Wealth Taxation and Wealth Accumulation: Theory and Evidence From Denmark*

Public goods provision, redistributive taxation, and wealth accumulation ¬リニ

Estate Taxation , Entrepreneurship , and Wealth

Since its introduction in 1916, the estate tax has been one of the most controversial parts of the United States tax code. Estate tax opponents dub it a “death tax,” claim that it hurts business activity and job creation, and assert that its negative effects are thus felt by all households, including those that never pay the tax. For these reasons, they call for abolishing it. In contrast, its ...

Housing and Wealth Accumulation:

It has long been argued that promoting homeownership among low-income households is worthwhile because owned housing may be an important source of savings for these families, and that children raised in owned housing are likely to be more successful well-adjusted members of society. This paper employs the Panel Study of Income Dynamics and a dynamic estimating technique to examine the effect of...

Wealth Inequality and Accumulation.

Research on wealth inequality and accumulation and the data upon which it relies have expanded substantially in the twenty-first century. While the field has experienced rapid growth, conceptual and methodological challenges remain. We begin by discussing two major unresolved methodological concerns facing wealth research: how to address challenges to causal inference posed by wealth's cumulati...

Wealth transfer taxation: a survey

The purpose of this paper is to survey the theoretical literature on wealth transfer taxation. The focus is normative: we are looking at the design of an optimal tax structure from the standpoint of both equity and efficiency. The gist of this survey is that the optimal design closely depends on the assumed bequest motives. Alternative bequest motives are thus analyzed either in isolation or co...