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clause, in the then-proposed United States Constitution, which intended to give open-ended borrowing authority to the United …
Persistent link: https://www.econbiz.de/10013009183
Wealth tax reform proposals are playing a major role in the 2020 presidential campaign. However, some opponents of these wealth tax reform proposals have claimed that a wealth tax would be unconstitutional. Other prominent critics have argued that wealth tax reforms are probably...
Persistent link: https://www.econbiz.de/10012846684
Informal proposals to enact a national wealth tax have been around for a while, and Senator Elizabeth Warren, while still a presidential candidate, promoted a specific form of wealth tax: a tax on the net wealth of high-net-worth individuals. Whatever the economic and ethical merits of such a...
Persistent link: https://www.econbiz.de/10014091732
This paper challenges the leading academic, political, and cultural narrative supporting greater redistribution. The … narrative holds that redistribution should come at the expense of a very restricted group of the highest earners: the one … redistribution from a much broader group that includes the affluent—those with incomes in the ninetieth to ninety-ninth percentiles …
Persistent link: https://www.econbiz.de/10014076838
This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
redistribution is no business of the law. This efficiency-only doctrine is not that redistribution is unworthy as a social objective … initial distortion arising from redistribution pre se, through taxation or through law, and an additional distortion all its … inapplicable to most of what is commonly thought of as redistributive law. Redistribution is best supplied by a balance of law and …
Persistent link: https://www.econbiz.de/10003872443
approach finds support in the economic literature, which postulates that redistribution through the tax system is more …
Persistent link: https://www.econbiz.de/10013074768
discussion of fiscal redistribution within the standard social welfareframework, which lends itself to a transparent and … practical evaluation of the extent anddeterminants of fiscal redistribution. Differences in fiscal redistribution are decomposed … factorsexplaining differences in their fiscal redistribution and to discuss patterns in fiscalredistribution highlighted in the …
Persistent link: https://www.econbiz.de/10012889140
provides a unique opportunity to study revealed preferences for redistribution. We study the motives driving tax protests …
Persistent link: https://www.econbiz.de/10012823334
Sovereignty to tax is a central idea for international tax law. However, to be formally sovereign is not the same thing as being able to effectively exercise sovereignty. The mobility of capital and businesses, or at least the perception of their mobility, is increasingly pressuring state...
Persistent link: https://www.econbiz.de/10012826467