H2020Индивидуална стипендия2017–2018

Wealth-Taxation · Optimal Taxation of Wealth

„Хоризонт 2020“ — Действия „Мария Склодовска-Кюри“

Период: 2017-09-01 → 2018-08-31
Финансиране от ЕС: 90 139 €
Участници: 1
Схема: MSCA-IF-EF-ST

Линиите свързват координатора с партньорите.

Накратко на български

Данъците върху богатството се анализират чрез сравнение между облагането на самите активи и доходите, които те носят. Това помага да се разбере как различните данъчни структури влияят върху икономическата ефективност и неравенството между хората.

Този кратък обзор е генериран от изкуствен интелект

Кратко обяснение, генерирано от езиков модел по текста на CORDIS. Оригиналът е по-долу.

Резултати накратко

Optimal Taxation of Wealth

Should governments tax income from wealth (capital income) or the wealth stock itself? What would be the optimal mix and structure of different taxes on wealth? These are the main questions that this project addresses. Growing inequality has been a big concern among academics, policymakers, and the public. Wealth taxation has been proposed as a way to alleviate wealth inequality. For example, Thomas Piketty’s book Capital in the Twenty-First Century put wealth taxation at the centre of public debate. Despite the fact that several countries have used wealth taxes, the rationale for such taxes are often vague – fairness, reducing inequality – and not studied formally. The aim of the project was to study quantitatively the implications of different forms of wealth taxation for wealth inequality, economic efficiency, and overall welfare.

Текст от CORDIS, на английски · Данни: CORDIS, © Европейски съюз

Цел на проекта

There has been a growing concern in public and academia about rising wealth inequality. In his book Capital in the 21st Century, Thomas Piketty has proposed implementing a global progressive “wealth tax” in order to reduce wealth inequality. The book has spurred discussions on wealth inequality and made taxation of wealth a subject of current debate.Wealth can be taxed by different means. While most countries tax income from wealth (capital income tax), some countries have also taxed wealth stock (wealth tax). Given that capital income tax is already used as a means to tax wealth in many countries, what would be the gain in using wealth tax instead or on top of capital income tax? This is one of the main questions that this proposal addresses. Despite the fact that many papers have studied whether it is desirable to tax wealth, the previous literature has been silent about whether capital income or wealth stock should be taxed. This was because most of the previous papers have made the strong assumption that everyone in the economy earns the same rate of return on wealth. Under this assumption, it turns out that capital income and wealth taxes are equivalent. Thus, the previous literature could not provide any rationale for or against using wealth tax instead or on top of capital income tax.The broad objective of this project is to study quantitatively the optimal structure of taxes on wealth and its implications for wealth inequality, economic efficiency, and overall economic welfare by constructing a framework that includes rate of return heterogeneity and other features emphasized to be important in determination of wealth inequality.Wealth taxation is a subject of current debate not only in academia but also in policy circles. This project contributes to this debate by providing a rigorous analysis that enhances understanding of determinants of wealth inequality and the structure of optimal taxes, and providing guidance for government policy.

Оригинален текст от CORDIS (на английски).

Участници

EUROPEAN UNIVERSITY INSTITUTE · FiesoleКоординаторИталия