This report presents a proposal for an internationally coordinated standard ensuring an effective taxation of ultra-high-net-worth individuals. In the baseline proposal, individuals with more than $1 billion in wealth would be required to pay a minimum amount of tax annually, equal to 2% of their we...
Rise of 10.6% Is the Highest Annual Rate in More Than a Decade, Creating $26 Trillion in New Private Wealth, but Digital Leaders Threaten Traditional Players’ Dominance, According to a New BCG Report.
Link: Boston Consulting Group.
Bruckner et al. show that carbon footprints can reach several hundred tons of CO2 per year, while the majority of people living below poverty lines have yearly carbon footprints of less than 1 tCO2. Lifting more than one billion people out of poverty, leads to only small relative increases in global...
Why is it so difficult to tax the rich? Evidence from German policy makers
Why are rich citizens not taxed more heavily – despite growing inequality (aversion)? The literature offers several explanations, all of which ultimately work through the minds and actions of politicians. Taking Germany as...
Millionaires under the Microscope: Data Gap on Top Wealth Holders Closed: Wealth Concentration Higher than Presumed.
Millionaires have so far been underrepresented in population surveys, so little is known about them and the precise concentration of wealth in Germany.
Link: DIW Weekly Report.
Does economic globalisation affect income inequality? A meta-analysis
A large volume of econometric literature has studied the impact of economic globalisation on income inequality around the world. However, reported econometric estimates vary substantially, which makes it difficult to draw valid...