Economics, Econometrics and Finance
3 years ago

France Urged to Implement Global Wealth Tax to Combat Inequality

SSRN Electronic Journal
Rebalancing the Arguments for Taxation of Wealth: Evidence from France
Babatunde Akinmade

Paper Summary

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The article discusses the idea of taxing wealth in France to address rising income and wealth inequality. It reviews different arguments for and against a wealth tax, highlighting the need for a global approach due to capital flight. The researchers suggest that a combination of policy instruments is needed to effectively tackle wealth concentration and inequality.