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household-level wealth distribution in five selected EU member countries (Finland, France, Germany, Ireland, and Italy) to … derive inheritances based on different demographic and wealth projection scenarios. On this basis, various inheritance tax … that multiple factors coincide in favouring a growing revenue potential for inheritance taxation in the medium-term. Wealth …
Persistent link: https://www.econbiz.de/10013189292
This essay summarizes five key findings from the author's in-progress research evaluating the potential of wealth tax … plausibly succeed in making it so that the U.S. tax system would meaningfully tax the super rich: wealth taxation and mark … for as “progressive alternatives” to wealth tax reforms should be thought of as complements to wealth taxation rather than …
Persistent link: https://www.econbiz.de/10012865788
Wealth taxes have been adopted or considered as an adjunct to existing tax systems such as income taxes, property taxes …, and consumption taxes. Discussions about a wealth tax are usually a mixture of political, social, and economic issues … issues behind and to focus on the effects of a wealth tax on capital markets …
Persistent link: https://www.econbiz.de/10012840948
This paper addresses the modern optimal tax progressivity literature, which clarifies the key role of the behavioral response to taxation and accounts for the incomes of the superrich being qualitatively different than others. Some may be "superstars," for whom small differences in talent are...
Persistent link: https://www.econbiz.de/10012064477
The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining … net wealth that is currently on the German political agenda. We use survey data from the German Socio-Economic Panel (SOEP …) and estimate the net wealth distribution at the very top, based on publicly available information about very rich Germans …
Persistent link: https://www.econbiz.de/10014179431
In the throes of economic crisis, the Spanish government decided to reintroduce the Wealth Tax, appealing to … tax by drawing on the universe of wealth tax returns submitted to the Catalan Tax Agency between 2011 and 2015. Thus, we … exploit the variation in treatment exposure to analyse taxpayers' responses, in terms not only of wealth accumulation, but …
Persistent link: https://www.econbiz.de/10014106058
The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining … net wealth that is currently on the German political agenda. We use survey data from the German Socio-Economic Panel (SOEP …) and estimate the net wealth distribution at the very top, based on publicly available information about very rich Germans …
Persistent link: https://www.econbiz.de/10013121166
This paper aims to contribute to the literature on the impact of net wealth taxes on social fairness. The model … introduction of a net wealth tax tends to improve social inequality. Factors affecting this result are the initial distribution of … income, the level of progressivity of both net wealth tax and personal income tax, and the way in which public spending is …
Persistent link: https://www.econbiz.de/10014344540
The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining … net wealth that is currently on the German political agenda. We use survey data from the German Socio-Economic Panel (SOEP …) and estimate the net wealth distribution at the very top, based on publicly available information about very rich Germans …
Persistent link: https://www.econbiz.de/10009236841
The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining … net wealth that is currently on the German political agenda. We use survey data from the German Socio-Economic Panel (SOEP …) and estimate the net wealth distribution at the very top, based on publicly available information about very rich Germans …
Persistent link: https://www.econbiz.de/10009487901