This week, Hector Ulloa and Noé M. Mendoza Fuente were in New York for the ECOSOC Forum and the 4th Preparatory Committee for the Financing for Development process.
Hector joined a side event organized by UNDP, Brazil, and Spain as a panelist, where discussions centered on taxation as a tool to reduce inequality.
Across this platform and in a series of bilateral meetings with various delegations, our team consistently advocated for the inclusion of progressive taxation as a key commitment in the Outcome Document to be adopted in Seville.
Our position is two-fold:
- Progressive taxation depends on political will to address the current regressivity at the top, where high-net-worth individuals often contribute proportionally less than others.
- It also requires strong enforcement capacity, including effective data use, context-specific tax regimes targeting wealth, and a high degree of digitalization.
The upcoming meeting in Seville presents a critical opportunity for countries to make meaningful commitments on these issues. We look forward to contributing through our research and continued engagement.