Nick Shaxson ■ Quote of the day: Elizabeth Warren
Regarding corporations paying their way, the trailblazing U.S. senator Elizabeth Warren:
You built a factory out there? Good for you. But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police-forces and fire-forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory — and hire someone to protect against this — because of the work the rest of us did.
“Now look, you built a factory and it turned into something terrific, or a great idea. God bless — keep a big hunk of it. But part of the underlying social contract is, you take a hunk of that and pay forward for the next kid who comes along.
Couldn’t have said it better ourselves. There’s speculation that she might run for the U.S. Presidency.
Via Tax Research. One for our quotations page.
Related articles
🔴Live: UN tax negotiations
Another EU court case is weaponising human rights against transparency and tax justice
Our future is public, and tax justice can get us there
Submission to Special Rapporteur on the independence of judges and lawyers on undue influence of economic actors on judicial systems
Bonn Climate Change conference again shows climate finance needs better tax governance. Start with harmful incentives.
How corporate tax incentives undermine climate justice
20 June 2024
Profit shifting by multinational corporations: Evidence from transaction-level data in Nigeria
5 June 2024