Download or read book The Tenuous Case for an Annual Wealth Tax written by Robin Boadway and published by . This book was released on 2018 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore the case for and against an annual wealth tax as part of the overall tax mix. Few countries now use wealth taxes, and those that do adopt narrow tax bases. Taxes on inheritances or bequest are more common, but they generate limited revenue and apply to relatively few taxpayer. In principle, annual wealth taxes are roughly equivalent to capital income taxes on the assets to which they apply, although there are some assets for which wealth taxes might be simpler to implement than capital income taxes. Annual wealth taxes are distinct in purpose from inheritance taxes which are useful adjuncts to income taxes even if capital income is exempt. We recount the persuasive arguments for taxing capital income, albeit at different rates than for other income, and for taxing inheritances regardless of whether capital income is taxed. We argue that if the desire to tax asset income and wealth transfers is appropriately addressed by capital income and inheritance taxation, the additional need for an annual wealth tax is minimal and its benefits do not outweigh its administrative costs.
Download or read book Against Inequality written by Tom Malleson and published by Oxford University Press. This book was released on 2023-04-11 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an era of remarkable wealth idolatry, Tom Malleson investigates the ethical justifications of wealth inequality, taking the radical position that we should abolish the billionaires. Stark inequality is a problem the world over, but it has been worsening over the past thirty years, particularly in rich, economically developed countries. To acquire the same amount of wealth as Elon Musk, the average American worker would have to work for more than four and a half million years. Is this inequality morally acceptable and is it feasible to actually reduce inequality in the real world? In Against Inequality, Tom Malleson makes the case for rejecting meritocracy, presenting a strong defense against the claim that individuals "deserve" their wealth. Malleson argues that people, especially rich people, do not morally deserve the bulk of their income because it does not, by and large, come from anything the specific individual does, but is largely due to the vast understructure of other people's labor, in addition to their lucky possession of bodily talents and efforts. Furthermore, the book brings to light extensive historical and comparative evidence to show that raising taxes on both income and wealth is practically feasible and that the costs of doing so are far outweighed by the truly enormous benefits that such taxes could bring in terms of environmental sustainability, democratic equality, equal opportunity, and reduced racism and xenophobia. Unlike previous books on inequality, Against Inequality focuses on the superrich, arguing that they have far too much: a world with billionaires alonside severe deprivation is a world without justice. Malleson's argument is not that billionaires are individually evil, but that a society that allows the existence of the superrich is structurally immoral. In an era of remarkable wealth idolatry, Against Inequality takes the radical position that we should abolish the billionaires.
Download or read book Federal Wealth Transfer Tax Anthology written by Paul L. Caron and published by Anderson Publishing Company (OH). This book was released on 1998 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This anthology is designed to be used both as a source of supplemental readings in the estate and gift tax course and as a primary text in tax policy seminars. In selecting the materials included in this book, the editors sought to emphasize the classic writing in the field while at the same time include a sampling of recent tax scholarship.
Download or read book Capital Without Borders written by Brooke Harrington and published by Harvard University Press. This book was released on 2016-09-12 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A timely account of how the 1% holds on to their wealth...Ought to keep wealth managers awake at night.” —Wall Street Journal “Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system.” —Richard Cooper, Foreign Affairs “An insight unlike any other into how wealth management works.” —Felix Martin, New Statesman “One of those rare books where you just have to stand back in awe and wonder at the author’s achievement...Harrington offers profound insights into the world of the professional people who dedicate their lives to meeting the perceived needs of the world’s ultra-wealthy.” —Times Higher Education How do the ultra-rich keep getting richer, despite taxes on income, capital gains, property, and inheritance? Capital without Borders tackles this tantalizing question through a groundbreaking multi-year investigation of the men and women who specialize in protecting the fortunes of the world’s richest people. Brooke Harrington followed the money to the eighteen most popular tax havens in the world, interviewing wealth managers to understand how they help their high-net-worth clients dodge taxes, creditors, and disgruntled heirs—all while staying just within the letter of the law. She even trained to become a wealth manager herself in her quest to penetrate the fascinating, shadowy world of the guardians of the one percent.
Download or read book Reports of the Tax Court of the United States written by United States. Tax Court and published by . This book was released on 1950 with total page 1678 pages. Available in PDF, EPUB and Kindle. Book excerpt: Final issue of each volume includes table of cases reported in the volume.
