wealth tax

(redirected from wealth taxes)
Also found in: Financial.

wealth tax

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

wealth tax

wealth tax

nimposta sul patrimonio
Mentioned in ?
References in periodicals archive ?
Wealth taxes violate Article I, Section 2, Clause 3, of the U.S.
SOME PS7billion a year could be raised by tightening wealth taxes and cutting subsidies for the rich.
Very few countries have robust estate or inheritance taxes and even fewer have annual wealth taxes. Even France, Piketty's homeland, recently abolished its "solidarity tax" on wealth in 2017 as President Emmanuel Macron came into office.
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.
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.