Why is it so hard to counteract wealth inequality? Evidence from England and Wales

Taxing inheritance is an effective way of abating wealth inequality. Yet despite persistently high levels of wealth inequality, inheritance tax rates have declined significantly in recent decades. We argue that it is difficult to tax inherited wealth because, paradoxically, the people who have the s...

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Bibliographic Details
Main Authors: Elkjær, M, Ansell, B, Bokobza, L, Cansunar, A, Haslberger, M, Nyrup, J
Format: Working paper
Language:English
Published: 2022