International Tax Justice: The Independence Fallacy and the Myth of Freely Disposable National Income
New
Journal
Country
European Union; International; OECD
Published Date
Issue
Bulletin for International Taxation 2026 (Volume 80), No. 4/5
Document
Countries often treat national income as freely disposable, an assumption that the authors label the “Independence Fallacy.” In an interconnected economy, income depends on cross-border recognition of property systems, which generates obligations of global distributive justice. These obligations constrain fiscal sovereignty and support international tax coordination.