How Far to Go in Reforming Taxation of Wealth: Revenue and Tax Avoidance
Tax Notes Federal, Volume 168, Number 7, August 17, 2020
13 Pages Posted: 21 Dec 2020
Date Written: August 17, 2020
The article describes the revenue estimates of incremental versus fundamental reform options for taxation of individual wealth, and explains how tax avoidance assumptions underlie the larger estimates for fundamental reform.
Keywords: tax, reform, wealth taxation, capital gains, mark-to-market taxation, accrual taxation
JEL Classification: D31, H20, H22, H24, H25, H26, H27, K34
Suggested Citation: Suggested Citation