wealth tax

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wealth tax

n
(Economics) a tax on personal property; capital levy
Translations

wealth tax

wealth tax

nimposta sul patrimonio
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References in periodicals archive ?
THE "baby boomer" generation must pay higher wealth taxes to fund health and welfare spending as costs spiral as a result of an ageing population, a Tory former minister has said.
The Sharif family had challenged the valuation of wealth taxes on their various shares in several companies.
The authorities have been collecting wealth taxes as per the decision of the court," he said.
Wealth taxes are largely missing, in sharp contrast with the region's level of wealth concentration and wealth inequality.
Our focus on wealth taxes, renationalisation of the railways and a citizens' income appeal strongly to traditional Labour voters.
Much of the controversy that has greeted his work in the United States -- particularly in conservative economic circles -- concerns this taxation issue, since Piketty does not propose incremental tax rate increases, but rather boldly calls for high tax rates on the wealthy and annual wealth taxes.
But Pikettism does not require income taxes, so much as wealth taxes.
2013) Property and Wealth Taxes in the UK: The Context for Reform, London, IPPR.
Section 5 will look at the effects of such a tax on efficiency, and in Section 6 some tentative explanations for the (non-)existence of wealth taxes from a political economy perspective are given.
Many countries which have tried wealth taxes have found they produce unfair results and capital flight on an enormous scale.
But while the VP emphasises savings, the SP wants a considerable proportion raised by such means as wealth taxes.
As of 2001, annual wealth taxes on motor vehicles were used in twenty-eight states in the United States in the form of either an ad valorem personal property tax, a tax in lieu of a property tax or an age-based fee.