Wealth Taxes in the Context of European Integration
and Globalization: a Reconsideration? Cover Image

Wealth Taxes in the Context of European Integration and Globalization: a Reconsideration?
Wealth Taxes in the Context of European Integration and Globalization: a Reconsideration?

Author(s): Elena Toma , Marius Frunză
Subject(s): Economy
Published by: Editura Universitară Danubius
Keywords: tax; redistribution of wealth; globalization; growth

Summary/Abstract: In the last decades, in some states, wealth taxes have been reconsidered. Amid the problems outlined, our paper aims to highlight states options on wealth taxes and to analyze the impact of reforms on wealth taxes in recent decades, in the member states of the European Union and the U.S., through the financial, economic and correcting inequalities role, played by taxes, in general,and taxes on wealth, in particular. Amid the rise of social inequalities, especially in the U.S., A second objective of our paper, adjacent to those already mentioned, is the analysis of the degree of reduction of social inequalities, through taxes on wealth in the countries concerned. By a survey in OECD member states, on the role of wealth tax, we find a series of opportunities and limits in the increase of their financial and redistributive role.

  • Issue Year: 7/2011
  • Issue No: 2
  • Page Range: 96-109
  • Page Count: 14
  • Language: English