Recent books by Thomas Piketty (Piketty, 2014) and Anthony Atkinson (Atkinson, 2015) have brought the annual wealth tax … back on the policy agenda. Both authors suggest using the annual wealth tax to supplement the redistributional effects of …, the wealth tax is often not delivering the expected effects - a large share of the tax burden falls on people with low …

Wealth is very unequally distributed in Germany. To effect a long-term reduction, the new Federal Government could …. However, a universal capital endowment could decrease wealth inequality much more rapidly and successfully. In this report, a … recurrent wealth tax on the ultra wealthy, and taxing real estate properties more effectively. A universal capital endowment …

This paper surveys possible motivations for having a net wealth tax. After giving a short overview over the state of … wealth taxation in OECD countries, we discuss both popular arguments for such a tax, as well as economic arguments. It is … net wealth tax. The efficiency-related effects are also discussed and shown to be theoretically ambiguous, while empirical …

We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find …

We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find …

apparent corollary is that the same superiority holds in the comparison of an ideal accretion wealth tax and an ideal … consumption tax, because an accretion wealth tax seems not to differ in relevant ways from an ideal income tax.This paper argues … that these conclusions are qualified. A progressive accretion wealth tax can curb negative externalities that remain in …

Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth … intergenerational data from Norway, focusing on effects on wages rather than capital income. Results suggest that a net wealth of NOK 1 …. The estimated hypothetical wage distribution without the wealth tax is more unequal. Moreover, suggestive evidence …

Like in many other countries, wealth inequality has increased in Switzerland over the last fifty years. By providing … new evidence on cantonal top wealth shares for each of the 26 cantons since 1969, we show that the overall trend masks … striking differences across cantons, both in levels and trends. Combining this with variation in cantonal wealth taxes, we then …

We study the effect of bequests and their taxation on wealth inequality. We allow for random death and birth in a … continuous-time, dynastic framework. Individuals behave optimally and accumulate wealth over their lifetime. Bequests above a tax … exemption threshold are taxed according to a fixed rate. We derive a stochastic differential equation modeling dynastic wealth …

The increase of wealth inequality in many EU countries has spurred interest in wealth taxation. While taxes on wealth … arguments are brought forward in favour of (higher) wealth taxation. At the same time, tax competition has led to an almost … complete disappearance of recurrent net wealth taxes in Europe. By dealing with non- and under-reporting in the Household and …