The OECD Wants Higher Taxes on Everything

Adam N. Michel

A recent G20 proposal for a globally coordinated wealth tax on the world’s billionaires highlights an under‐​discussed risk of the tools being developed by the Organisation for Economic Co‐​operation and Development (OECD). Its new system for international corporate tax harmonization sets a precedent for additional global taxes on individuals and other economic activities.

I’ve written extensively about the fundamental problems with the OECD’s proposals to raise...