For centuries, Britain stood as a magnet for global wealth. London’s financial markets, trusted legal system, and cosmopolitan culture attracted the world’s wealthy, fueling investment, innovation, and growth. But that…
Taxes
Why do people oppose wealth taxes? Some new data offer some insights.
Wealth taxes are present in most European countries, but they still form a relatively small share of tax revenues. Indeed, politicians keep referring to wealth as a fat tax base…
Ireland’s siphoning off of GDP and tax revenues makes a mockery of the EU Single Market
Introduction The ‘Celtic Paper Tiger’ is that part of economy tied up with servicing foreign multinationals and reducing their tax bills. It represents 65% of the Republic of Ireland’s economy,1it…
How (not) to regulate gambling
In many countries, there is a demand for regulation of gambling, as gambling is considered a vice with potentially harmful consequences. However, regulating gambling and similar goods is somewhat problematic.…
Wealth taxes have played a minor role in the tax systems of the OECD bloc: they have declined from about 7.9% of total tax revenues in the mid-1960s to about…
The bridge between Sicily and the Italian mainland is probably the longest living project in the world. According to some historians, it dates back to the Romans. The idea had…
Do people really dislike wealth taxes more than other types of taxes? Evidence from a survey-experiment representative of the Italian population
WP 2023-02. Executive Summary We designed a Survey Experiment (SE) to study the attitudes of the Italians towards wealth, income and consumptions taxes. In particular, we interviewed a sample of…
This time is not about the size, shape and texture of peas or plums. It’s about one of the main economic sector in the EU: about 13 million Europeans work…
WP 2023-01. Executive Summary Today’s views and analyses about taxation are dominated by the social-welfare approach based on various categories of utilitarianism, most notably those developed by the optimal-tax literature.…
Modern states carry out intense redistribution. In brief, they modify the holdings of particular persons, collective agents or groups. Tax-transfers and public expenditure are an important tool through which redistribution…

