Solidarity Taxes in the Context of Economic Recovery Following the COVID-19 Pandemic
There are multiple examples of solidarity taxes imposed across country contexts over previous decades. The solidarity taxes that were levied were done to mitigate effects of a crisis such as a pandemic, as well as rebuilding of nations that had been affected by world wars (examples include Zimbabwe and Germany).
World Bank building (Photo: Simone D. McCourtie / World Bank)
Considering the renewed interest in solidarity taxes in the wake of COVID-19, author Attiya Waris reviews the history of solidarity taxes, and discusses key lessons from the past, in addition to drawing these lessons and findings into policy reccomendations moving forward.
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This policy paper is part of the Pathfinders Grand Challenge on Inequality & Exclusion. More information about this initiative can be found here.