Why a return of the wealth tax would be harmful to the economy

In the great debate, we hear a lot of the vocal advocates of a return of the tax on wealth (ISF), and in particular the first of them, Thomas Piketty. One hears

Why a return of the wealth tax would be harmful to the economy

In the great debate, we hear a lot of the vocal advocates of a return of the tax on wealth (ISF), and in particular the first of them, Thomas Piketty. One hears less talk of the results of academic studies on the taxation of capital. However, contrary to the outputs of the economists in the media, this work shows quite clearly that taxing capital is harmful to the economy. Of course, inequality is increasing in our modern societies. Thomas Piketty has been widely documented, but his colleagues accused him of recommend a remedy - the taxation of the capital when he has no proof of its effectiveness or of its non-harmfulness in the economy.

" READ ALSO - ISF: why is it controversial?

economists are concerned about an issue on which they have not, until recently, knew the answer: what are the effects of the taxation of wealth on the supply of capital to an economy, in other words, its oxygen? For a long time they have ...

Date Of Update: 16 March 2019, 00:00
NEXT NEWS