The US Supreme Court recently avoided ruling on the constitutionality of a wealth tax, leaving both advocates and opponents in a state of uncertainty. This decision has intensified the debate over economic inequality and tax fairness.
The global economy is marked by a growing divide between wealthy and poor nations, influenced by access to technology, education, resources, and political stability. Morgan Stanley advises investors to diversify and consider ESG criteria for sustainable, long-term growth.
The SNP will include a social tariff in their manifesto to make essential services like electricity, water, and broadband more affordable for low-income households. This initiative aims to combat economic inequality and support vulnerable populations across Scotland by ensuring access to basic utilities. Critics caution about potential higher costs for other consumers, but the SNP assures thorough analyses have been conducted to balance economic stability with social justice.
The IMF recommends raising capital gains tax to manage increased social benefit costs due to COVID-19. This policy targets wealthier demographics to generate revenue and mitigate economic inequalities.
