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The COVID-19 pandemic triggered one of the largest public health and economic crises the U.S. has witnessed in modern history. A team of researchers at the Poverty Lab and the Rustandy Center for Social Sector Innovation at the University of Chicago in partnership with NORC at the University of Chicago, an independent and non-partisan research […] 

Edwa

 

Edwa

 

This week's European Economic Experts Panel statements:

A) A wealth tax would be an effective way to reduce inequality.

B) A wealth tax in a form discussed in the UK (where individuals could be taxed a percentage of their net worth over £750,000, excluding any personal pension savings and their main home) would be an effective way to improve public finances after the Covid-19 crisis.

C) A public policy goal that could be accomplished with a well-enforced wealth tax could be accomplished at lower cost with modifications to existing taxes, such as income tax, capital gains tax, inheritance tax and property tax. 

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