The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining ground in several OECD countries. We evaluate the revenue and distributional effects of a one-time capital levy on personal net wealth that is currently on the German political agenda. We use survey data from the German Socio-Economic Panel (SOEP) and estimate the net wealth...
Stefan Bach, Martin Beznoska, Viktor Steiner
Frankfurt am Main,
- 07.09.2011| Die Ordnung der Weltwirtschaft: Lektionen aus der Krise: Jahrestagung des Vereins für Socialpolitik 2011