Showing posts with label tax system. Show all posts
Showing posts with label tax system. Show all posts

Wednesday, 3 June 2026

Is there a viable way to tax large fortunes? Is it beneficial for the economy?

Over the past four decades, the total accumulated wealth in developed countries has risen to more than six times national income, up from around three times previously. At the same time, the distribution of wealth has become highly unequal. Nevertheless, most countries still do not impose a general and direct wealth tax, even though such a tax could help address the increasingly difficult task of financing the public sector worldwide.

Is there a viable way to tax large fortunes? Is it beneficial for the economy?