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Coordination of taxes across countries in order to avoid fiscal competition (Countries reducing taxes to attract companies and big fortunes) which leads to a race of tax reductions and will make Welfare States financially unsustainable.
Avoid/reduce/discourage through appropriate regulation speculative operations with financial assets, currencies and other goods. Separate commercial from industrial banking activities. Promote a public, ethical and democratically controlled banking system. Introduce a global tax on financial transactions (Tobin tax) as a first step to discourage speculative activities The EU and other international organizations should set up effective policy measures against tax havens Analyze the proposal to limit the ability of private banks to create money by maintaining only a fraction of the deposits in cash/liquid assets. Only the Central Banks would be allowed to create money.

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