{"id":51807,"date":"2020-07-24T07:26:29","date_gmt":"2020-07-24T06:26:29","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=51807"},"modified":"2020-07-24T07:26:29","modified_gmt":"2020-07-24T06:26:29","slug":"systemic-racism-and-tax-justice-the-taxcast-for-july-2020","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/07\/24\/systemic-racism-and-tax-justice-the-taxcast-for-july-2020\/","title":{"rendered":"Systemic racism and tax justice: the Taxcast for July 2020"},"content":{"rendered":"<p>In this episode of the Tax Justice Network\u2019s monthly podcast, the\u00a0<a href=\"https:\/\/www.taxjustice.net\/taxcast\">Taxcast<\/a>\u00a0we bring you part 2 on how tax justice can help address systemic racism in the US:<\/p>\n<ul>\n<li>Author\u00a0<a href=\"https:\/\/youtu.be\/lchuk0f-_6Y\">Shawn Rochester<\/a>, (<a href=\"https:\/\/blacktaxed.com\/shop\/the-black-tax-the-cost-of-being-black-in-america-ebook-edition\/\">The Black Tax: the cost of being Black in America<\/a>) does some number crunching on the historic denial of equality and economic costs of exclusion speaking at Hofstra University<\/li>\n<li><a href=\"https:\/\/youtu.be\/nhM0j2tiI_w\">Gabriel Zucman speaks<\/a>\u00a0on reforming the private tax of healthcare<\/li>\n<li><a href=\"https:\/\/www.cbpp.org\/cortney-sanders\">Cortney Sanders of the Center of Budget and Policy Priorities<\/a>\u00a0speaks about the impact of covid19 on communities of colour<\/li>\n<li><a href=\"https:\/\/twitter.com\/Brandon_McKoy\">Brandon J. McKoy<\/a>\u00a0of\u00a0<a href=\"https:\/\/www.njpp.org\/\">New Jersey Policy Perspective<\/a>\u00a0speaks on the myth of millionaire tax flight<\/li>\n<\/ul>\n<p>Plus:\u00a0<em>how much<\/em>\u00a0<em>wealth is stashed offshore?!<\/em>We speak to Tax Justice Network Senior Advisor and economist\u00a0<a href=\"https:\/\/twitter.com\/submergingmkt\">Jim Henry<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.twitter.com\/jechristensen56\">John Christensen<\/a>\u00a0on why our estimate of\u00a0<strong>$21 to 32 trillion<\/strong>\u00a0has been vindicated by new figures released by the OECD:\u00a0<em>\u201cit means we\u2019ve discovered an eighth continent of wealth\u201d<\/em><\/p>\n<p>Produced and hosted by\u00a0<a href=\"http:\/\/www.twitter.com\/naomi_fowler\">Naomi Fowler<\/a>. Transcript available\u00a0<a href=\"https:\/\/www.taxjustice.net\/wp-content\/uploads\/2020\/07\/Transcript_Taxcast_Edition_103.pdf\">here<\/a>\u00a0(not 100% accurate) Never miss an episode \u2014 subscribe by emailing naomi [at] taxjustice.net<\/p>\n<blockquote class=\"wp-block-quote\"><p><em>As we continue to ignore the racist history of the tax code, ignore the fact that policy is not race neutral and that the tax system is not immune to racism then we will continue to see the impact of black and Brown communities and communities of colour worsen in the most negative way.\u201d<\/em><\/p>\n<p><cite>~\u00a0<a href=\"https:\/\/www.cbpp.org\/cortney-sanders\">Cortney Sanders of the Center of Budget and Policy Priorities<\/a><\/cite><\/p><\/blockquote>\n<blockquote class=\"wp-block-quote\"><p><em>How is it that after 400 years over 40 million African Americans only own about 2% of US wealth? Normally when we talk about discrimination we talk about it from the perspective of the injustice or the immorality associated with it. I wanted to look at things a little differently. I wanted to look at what is the financial cost associated with it and more importantly what does research say that those costs are?