This article critically examines whether recent proposals for net wealth taxes genuinely overcome the well-documented failures of traditional wealth taxes.
This article critically examines whether recent proposals for net wealth taxes genuinely overcome the well-documented failures of traditional wealth taxes. While acknowledging changing economic and transparency conditions, it questions optimistic claims that “this time is different”, arguing that many design and administrative problems may be structural and could generate new practical and legal challenges.
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Andrés Báez Moreno (2026) studied this question.
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