Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/179315
Authors: 
Krenek, Alexander
Schratzenstaller, Margit
Year of Publication: 
2018
Series/Report no.: 
WIFO Working Papers 561
Abstract: 
The increase of wealth inequality in many EU countries has spurred interest in wealth taxation. While taxes on wealth for a long time have played only a marginal role in the public finance and taxation literature, more recently a variety of arguments are brought forward in favour of (higher) wealth taxation. At the same time, tax competition has led to an almost complete disappearance of recurrent net wealth taxes in Europe. By dealing with non- and under-reporting in the Household and Consumption Survey (HFCS) data set provided by the European Central Bank, we are able to estimate the wealth distribution within 20 EU countries and the revenue potential of a progressive EU-wide net wealth tax.
Subjects: 
Net wealth tax
wealth taxation
wealth distribution
HFCS
top wealth holders
JEL: 
F55
H24
H87
Document Type: 
Working Paper
Social Media Mentions:

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.