Download or read book Reports of the United States Tax Court written by United States. Tax Court and published by . This book was released on 1950 with total page 1268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Structure and Reform of Direct Taxation Routledge Revivals written by James Meade and published by Routledge. This book was released on 2013-09-05 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1978, The Structure and Reform of Direct Taxation presents the full findings and recommendations of the ‘Meade’ committee set up by The Institute for Fiscal Studies. It represents the most important contemporary examination of the structure of UK taxation and direct taxation systems in general. The results of two years’ intensive research and discussion by this independent committee are presented as a report under the joint authorship of an outstanding team of tax experts. The committee brought together professional practitioners-lawyers, accountants and taxation administrators-and academic specialists in fiscal studies, and here provides a unique review of direct taxation which is comprehensive, singularly original and full of good sense. The book begins with a return to first principles, restates the objectives of a good tax system and analyses existing structures. It goes on to examine the feasibility of basic reforms which would allow the system to become more straightforward in operation and which would base taxation on what individuals take out of the economy rather than on what they put into it.
Download or read book International Evidence on the Effects of Having No Capital Gains Taxes written by Fraser Institute (Vancouver, B.C.) and published by The Fraser Institute. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Making the Modern American Fiscal State written by Ajay K. Mehrotra and published by Cambridge University Press. This book was released on 2013-09-30 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making the Modern American Fiscal State chronicles the rise of the US system of direct and progressive taxation.
Download or read book Proceedings of the Annual Conference Held Under the Auspices of the National Tax Association written by National Tax Association and published by . This book was released on 1965 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each volume beginning with volume 2, includes list of papers published in preceding volumes.
Download or read book Taxation and Democracy written by Sven Steinmo and published by Yale University Press. This book was released on 1993-01-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the structure, politics and historic development of taxation in several countries, this book compares three quite different political democracies. It provides an account of the ways these democracies have financed their welfare programs despite w
Download or read book Implementing Direct Comsumption Taxes in Developing Countries written by and published by World Bank Publications. This book was released on with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Tax System in Mexico written by Thomas Dalsgaard and published by . This book was released on 2000 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Taxation of Income from Business and Capital in Colombia written by Charles E. McLure and published by Fiscal Reform in the Developin. This book was released on 1990 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Over the years Colombian tax officials have received the benefit of first-class advice of leading foreign scholars. In return, these scholars--and indeed everyone concerned with development policy--have gained a great deal both from the unusual willingness of Colombians to consider new ideas in detail and then, after full public discussion, drawing on the work of these experts to design a 'made-in-Colombia' solution. "[The book's] most important contribution, however, is undoubtedly with respect to consumption taxes. No one, anywhere, has thought through with such care just how the so-called 'simplified alternative tax' (essentially a direct personal consumption tax combined with a cash-flow corporate tax) might work in the real world. Since such taxes are increasingly being considered--if not adopted--all over the world, in developing and developed countries alike, for this reason alone this book should be high on the reading list of all those concerned with the design and implementation of efficient and equitable direct tax systems."--From the Foreword by Richard M. Bird
Download or read book Proceedings of the Annual Conference written by National Tax Association and published by . This book was released on 1965 with total page 828 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ecological Economics Second Edition written by Herman E. Daly and published by Island Press. This book was released on 2011-01-26 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its first edition, this book helped to define the emerging field of ecological economics. This new edition surveys the field today. It incorporates all of the latest research findings and grounds economic inquiry in a more robust understanding of human needs and behavior. Humans and ecological systems, it argues, are inextricably bound together in complex and long-misunderstood ways. According to ecological economists, conventional economics does not reflect adequately the value of essential factors like clean air and water, species diversity, and social and generational equity. By excluding biophysical and social systems from their analyses, many conventional economists have overlooked problems of the increasing scale of human impacts and the inequitable distribution of resources. This introductory-level textbook is designed specifically to address this significant flaw in economic thought. The book describes a relatively new “transdiscipline” that incorporates insights from the biological, physical, and social sciences. It provides students with a foundation in traditional neoclassical economic thought, but places that foundation within an interdisciplinary framework that embraces the linkages among economic growth, environmental degradation, and social inequity. In doing so, it presents a revolutionary way of viewing the world. The second edition of Ecological Economics provides a clear, readable, and easy-to-understand overview of a field of study that continues to grow in importance. It remains the only stand-alone textbook that offers a complete explanation of theory and practice in the discipline.
Download or read book Dimensions of Tax Design written by James A. Mirrlees and published by Oxford University Press. This book was released on 2010-04-29 with total page 1360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Review was chaired by Nobel Laureate Professor Sir James Mirrlees of the University of Cambridge and the Chinese University of Hong Kong. --
