When corporations do not pay their fair share of taxes, there is less money to invest in public services, sustainable infrastructure and social protection, which are the key drivers for gender equality.
Two American women lawmakers, Senator Elizabeth Warren and Congresswoman Alexandria Ocasio-Cortez, are determined to make taxation one of the central issues in the United States 2020 election campaign. They both express the will to do away with the taboo on taxing the rich. They are right. In the United States as in the rest of the world, there exists an inequality crisis. The growing gap between the super-rich and everyone else is increasing. The richest one percent now have more wealth than the rest of the world combined, as recently shown by Oxfam.
Countries with higher levels of income inequality also generate higher gender inequalities across health, education, labour market participation and representation.
The fact that two women have kick-started a much-needed debate about taxes in the United States is not a coincidence. As revealed by a 2015 IMF study, countries with higher levels of income inequality also generate higher gender inequalities across health, education, labour market participation and representation.
Go to link