pdf More Taxcasts are available on https://www.thetaxcast.com and we're on most podcast apps. Or you can subscribe by emailing naomi@taxjustice.net

Caring for others is the highest thing anyone can do in this world. Yet our governments don't value care either in the policies they create, and they don't value it monetarily. We look at how we move from an un-caring economy to a caring economy, how women's unpaid work is the greatest subsidy to our so-called productive economy, and how we need to rethink 'the economic.' Plus - we analyse President Biden's global minimum tax plans - who wins and who loses? Is it game over for tax havens? The transcript is available here https://www.taxjustice.net/wp-content/uploads/2021/04/The-Taxcast-Transcript-Edition-111.pdf Further reading: There is a flaw in the Biden tax plpan that has to be addressed if it's going to work, and that's in the accounting, Professor Richard Murphy https://www.taxresearch.org.uk/Blog/2021/04/16/there-is-a-flaw-in-the-biden-tax-plan-that-has-to-be-addressed-if-its-going-to-work-and-thats-in-the-accounting/ The Care Manifesto: the politics of interdependence is available here https://uk.bookshop.org/books/the-care-manifesto-the-politics-of-compassion/9781839760969 For a longer list of fantastic resources on the Care Economy, please see https://www.thetaxcast.com/from-an-un-caring-economy-to-a-caring-economy-111/

Law Professor Dorothy Brown speaks with political economist Keval Bharadia and Taxcast host and producer Naomi Fowler about her book just released in the United States called: 'The Whiteness of Wealth: how the US tax system impoverishes black Americans – and how we can fix it.' Transcript with additional links to further reading: https://www.taxjustice.net/wp-content/uploads/2021/04/TaxcastExtraScript0421.pdf The Taxcast website: https://www.thetaxcast.com

Much of the world is run on the basis of economic theories that have become accepted truths of our era. But they actually have very little evidence to back them up. This month, Naomi Fowler speaks to finance journalist and writer Tom Bergin on how economics ruins economies and puts economists in the dock. The details of Tom's book, Free Lunch Thinking: how economics ruins the economy is available here: https://uk.bookshop.org/books/free-lunch-thinking-how-economics-ruins-the-economy/9781847942739 Plus: which nations are the world's worst offenders for helping multinational corporations pay less tax than they should? The results of the Tax Justice Network's Corporate Tax Haven Index 2021 are out. Read more here: https://www.corporatetaxhavenindex.com Here's the transcript of the show (may not be 100% accurate) https://www.taxjustice.net/wp-content/uploads/2021/03/Transcript_Taxcast_March_21-1.pdf

In this month's episode: we know the world's broken. Apparently we need $9 trillion to fix it. We find out how we can pay for the pandemic and a just transition with Ben Tippet of the Transnational Institute. Plus: Casino Capitalism: what really happened with the Gamestop frenzy and what does it tell us about 'investment?' You can read the Transnational Institute report here: https://longreads.tni.org/paying-for-just-transition Transcript of the show available here: https://www.taxjustice.net/wp-content/uploads/2021/02/Taxcast_trascript_Feb21.pdf