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Crossing the Tax Rubicon

Daily FT

|

September 19, 2025

Like Caesar's crossing of the Rubicon, every tax decision carries lasting consequences

- By Dr. Nadee Dissanayake

Crossing the Tax Rubicon

THE phrase “crossing the Rubicon” has travelled from ancient Rome into modern language as a metaphor for making a decision from which there is no turning back. Its origins date to 49 BCE, when Julius Caesar, confronted with a political deadlock, led his army across the Rubicon River an act that defied the Roman Senate and marked the beginning of a civil war that forever changed Rome’s destiny. As Caesar reportedly declared, “The die is cast.” In that single moment, he understood that there was no possibility of retreat, only the certainty of consequences. The step across the river was not just military defiance; it was the point of no return, carrying outcomes that would reshape both his own fate and the future of the Republic.

This enduring metaphor is equally relevant today, particularly in public finance. Tax reforms, once enacted, rarely allow for reversal without significant disruption. They shape compliance culture, influence trust in institutions, and set into motion economic outcomes that last for years. Policymakers, therefore, must approach decisions with foresight, recognising that some choices commit a nation irreversibly to a fiscal course.

Why the Rubicon matters in tax policy

MEER VERHALEN VAN Daily FT

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