The search result changed since you submitted your search request. Documents might be displayed in a different sort order.
  • search hit 10 of 12
Back to Result List

The Economics of Taxing Net Wealth: A Survey of the Issues

  • 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 argued that classical normative principles of taxation known from public economics cannot give a sound justification for a net wealth tax. The efficiency-related effects are also discussed and shown to be theoretically ambiguous, while empirical evidence hints at a negative effect on GDP growth. Finally, it is argued that despite of widespread and persistent lobbying for a revitalization of the net wealth tax, this is unlikely to happen due to political economy constraints.

Export metadata

Additional Services

Search Google Scholar
Metadaten
Author: Jan SchnellenbachORCiD
ISSN:1523-9721
Title of the source (English):Public Finance and Management
Document Type:Scientific journal article peer-reviewed
Language:English
Year of publication:2012
Tag:inequality; net wealth tax; redistribution; wealth
Volume/Year:12
Issue number:4
First Page:368
Last Page:400
Faculty/Chair:Fakultät 5 Wirtschaft, Recht und Gesellschaft / FG VWL, insbesondere Mikroökonomik
Einverstanden ✔
Diese Webseite verwendet technisch erforderliche Session-Cookies. Durch die weitere Nutzung der Webseite stimmen Sie diesem zu. Unsere Datenschutzerklärung finden Sie hier.