Windfall tax
Big companies earned over USD 1 trillion of profit in 2022, says joint Oxfam and Action Aid study
The study recommends that governments impose a windfall tax on these excessive profits and use the money raised to carry out social security programs to tackle a range of issues including the cost of living crisis, poverty, hunger, and climate change
Oxfam’s report exposes the staggering growth in extreme wealth and poverty
Oxfam has called for the systemic and wide-ranging taxation of the super rich. This includes the introduction of a one-off solidarity tax as well as windfall taxes
Daily Round-up | Iraq gets new prime minister & other stories
In today’s episode, we take a look at the approval of a new Prime Minister in Iraq, a strike by teachers in Uruguay, activists demanding a greater windfall tax on fossil fuel profits, and the cholera outbreak in west Asia