Taxing wealth: general principles, international perspectives and lessons for Brazil
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572021000100044 |
Resumo: | ABSTRACT The international debate on wealth taxation has been subject to renewed interest amid new proposals coming out of the US electoral cycle and the salience of wealth inequality. This article reviews the case for taxing wealth and its transfer across generations (wealth and inheritance taxes), analyzing their design from an international comparative perspective, and extracting lessons for Brazil. The long-debated “Tax on Large Fortunes” has never been implemented and the state-level “Tax on Inheritances” has been watered down over time. We propose a framework for the progressive implementation and reform of both taxes in the country. We argue, given the historical record and current research, that they are technically and administratively feasible propositions, notwithstanding important political economy considerations. |
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Taxing wealth: general principles, international perspectives and lessons for BrazilWealth taxinheritance taxinequalityABSTRACT The international debate on wealth taxation has been subject to renewed interest amid new proposals coming out of the US electoral cycle and the salience of wealth inequality. This article reviews the case for taxing wealth and its transfer across generations (wealth and inheritance taxes), analyzing their design from an international comparative perspective, and extracting lessons for Brazil. The long-debated “Tax on Large Fortunes” has never been implemented and the state-level “Tax on Inheritances” has been watered down over time. We propose a framework for the progressive implementation and reform of both taxes in the country. We argue, given the historical record and current research, that they are technically and administratively feasible propositions, notwithstanding important political economy considerations.Centro de Economia Política2021-03-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572021000100044Brazilian Journal of Political Economy v.41 n.1 2021reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572021-3131info:eu-repo/semantics/openAccessMORGAN,MARCCARVALHO JUNIOR,PEDROeng2021-02-03T00:00:00Zoai:scielo:S0101-31572021000100044Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2021-02-03T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
Taxing wealth: general principles, international perspectives and lessons for Brazil |
title |
Taxing wealth: general principles, international perspectives and lessons for Brazil |
spellingShingle |
Taxing wealth: general principles, international perspectives and lessons for Brazil MORGAN,MARC Wealth tax inheritance tax inequality |
title_short |
Taxing wealth: general principles, international perspectives and lessons for Brazil |
title_full |
Taxing wealth: general principles, international perspectives and lessons for Brazil |
title_fullStr |
Taxing wealth: general principles, international perspectives and lessons for Brazil |
title_full_unstemmed |
Taxing wealth: general principles, international perspectives and lessons for Brazil |
title_sort |
Taxing wealth: general principles, international perspectives and lessons for Brazil |
author |
MORGAN,MARC |
author_facet |
MORGAN,MARC CARVALHO JUNIOR,PEDRO |
author_role |
author |
author2 |
CARVALHO JUNIOR,PEDRO |
author2_role |
author |
dc.contributor.author.fl_str_mv |
MORGAN,MARC CARVALHO JUNIOR,PEDRO |
dc.subject.por.fl_str_mv |
Wealth tax inheritance tax inequality |
topic |
Wealth tax inheritance tax inequality |
description |
ABSTRACT The international debate on wealth taxation has been subject to renewed interest amid new proposals coming out of the US electoral cycle and the salience of wealth inequality. This article reviews the case for taxing wealth and its transfer across generations (wealth and inheritance taxes), analyzing their design from an international comparative perspective, and extracting lessons for Brazil. The long-debated “Tax on Large Fortunes” has never been implemented and the state-level “Tax on Inheritances” has been watered down over time. We propose a framework for the progressive implementation and reform of both taxes in the country. We argue, given the historical record and current research, that they are technically and administratively feasible propositions, notwithstanding important political economy considerations. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-03-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572021000100044 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572021000100044 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/0101-31572021-3131 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.41 n.1 2021 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
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1754122482524094464 |