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- Doug Casey On the Push for Global Taxation... and What Comes Next
Doug Casey On the Push for Global Taxation... and What Comes Next
by Doug Casey International Man
International Man: Last year, the Organisation for Economic Co-operation and Development (OECD) and more than 130 countries agreed to set a minimum global corporate tax rate of 15%.
What’s your take on this push for global taxation?
Doug Casey: They say only two things in the world are inevitable: death and taxes. Both evils, to be avoided. With technology developing at its current pace, let’s discuss the inevitability of death another time. But, unlike death, taxes aren’t part of the cosmic firmament. They’re neither necessary nor desirable.
Let’s go back to the basics, define the word in question, and look at the moral concepts that surround the subject.
What is taxation? It’s actually theft. Why do I say that?