Articles by Rajesh Makwana

Source: Truthout

Buried beneath the sensational revelations making headlines in the wake of the Panama Papers is a simple truth about the importance of fair and effective tax systems: revenues from taxation — whether from company profits, capital gains or wages — are crucial for maintaining nationwide mechanisms of economic sharing that safeguard the basic needs of citizens. Not only does the redistribution of tax revenue allow governments to fund safety nets and public services designed to keep poverty at bay, it maintains the infrastructure needed to facilitate a wide variety of social and economic activities, from public transport and roads, to schools and hospitals. read more