Fiscal policy
A better future means protecting our planet and improving the lives of those who live on it. It also means that we need to rethink the way that our economy works.
Our societies are becoming more divided every day. The gap between the richest and the poorest is growing. Young people especially are becoming more at risk of poverty and finding it harder to be financially independent. With another economic crisis inevitable, things will likely get worse.
But what if the way we see the economy changes? By changing how and where governments invest and what is prioritised, we can choose the path to a more sustainable, equitable future.
This is why we need to reassess what constitutes so-called responsible and sustainable fiscal policy. Fiscal policy needs to serve societal goals, be better aligned with climate action and the transformation of our economies and societies towards an economy that works for the people and the planet. There will be no just and green transition without a consequent involvement of governments.
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Our must read!
Young Europeans face significant challenges from the climate and biodiversity crises, economic austerity, and rising inequality. The European Youth Forum advocates for a reformed tax system that addresses these intertwined issues. In this paper, we lay the foundations for a system that promotes fairness, environmental sustainability, and inclusivity.
Our vision emphasises social justice, green principles, and meaningful youth participation in financial decisions that shape our future. By recommending policies that close corporate loopholes, shift tax burdens from labour, and support initiatives for youth empowerment and financial independence, we aim to build a tax framework that supports our generations and a sustainable Europe for its young citizens.
Generation Austerity
Austerity is an economic policy that cuts public budgets and often raises taxes to reduce public debt. It is unfair and inefficient, and it hurts young people more. In the 2010s, European institutions imposed such policies on national governments (including Spain, Greece, Italy, Portugal and Ireland), leading to turmoil for an entire generation. Read their stories. Fund our future.
Key Documents and Resources
Open Policy Documents
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