Author: James Brumby, Director of Governance Global Practice, World Bank, and Michael Keen, Deputy Director of the Fiscal Affairs Department, IMF

Blog: Taxing Wealth: Going after the Big Money

by James Brumby, Director of Governance Global Practice, World Bank, and Michael Keen, Deputy Director of the Fiscal Affairs Department, IMF

High and rising income inequality is a serious concern in many countries, as highlighted in the IMF’s recent Fiscal Monitor. Wealth, however, is distributed even more unequally than income, as in the picture below. Although Thomas Piketty has famously proposed a coordinated global wealth tax of [...]

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