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Articles on Wealth tax

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Afrofuturist’s work is rooted in the desire to transform the present for Black people. Here actor Mouna Traoré in ‘Brown Girl Begins’ (2017) directed by Sharon Lewis set in a post-apocalyptic version of Toronto. Urbansoul Inc

Afrofuturism and its possibility of elsewhere: The power of political imagination

Afrofuturist’s work is rooted in the desire to transform the present for Black people. To do so, they imagine a reality in which Black people are the agents of their own story, countering histories that discount and dismiss them.
An unemployed man collects trash for resale in Diepsloot Johannesburg. Calls are growing for a basic income grant for poor South Africans. EFE-EPA/Kim Ludbrook

South Africa’s basic income versus jobs debate: a false dilemma

Basic income must be embedded within a broader strategy of economic reform, aimed at increasing the social wage and improving working conditions.
A woman sweeps outside her shack in Khayelitsha, Cape Town. South Africa is among the most unequal societies in the world. Getty Images

Book calls for a rethink of capitalism amid the ravages of COVID-19

Rethinking capitalism requires that the primary focus should be on the distribution of economic power as the potential leading causal factor driving inequality.
Prime Minister Justin Trudeau looks on as Finance Minister Chrystia Freeland responds to a question during a news conference on Parliament Hill in August 2020. THE CANADIAN PRESS/Adrian Wyld

The throne speech must blaze a bold new path — including imposing a wealth tax

The speech from the throne is just around the corner. Will the Liberal government make broad and much-needed economic and social change amid the pandemic, or will it give in to the wealthy again?
Charitable tax incentives enable the super-wealthy to redirect billions in tax dollars away from government programs toward their private philanthropic foundations and the causes they choose to support. (Shutterstock)

COVID-19 has exposed the limits of philanthropy

The growth of private foundations in Canada has occurred at the expense of government tax revenue. Philanthropic donations are dollars that have been redirected away from universal social services.
A woman carries a bucket of fresh water to an informal settlement in Khayelitsha, near Cape Town. South Africa has the widest wealth gap in the world. Photo by RODGER BOSCH/AFP via Getty Images

Coronavirus: why South Africa needs a wealth tax now

A wealth tax on the top 1% of South Africans could raise R143 billion. This corresponds to 29% of the R500 billion COVID-19 package announced by the government.

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