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Does the financial crisis create opportunities for wealth taxation?

Prabhakar, Rajiv (2012). Does the financial crisis create opportunities for wealth taxation? In: Erreygers, Guido and Cunliffe, John eds. Inherited Wealth, Justice and Equality. Routledge Frontiers of Political Economy (165). Abingdon: Routledge, pp. 141–153.

URL: http://www.routledge.com/books/details/97804155169...
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Abstract

The economic recession has slowed efforts to weaken inheritance taxation in the UK. Political debates about cuts in government spending mean that cutting inheritance taxation is not seen as a priority. However, can present conditions create a positive case for wealth taxes? This chapter examines the ways that the recession might provide arguments for wealth taxation. A house price bubble is usually seen as one of the root causes of the crisis. This might support arguments about a form of land tax. Wealth taxes might also fit into a rethinking of economic policy.

Item Type: Book Section
Copyright Holders: 2013 The Author, 2013 The Editors (selection and editorial material)
ISBN: 0-415-51692-7, 978-0-415-51692-1
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies > Economics
Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
Faculty of Arts and Social Sciences (FASS)
Research Group: Innovation, Knowledge & Development research centre (IKD)
Item ID: 36691
Depositing User: Rajiv Prabhakar
Date Deposited: 26 Feb 2013 16:17
Last Modified: 06 Aug 2019 08:44
URI: http://oro.open.ac.uk/id/eprint/36691
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