Taxing Our Wealth

نویسندگان

چکیده

This paper evaluates proposals for an annual wealth tax. While a dozen OECD countries levied taxes in the recent past, now only three retain them, with Switzerland raising comparable fraction of revenue as US Studies these sometimes, but not always, find substantial behavioral response, including saving, portfolio change, avoidance, and evasion, impact depends crucially on design features, especially broadness base enforcement provisions. Because are very different from any previous tax, experience other offers broad lessons, we can gain insights closely related taxes, such property estate optimal tax analysis role taxation.

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ژورنال

عنوان ژورنال: Journal of Economic Perspectives

سال: 2021

ISSN: ['0895-3309', '1944-7965']

DOI: https://doi.org/10.1257/jep.35.1.207