Arbeitspapier
A European net wealth tax
The increase of wealth inequality in many EU countries has spurred interest in wealth taxation. While taxes on wealth for a long time have played only a marginal role in the public finance and taxation literature, more recently a variety of arguments are brought forward in favour of (higher) wealth taxation. At the same time, tax competition has led to an almost complete disappearance of recurrent net wealth taxes in Europe. By dealing with non- and under-reporting in the Household and Consumption Survey (HFCS) data set provided by the European Central Bank, we are able to estimate the wealth distribution within 20 EU countries and the revenue potential of a progressive EU-wide net wealth tax.
- Sprache
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Englisch
- Erschienen in
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Series: WIFO Working Papers ; No. 561
- Klassifikation
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Wirtschaft
International Institutional Arrangements
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
International Fiscal Issues; International Public Goods
- Thema
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Net wealth tax
wealth taxation
wealth distribution
HFCS
top wealth holders
- Ereignis
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Geistige Schöpfung
- (wer)
-
Krenek, Alexander
Schratzenstaller, Margit
- Ereignis
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Veröffentlichung
- (wer)
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Austrian Institute of Economic Research (WIFO)
- (wo)
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Vienna
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Krenek, Alexander
- Schratzenstaller, Margit
- Austrian Institute of Economic Research (WIFO)
Entstanden
- 2018