The dubious case for annual wealth taxation

Pestieau, Pierre; Broadway, Robin

Request a copy

Article (Scientific journals)

The dubious case for annual wealth taxation

Pestieau, Pierre; Broadway, Robin

2018 • In CESifo DICE Report, 16 (2), p. 3-7

Peer reviewed

Permalink
https://hdl.handle.net/2268/231863

Files (1)Send to Details Statistics Bibliography Similar publications

Files

Full Text

dice-report-2018-2-boadway-pestieau.pdf

Publisher postprint (1.29 MB)

Request a copy

All documents in ORBi are protected by a user license.

Send to

RIS BibTex APA Chicago Permalink X Linkedin

Details

Keywords :

wealth taxation; capital income tax

Abstract :

The purpose of this paper is to critically evaluate the case for an annual wealth tax as part of a nation’s tax system. To do so, we review currently received wisdom on the elements of a good tax system drawing on the normative tax design literature and best practices.

Disciplines :

Economic systems & public economics
Special economic topics (health, labor, transportation...)

Author, co-author :

Pestieau, Pierre ; Université de Liège - ULiège > HEC Liège > HEC Liège

Broadway, Robin

Language :

English

Title :

The dubious case for annual wealth taxation

Publication date :

2018

Journal title :

CESifo DICE Report

ISSN :

1612-0663

eISSN :

1613-6373

Publisher :

ifo Institute, Munich, Germany

Volume :

Issue :

Pages :

3-7

Peer reviewed :

Peer reviewed

Available on ORBi :

since 19 January 2019

Statistics

Number of views

179 (4 by ULiège)

Number of downloads

4 (3 by ULiège)

More statistics

Scopus citations^®

Scopus citations^®
without self-citations

Bibliography

Banks, J., Diamond, P., The Base for Direct Taxation (2010) Dimensions of Tax Design, pp. 548-648. , in J. Mirrlees, S. Adam, T. Besley, R. Blundell, S. Bond, R. Chote, M. Gammie, P. Johnson, G. Myles, and J. Poterba (eds.), Oxford University Press, Oxford
Boadway, R., Pestieau, P., (2017) The Tenuous Case for an Annual Wealth Tax, , IEB Report 4, Barcelona
Buchholz, W., Konrad, K.A., Taxes on Risky Returns—an Update (2014) Max Planck Institute for Tax Law and Public Finance Working Paper, pp. 2014-2110
Conesa, J.C., Kitao, S., Krueger, D., Taxing Capital? Not a Bad Idea after all (2009) American Economic Review, 99, pp. 25-48
Diamond, P., Optimal Tax Treatment of Private Contributions for Public Goods with and without Warm Glow Preferences (2006) Journal of Public Economics, 90, pp. 897-919
Domar, E.D., Musgrave, R., Proportional Income Taxation and Risktaking (1944) Quarterly Journal of Economics, 58, pp. 388-422
Fagereng, A., Guiso, L., Malacrino, D., Pistaferri, L., (2016) Heterogeneity and Persistence in Returns to Wealth, , NBER Working Paper w22822
Kacperczyk, M., Van Nieuwerburgh, S., Veldkamp, L., A Rational Theory of Mutual Funds Attention Allocation” (2016) Econometrica, 84, pp. 571-626
Report, M., (1978) The Structure and Reform of Direct Taxation, , Report of a Committee chaired by Professor J. E. Meade, London
Mirrlees, J., Adam, S., Besley, T., Blundell, R., Bond, S., Chote, R., Gammie, M., Poterba, J., (2011) Tax by Design (The Mirrlees Review), , Oxford University Press, Oxford
Piketty, T., (2013) Capital in the Twenty-First Century, , Paris
Stiglitz, J.E., The Effects of Income, Wealth, and Capital Gains Taxation on Risk-Taking (1969) Quarterly Journal of Economics, 83, pp. 263-283