This submission provides written input for the Special Rapporteur on extreme poverty’s thematic report on “Eradicating poverty in a post-growth context: preparing for the next Development Goals”. It addresses the need to reform international tax systems to combat poverty and reduce inequalities. It highlights the annual loss of $480 billion in tax revenue due to cross-border corporate tax abuse and offshoring of wealth. It also highlights how low-income countries are disproportionately affected, losing 49% of their public health budgets, while high-income countries lose $433 billion annually. Finally, the article suggests measures related to the newly approved UN tax convention and the implementation of financial transparency and tax justice policies to promote sustainable and inclusive economic development, with a special focus on redistribution and reparation.
Carolina Rodrigues Finette, Luke Holland ■ Submission to the UN Special Rapporteur on extreme poverty and human rights’ call for input: “Eradicating poverty in a post-growth context: preparing for the next Development Goals”