Cnossen, Sijbren; Bovenberg, Lans - CESifo - 2000
wealth tax with a conventional realization-based capital gains tax, a retrospective capital gains tax which attempts to … charge interest on the deferred tax, and a capital accretion tax which taxes capital gains as they accrue. None of the … accretion tax to capture the returns on easy-to-value financial products, (b) a capital gains tax with interest to tax the …