Taxes

As the story goes, there are no free rides. The costs of each journey must necessarily be borne by someone. They can be broken down into three categories: the monetary…

Introduction The UK Budget papers of November 2025 acknowledge the funding models through which the government plans to increase the liabilities of UK taxpayers, beyond the government borrowing the money…

Taxes and tariffs are—unsurprisingly—a major topic for economists. On one hand, they generate huge inefficiencies, deadweight losses, and perverse incentives; on the other hand, they reveal the fascinating creativity with…

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…

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…

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…

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…

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…