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Download The How and Why of a Tax on Wealth fb2

by M. Maxwell Spencer
Download The How and Why of a Tax on Wealth fb2
Taxation
  • Author:
    M. Maxwell Spencer
  • ISBN:
    0882479113
  • ISBN13:
    978-0882479118
  • Genre:
  • Publisher:
    R & E Pub (March 1, 1992)
  • Pages:
    172 pages
  • Subcategory:
    Taxation
  • Language:
  • FB2 format
    1372 kb
  • ePUB format
    1841 kb
  • DJVU format
    1312 kb
  • Rating:
    4.1
  • Votes:
    246
  • Formats:
    mobi azw docx txt


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by M. Select Format: Paperback. ISBN13:9780882479118.

Now it has been adopted by an American presidential candidate, Senator Elizabeth Warren, who could conceivably win the White House in 2020

Most everyone agrees that a highly simplified two-factor model of how the economy works is not accurate, but the extent to which a wealth tax appears even remotely attractive will hinge on whether you think it’s a decent approximation of the real world or a wild fantasy cooked-up to serve the self-interest of plutocrats. Zucman is the author of a 2015 book on tax dodging, The Hidden Wealth of Nations, so he is well aware of the tax avoidance issues.

Spencer, M. Maxwell (Martin Maxwell). Publication, Distribution, et. Saratoga, Calif.

The main pro of a wealth tax is it would affect those that make no or little income, yet are fabulously wealthy. Wealth is generally more stable over time, and a better correlator to financial success and stability. It's funny how many object in principle to such a thing, but many, if not most Americans pay a wealth tax already- it's called a property tax. The second pro is that at least in theory, a wealth tax will be more fair, because it's calculated on what you have, and not what you earn. There are several cons.

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John Cassidy writes on Elizabeth Warren’s wealth-tax proposal, the . Prior to publishing the book, he did have a lunch meeting with Bill Bradley, the Democratic senator from New Jersey, where they discussed.

John Cassidy writes on Elizabeth Warren’s wealth-tax proposal, the economist Edward Wolff, and various ideas for reforming the existing tax system. To address this disparity, Wolff called for the introduction of an annual tax on wealth. Aware that this might be considered a radical idea, he kept his proposed tax rates at pretty low levels. Prior to publishing the book, he did have a lunch meeting with Bill Bradley, the Democratic senator from New Jersey, where they discussed the idea, but that was as far as it went. He sounded enthusiastic at the lunch, but when push came to shove he walked away, Wolff recalled when I spoke with him earlier this week.

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