The Carta Magna. Reflections on its meaning eight centuries later
DOI:
https://doi.org/10.55444/2451.7321.2015.v53.n1.16415Keywords:
Magna Carta, institutions, public finances, taxesAbstract
The Carta Magna –agreed upon by John, king of England, and a group of bishops and feudal barons of his kingdom who had rebelled its authority in the year 1215- contains general principles on the good use of power. Several of the most significant principles relate to tax matters. Taxation is a powerful source of influence on the life of the countries and the institutional changes they give rise to depend on how people in each historical moment understand how these interrelationships between economics and politics act. The 800 years since the agreement of the Magna Carta allow a reflection on the importance of the relationship between institutions, taxation, economics and politics and this is of the utmost importance for the understanding of contemporary economic, political and fiscal issues. The objective of this article is to make an analysis of the most significant clauses of the Magna Carta, that is, those that constitute a cornerstone of modern economic-political institutions.
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Copyright (c) 2015 Ricardo Bara
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