Over the years many proposals for global taxes – taxes levied on a world-wide basis – have been made. None has been … successful, essentially because one cannot have global taxes without a global government. This paper first reviews some of the … taxes deal with cross-border flows) – may have to teach those who consider the answer to some problem to be a global (or …

redistributive tool in democratic societies. Generally, left-wing parties are more supportive of progressive taxes and redistribution … institutions. Yet, the internationalisation of capital markets has made it difficult to levy high income taxes as it might cause …