\u201d<\/em><\/p>\n<p><cite>~ Author\u00a0<a href=\"https:\/\/youtu.be\/lchuk0f-_6Y\">Shawn Rochester<\/a>, (<a href=\"https:\/\/blacktaxed.com\/shop\/the-black-tax-the-cost-of-being-black-in-america-ebook-edition\/\">The Black Tax: the cost of being Black in America<\/a>)<\/cite><\/p><\/blockquote>\n<blockquote class=\"wp-block-quote\"><p><em>For a very long time here, we\u2019ve had a sort of a rising tide lifts all boats point of view in this country and saying, okay, well, you know communities of colour will benefit if we just invest in broad based policies. And I think this is a moment where people are saying, okay, we know that\u2019s not true, right? It doesn\u2019t mean we shouldn\u2019t invest in these broad-based policies. And it doesn\u2019t mean we shouldn\u2019t push for things that benefit everyone, but communities of colour have been specifically and explicitly pushed behind and disenfranchised. And to address those harms are going to have to have explicit policies that benefit them.\u201d<\/em><\/p>\n<p><cite>~\u00a0<a href=\"https:\/\/twitter.com\/Brandon_McKoy\">Brandon J. McKoy<\/a>\u00a0of\u00a0<a href=\"https:\/\/www.njpp.org\/\">New Jersey Policy Perspective<\/a><\/cite><\/p><\/blockquote>\n<blockquote class=\"wp-block-quote\"><p>I<em>t means we\u2019ve discovered an eighth continent of wealth<\/em>.\u00a0<em>It\u2019s important, especially for developing countries because [it] shows that they\u2019re basically a net creditor of the rich world, \u2018cos most of this money is not invested in Cayman islands or Panama, it\u2019s basically invested in London and New York and Zurich.\u201d<\/em><\/p>\n<p><cite>~ Tax Justice Network Senior Advisor and economist\u00a0<a href=\"https:\/\/twitter.com\/submergingmkt\">Jim Henry<\/a>\u00a0on why our estimate of\u00a0<strong>$21 to 32 trillion<\/strong>\u00a0offshore wealth has been vindicated by new figures released by the OECD<\/cite><\/p><\/blockquote>\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\"><span class=\"embed-youtube\"><iframe loading=\"lazy\" class=\"youtube-player\" src=\"https:\/\/www.youtube.com\/embed\/v87mwKEeYgw?version=3&amp;rel=1&amp;fs=1&amp;autohide=2&amp;showsearch=0&amp;showinfo=1&amp;iv_load_policy=1&amp;wmode=transparent\" width=\"640\" height=\"360\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/span><\/div>\n<\/figure>\n<p><strong>Want to download and listen on the go?<\/strong>\u00a0Download onto your phone or hand held device by clicking\u00a0<a href=\"https:\/\/traffic.libsyn.com\/secure\/taxcast\/Taxcast_July_20.mp3\">here.<\/a><\/p>\n<p><strong>Want more Taxcasts?\u00a0<\/strong>The full playlist is\u00a0<a href=\"https:\/\/www.taxjustice.net\/taxcast\/\">here\u00a0<\/a>and\u00a0<a href=\"https:\/\/www.youtube.com\/playlist?list=PLPle_vPYGn5xN_7ztc6caLmN_88WJQFLU\">here<\/a>. Or\u00a0<a href=\"http:\/\/www.tackletaxhavens.com\/taxcast\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this episode of the Tax Justice Network\u2019s monthly podcast, the\u00a0Taxcast\u00a0we bring you part 2 on how tax justice can help address systemic racism in<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/07\/24\/systemic-racism-and-tax-justice-the-taxcast-for-july-2020\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97,11],"tags":[],"class_list":["post-51807","post","type-post","status-publish","format-standard","hentry","category-tax-justice","category-tax-justice-network"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/51807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=51807"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/51807\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=51807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=51807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=51807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}