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    Fiscal Justice to Reduce Inequality in Latin America and the Caribbean

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    Author(s)
    Itriago, Deborah
    Publication date
    2014-09-10
    Subject
    Economics
    Inequality
    Keywords
    Inequality
    Social protection
    Taxation
    Latin America and the Caribbean
    LAC
    Finance
    Country
    Argentina
    Bolivia
    Brazil
    Chile
    Colombia
    Dominican Republic
    Ecuador
    El Salvador
    Guatemala
    Honduras
    Mexico
    Nicaragua
    Paraguay
    Peru
    Trinidad and Tobago
    Uruguay
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    Publisher(s)
    Oxfam International
    Document type
    Briefing paper
    Description

    Latin America and the Caribbean (LAC) is still the most unequal region in the world, despite economic growth and the reduction of both poverty and inequality over the last decade.

    Political and economic elites have shaped fiscal systems which, in general, have a very limited impact when it comes to correcting inequalities and in some cases have deepened them. Public finances in LAC reflect an inequitable social and economic model which perpetuates the concentration of power and discrimination. Government revenues are undermined by high rates of tax evasion and avoidance in a region with huge social needs.

    This briefing paper calls for courageous reforms to create fair and equitable fiscal systems in LAC. By supporting quality essential social services and social protection mechanisms; by increasing the role of tax systems as instruments of the redistribution of wealth; by reducing the current high levels of tax evasion and tax avoidance; and by doing so through ensuring transparency in those reforms, a new fiscal system would help to address and reduce entrenched inequalities across the region.

    Pages
    40
    ISBN
    978-1-78077-653-8
    URI
    http://hdl.handle.net/10546/323684
    Additional Links
    https://policy-practice.oxfam.org.uk/publications/fiscal-justice-to-reduce-inequality-in-latin-america-and-the-caribbean-323684
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