Tax on billionaires: a political vaccine against the extreme right, By Magdalena Sepúlveda

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In other words, there is a widespread perception that the current international system is outdated, unfair and encourages high levels of tax evasion and avoidance by the powerful. Last November, at the request of the countries of the African Union, the UN General Assembly adopted by a large majority a resolution to launch negotiations on a UN framework convention on tax cooperation.Negotiations are progressing in Latin America. The winds in favour of regional fiscal coordination have led to the creation of a Regional Latin American and Caribbean Platform for Tax Cooperation . These phenomena need to be addressed urgently with investment in public services.

Quality public services are the bedrock of any functioning society and our primary tool for tackling global challenges and driving meaningful change. Investing in them can provide society with an effective antidote to the real threats of extremism and populism, safeguarding our future.is the executive director of the Global Initiative for Economic, Social and Cultural Rights . She is also a member of the Independent Commission for the Reform of International Corporate Taxation .

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