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Today's tax systems, in which value-added taxes and payroll taxes play a prominent role, are largely creations of the 1950s. We need to invent modern tax systems adapted to the reality of the 21st century: the growing importance of capital and the rise of inequality. This article reviews some of the challenges involved with increasing the progressivity of tax systems in a globalised world and discusses how these challenges could be overcome. I make the case for new and more ambitious forms of international cooperation and for modern forms of wealth taxation.
Authors

Gabriel Zucman
Journal article details
- DOI
- 10.1111/1475-5890.12341
- Publisher
- Wiley
- ISSN
- 0143-5671
- Issue
- Volume 44, Issue 3, August 2023, pages 1-7
Suggested citation
Zucman, G. (2023), 'Globalisation, taxation and inequality', Fiscal Studies, 44(3), 1–7, https://doi.org/10.1111/1475-5890.12341
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