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Wealth Tax A Flawed Idea With New Life: C.D. Howe Institute
Friday, June 21st, 2019
They find that wealth taxes add relatively little to what taxes on capital income can achieve, and that concerns about the social consequences of wealth concentration are better addressed by reform of existing capital income taxes and by considering wealth transfer (inheritance) taxation… In those few nations that continue to have a wealth tax, its proceeds have decreased over time.
Tags: economy, ideology, standard of living, tax
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