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179

Progressive Taxation

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terms
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notes

B. Atkinson, A. (2015). Progressive Taxation. In B. Atkinson, A. Inequality: What Can Be Done?. Harvard University Press, pp. 179-204

196

[...] people are taxed on the amount received rather than the amount left, as happens under the current system. [...] With a progressive rate structure, this switch would provide a direct incentive to spread wealth more widely. People could pass on their wealth tax free if it were transferred to people who have received little so far in lifetime receipts. In this way, it could contribute to reducing both gender inequality and inequality across generations. More important, the new tax would be patently directed at seeking to secure a more level playing field and thus contributing to reducing inequality of opportunity [...]

a proposal for a fairer inheritance tax that would decrease inequality

—p.196 by Anthony B. Atkinson 3 years, 5 months ago

[...] people are taxed on the amount received rather than the amount left, as happens under the current system. [...] With a progressive rate structure, this switch would provide a direct incentive to spread wealth more widely. People could pass on their wealth tax free if it were transferred to people who have received little so far in lifetime receipts. In this way, it could contribute to reducing both gender inequality and inequality across generations. More important, the new tax would be patently directed at seeking to secure a more level playing field and thus contributing to reducing inequality of opportunity [...]

a proposal for a fairer inheritance tax that would decrease inequality

—p.196 by Anthony B. Atkinson 3 years, 5 months ago
198

[...] in the case of valuable properties there should be provision for payment in the form of equity participation in the value of the house. Such a provision would help, for example, pensioners living in a valuable house who have a relatively small cash income. [...]

in a paragraph proposing property tax be more proportional (right now it's not at all)

I mostly like the idea because it's more patalable than my significantly more radical version (basically, throw these people out of their houses) but it's a step in the same direction.

—p.198 by Anthony B. Atkinson 3 years, 5 months ago

[...] in the case of valuable properties there should be provision for payment in the form of equity participation in the value of the house. Such a provision would help, for example, pensioners living in a valuable house who have a relatively small cash income. [...]

in a paragraph proposing property tax be more proportional (right now it's not at all)

I mostly like the idea because it's more patalable than my significantly more radical version (basically, throw these people out of their houses) but it's a step in the same direction.

—p.198 by Anthony B. Atkinson 3 years, 5 months ago