This paper reviews capital taxation issues in Italy based on a comprehensive definition encompassing taxes on income … replacing the set of existing taxes on financial and real assets with a single net wealth tax …

This paper reviews capital taxation issues in Italy based on a comprehensive definition encompassing taxes on income … replacing the set of existing taxes on financial and real assets with a single net wealth tax …

Many researchers and policymakers have made strong arguments for broadening the taxes on wealth and its returns …. Although the theoretical literature on (optimal) wealth taxation is growing, there exists a large void in empirical research …. This paper addresses this void by analysing the redistributive and budgetary impact of wealth taxes in six European …

tax rates would be necessary to pay for such a scheme. The models are applied to both Italy and the United Kingdom. The … unrealistically high tax rates, especially for Italy. The impact on poverty and inequality of the HNIT scheme is markedly higher for … Italy in both scenarios suggesting that the United Kingdom has currently a social protection system in place that …