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A global progressive tax on individual net worth would offer the best solution to the world’s spiralling levels of inequality

Piketty, Thomas (2014) A global progressive tax on individual net worth would offer the best solution to the world’s spiralling levels of inequality. LSE American Politics and Policy (19 Apr 2014). Blog Entry.

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Abstract

The issue of inequality is one of the most salient in global politics. Thomas Piketty writes on the economic forces which have impacted upon inequality since the end of the First World War. He argues that with disparities in income and wealth rising substantially over recent decades, a global progressive tax on individual net worth would offer the best option for keeping inequality under control. He writes that although implementing such a tax would be a major challenge politically, it would be feasible if the EU and the United States, each accounting for around a quarter of world output, put their combined weight behind it.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2014 The Author; Online
Divisions: LSE
Subjects: D History General and Old World > D History (General) > D501 World War I
E History America > E11 America (General)
H Social Sciences > HB Economic Theory
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 08 Aug 2014 15:54
Last Modified: 19 Aug 2019 23:22
URI: http://eprints.lse.ac.uk/id/eprint/58817

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