International Capital Tax Commission (ICRICT). Chaired by @JosephEStiglitz and @Jayati1609
Global
Joined February 2015
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ICRICT retweeted
Pleased to see Prof @Jayati1609, former Executive Secretary and current senior board member at IDEAs, being selected as a Fellow of the @ISC. Her immense contributions to economics and science, centring the majority world, are an invaluable repository of knowledge.
ICRICT warmly congratulates our co-chair @Jayati1609 on being named a Fellow of the @ISC 🎉
This recognition honours her outstanding contribution to science as a global public good.
We are proud to work alongside her. 👏
🔗 lnkd.in/dPcuxtZk
#ISCFellows #TaxJustice
Join ICRICT Commissioners in Paris on 18 November for a public conversation on inequality, economic power and Latin America's role in building a fairer global economic order.
📍 Maison de l’Amérique Latine
🕖 19:00–20:30
Register shorturl.at/iPWFv
ICRICT retweeted
Since Trump will be able to veto bills, abolishing the filibuster shouldn’t be very controversial.
But it would give this new crop of Democratic senators a chance to get to work in earnest and pass popular bills that would land on Trump’s desk—putting the responsibility for rejecting them squarely on him.
ICRICT retweeted
Democrats are likely to have 56 senators, so they should be able to find 51 votes to abolish the filibuster when the new session of Congress begins on January 3.
ICRICT retweeted
Abolish the Senate filibuster now.
It’s the single most important thing Democrats can do right now. And this is the ideal moment to do it. 🧵
ICRICT retweeted
H.E. Ahmed Kouchouk, Minister of Finance, Arab Republic of Egypt (@MofEgypt) officially opened the ATAF Annual Meetings in Cairo highlighting that success is not only measured in revenue collected but in that the tax system has to be comprehensive.
He stressed the significance of policies being used as effective tools in achieving development. "It's important to generate revenue but it's not enough because policy has to be created to achieve growth and push fiscal growth," The Ministr noted.
H.E. Kouchouk reminded governments of their "huge responsibility to protect the rights of tax payers", adding that gaining the trust of tax payers is something that cannot be taken for granted.
The 2026 ATAF Annual Meetings in Cairo, hosted by the Egyptian Tax Authority, has brought together more than 450 participants from across Africa and beyond, including ministers, heads of tax administrations, policymakers, academics and civil society representatives.
#ATAFAnnualMeetings2026 #DomesticResourceMobilisation #TaxAdministration #Africa #ATAFAM2026
ICRICT retweeted
H.E. Ramy Youssef Delivers Keynote on UN Tax Convention Negotiations at #ATAFAnnualMeetings2026
1928: An engineer travels to another country to deliver a service, establishing a physical presence that gives the country a basis to tax the income.
2026: The same service can be delivered digitally from abroad, without any physical presence.
2040: Artificial intelligence could deliver similar services in minutes, further transforming how economic value is created.
H.E. Ramy Youssef, Egypt’s Deputy Minister of Finance for Tax Policy and Reforms, used this comparison during his keynote in Cairo to illustrate why international tax rules must evolve with the global economy.
Digitally deliverable services exports reached USD 5.5 trillion globally in 2025, yet research cited during his address indicates that 78.5% of cross-border services imports covered by the analysis face treaty restrictions on taxation in the country where they are consumed.
The stakes are significant. Research suggests that proposed UN rules for taxing cross-border services could generate USD 193 billion in additional annual government revenue globally under an illustrative scenario involving universal implementation.
“The forum is only the means. What is at stake is the tax base of the future.”
#UNTaxConvention #InternationalTaxCooperation
Major changes rarely move in a straight line: in 1895 the US Supreme Court struck down the federal income tax; 18 years later it was written into the Constitution”
ICRICT Co-Chair @JosephEStiglitz tells @FT taxing billionaires is “only a matter of time”
shorturl.at/ghcB4
ICRICT retweeted
I californiani hanno deciso di NON introdurre una patrimoniale del 5% sui miliardari californiani.
E quindi? E quindi abbiamo perso una battaglia, ma la guerra continua e di patrimoniale in USA si continuera' a parlare nei prossimi due/tre anni. Vediamo perche?🧵
ICRICT retweeted
💸 A nosotras nos dicen “no hay plata”.
A los más ricos les dan rebajas de impuestos, beneficios fiscales, blanqueos, inocencias y negocios con lo que falta en nuestras casas.
Debatimos el Presupuesto 2027 en la Comisión de Mujeres y Diversidades de @DiputadosAR
ICRICT retweeted
Leaders from around the world will also be there to forge a common vision and get organized.
Yesterday’s elections — and Lula’s victory 10 days ago — are a source of hope for democratic forces, but should also be a wake-up call.
The battle between democracy and oligarchy is just beginning.
ICRICT retweeted
On November 21, democratic forces from all over the world will meet in Paris for the first Paris Summit Against International Oligarchy.
Esther Duflo, @paulkrugman , @JosephEStiglitz , @CageJulia , @Jayati1609 , @NaomiAKlein, @PikettyWIL , @IsabellaMWeber , and many other leading thinkers will analyze the rise of oligarchy and its consequences for society.
paris.fr/evenements/paris-co…
ICRICT retweeted
With their Senate wins in Texas, Kansas, South Carolina, Iowa, Ohio, Maine, etc. the Democrats are nearly guaranteed to have a sizable Senate majority in 2028.
This means the next president could be transformational for the US.
That transformation should start now.
ICRICT retweeted
Senator @BernieSanders and Rep. @RoKhanna have already introduced legislation to tax billionaire wealth.
The Democrats should pass it now.
There is no excuse not to do it — even Newsom said he supported a national wealth tax.
Trump could veto it, but even so it could pave the way for a 2028 billionaire tax if the Democrats win back the White House. teapawt.org/gabriel_zucman/status/…
My colleague Emmanuel Saez and myself provide an analysis of this new proposal by @SenSanders
It's high time to tax billionaires, and this bill would do it effectively
sanders.senate.gov/press-rel…
ICRICT retweeted
In 2021, Biden tried to pass his “billionaire income tax” but the Democrats had only 50 Senators and it failed.
Now with 54 or 55 seats in the Senate, the odds for such legislation are significantly higher.
ICRICT retweeted
Under Trump and in the previous Congress, billionaires faced a friendly political environment.
Now the situation has changed dramatically.
It’s now one of the best environments to pass a billionaire tax in Washington in decades.
ICRICT retweeted
These battles — challenging the power of the most powerful people in society — are always long and fiercely fought.
With their $400 million campaign, Sergey Brin and his friends bought themselves some time.
But now here’s their problem, and the rays of hope for democratic forces.
ICRICT retweeted
They went as far as trying to buy out the firm that was collecting the signatures needed to qualify Prop 40 for the ballot, in order to nip the whole process in the bud.
They enlisted @GavinNewsom in their battle and various proxies who spent months stoking fears.
theguardian.com/us-news/ng-i…
ICRICT retweeted
Few people outside of California realize the amount of money and disinformation directed at California voters.
I summarized some of the main tactics used by the billionaires here. teapawt.org/gabriel_zucman/status/…
ICRICT retweeted
To be sure, the situation is in some sense more complicated today than in 1900.
Oligarchic forces are vastly richer and more powerful nowadays than during the Gilded Age.
With unlimited political spending and control of social media algorithms, they can exert unprecedented influence on democratic processes.
