León Fernando del Canto featured in Financial Times analysis on taxing the wealthy
The Financial Times recently published an in-depth report titled “The problem with taxing the rich”, exploring the global challenges governments face in effectively taxing large fortunes.
Within this debate, León Fernando del Canto, a Spanish lawyer and barrister based in London, provides a crucial perspective on the ethical and political dimensions of wealth taxation.
A moral and political reckoning, not just an economic dilemma
Quoted by the Financial Times, Del Canto argues that the growing tension between taxing private wealth and cutting essential public services “is no longer just an economic dilemma — it is a political and moral reckoning.”
He stresses that it is increasingly unjustifiable to preserve vast pools of untaxed wealth while essential safety nets for the elderly and disabled are being reduced.
Fiscal justice at the heart of democratic balance
Del Canto’s contribution highlights that the debate on wealth taxation must go beyond mere fiscal efficiency. Drawing on his expertise in international tax law, he calls for a global, transparent approach to taxation that prioritises fairness and social responsibility — essential pillars for maintaining democratic legitimacy in a world of growing inequality.
A Spanish voice in the global fiscal debate
Based in London, Del Canto Chambers specialises in cross-border taxation and international legal matters.
The inclusion of León Fernando del Canto’s analysis in the Financial Times underlines his standing as a leading Spanish voice in the global conversation on fiscal justice and ethical taxation.