Author: Marie Charrel

The issue of fair taxation for the ultra-rich is becoming increasingly urgent. Many believe that globalization and lobbying by the ultra-rich have led to a situation where billionaires pay virtually no tax, widening inequalities and fueling resentment towards the ruling classes. Reports from the EU Tax Observatory and Capgemini show that the ultra-rich are taxed less than the middle classes, with their wealth growing at a much faster rate. This situation is exacerbated by tax competition between countries, which has led to the proliferation of highly favorable tax regimes for high-income individuals. Proposed Solutions Calls for fairer taxation of the…

Angelos Vavlekis, a civil engineer who has started an agricultural project near Katapola, on the island of Amorgos, Greece, walks through the land he farms, on April 4, 2024. LOULOU D’AKI FOR LE MONDE In the heart of Calabria, Teresa Rossi, a 58-year-old, navigates the struggles of a region left behind by Italy’s economic policies. With the ‘citizens’ income’ canceled, she grapples with unemployment and supporting her adult children. Calabria’s hardship extends to a growing population living below the poverty line, overshadowed by the influence of the ‘Ndrangheta mafia. The disparity in EU regions mirrors Calabria’s plight, exposing a divide…