When capital is perfectly mobile across countries and labour is fixed, a source-based tax on capital both reduces and redistributes world income. We show that under plausible circumstances there always exists a country that benefits from introducing such a tax

Edlefsen [3] has shown that a phenomenon of great similarity to the strong LeChatelier principle can be established when altering the feasible set of an optimizing agent by suitably replacing existing constraints rather than adding new ones. Here it was demonstrated that essentially the same...