This paper evaluates proposals for an annual wealth tax. While a dozen OECD countries levied wealth taxes in the recent past, now only three retain them, with only Switzerland raising a comparable fraction of revenue as recent proposals for a US wealth tax. Studies of these taxes sometimes, but...

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 effective instrument for distributive and fiscal...

Das Gutachten untersucht die fiskalischen Auswirkungen der (Wieder-)Einführung einer Vermögensteuer auf den Haushalt des Bundeslandes Hessen. Da die Steuerreformen der rot-grünen Bundesregierung von 1998 bis 2005 eine beträchtliche strukturelle Einnahmenlücke aufgerissen haben, die durch...

The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining ground in several OECD countries. We evaluate the revenue and distributional effects of a one-time capital levy on personal net wealth that is currently on the German political...