Landais, Camille, Saez, Emmanuel and Zucman, Gabriel (2020) A progressive European wealth tax to fund the European COVID response. VoxEU.
Full text not available from this repository.Abstract
European governments have reacted swiftly to the COVID crisis and are now discussing ways to mutualise the cost of the epidemic. This column proposes the creation of a progressive, time-limited, European-wide progressive wealth tax assessed on the net worth of the top 1% richest individuals. If fighting COVID-19 requires issuing 10 points of EU GDP in Eurobonds (or a rescue fund worth 10 points of EU GDP), a progressive wealth tax would be enough to repay all this extra debt after ten years.
| Item Type: | Article |
|---|---|
| Official URL: | https://voxeu.org/ |
| Additional Information: | © 2020 The Authors |
| Divisions: | Economics |
| Subjects: | R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine H Social Sciences > HV Social pathology. Social and public welfare. Criminology |
| Date Deposited: | 07 May 2020 09:00 |
| Last Modified: | 15 Sep 2023 10:27 |
| URI: | http://eprints.lse.ac.uk/id/eprint/104265 |
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