Wealth taxation in the United States

The paper analyzes the fiscal effects of a Swiss-type tax on household wealth, with a $120,000 exemption and marginal tax rates running from 0.05 to 0.3 percent on $2.4 million or more of wealth. It also considers a wealth tax proposed by Senator Elizabeth Warren with a $50 million exemption, a 2 pe...

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Bibliographic Details
Main Author: Edward N. Wofff
Format: Article
Language:English
Published: Institute of Public Finance 2020-05-01
Series:Public Sector Economics
Subjects:
Online Access: http://www.pse-journal.hr/upload/files/pse/2020/2/1.pdf