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