Why is it so hard to counteract wealth inequality? Evidence from the United Kingdom

Despite high and rising levels of wealth inequality, many advanced democracies have cut taxes on inherited wealth in recent decades. To explain this puzzle, we argue that taxing inherited wealth is politically difficult because, paradoxically, the people who have the strongest material interest in h...

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Bibliographic Details
Main Authors: Elkjaer, M, Ansell, B, Bokobza, L, Cansunar, A, Haslberger, M, Nyrup, J
Format: Journal article
Language:English
Published: Cambridge University Press 2024