An annual wealth tax, a mark-to-market income tax, and a retrospective capital gains tax are three approaches to … implementation and operation of alternative capital taxation regimes. An annual wealth tax is highly vulnerable to valuation … uncertainty but shares in a wealth tax's exposure to valuation uncertainty. Ultimately, the choice among alternative capital …

underscore the difficulty of the effort to preserve progressive taxation and combat wealth inequality. I argue that the proposals … Theory to explain the entrenched and persistent nature of these narratives …

of income and wealth and interest into the taxation of wealth for redistributive purposes has largely increased. By … analysis of taxes on wealth and wealth transfers. Second, we evaluate redistributive effects of tax-benefit systems against the … joint income-wealth distribution instead of income only. We show that expressing living standards in terms of both income …

Many studies have shown that wealth inequality is even greater than income inequality and has increased in recent … decades. This issue of Policy in Focus is dedicated to wealth taxes, presenting various perspectives on whether they can be an …

work will transform debate and set the agenda for the next generation of thought about wealth and inequality. …