Wealth taxes are increasingly being considered as an option in policy and academic circles to collect additional revenue address inequality. One objection that is often raised, however, they seem have failed countries tried them, with most OECD abandoning their wealth recent decades. This paper gives overview of countries’ experiences explores the different factors led repeal countries. The als...

What are the determinants of philanthropic and political giving? Are donations to charities parties driven by same incentives? In this article, we use new administrative household panel data quantify empirically motivations for giving, depending on donors’ characteristics tax incentives. Our dataset includes all households filling their income and/or wealth returns in France between 2006 2019. ...

We study a dynamic version of Meltzer and Richard’s median-voter model where agents differ in initial wealth. Taxes are proportional to total income, and they are redistributed as equal lumpsum transfers. Voting takes place every period and each consumer votes for the current tax rate that maximizes his or her welfare. We characterize time-consistent (differentiable) Markovperfect equilibria in...

In this paper, we present findings from the first ever study, to our knowledge, focus in detail on public attitudes an annual wealth tax. We start with a brief review of relevant recent studies before outlining mixed methods used, which involved nationally representative survey 2,243 members general and four groups conducted during summer 2020. The study aimed measure, explore explain overall l...