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...
Main Authors: | , , , , , |
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Format: | Journal article |
Language: | English |
Published: |
Cambridge University Press
2024
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