Wealth tax – pros and cons

Another of Martin Sandbu’s ‘Free Lunch on Film’ videos from the FT. This one looks at the pros and cons of a wealth tax. A well-designed net wealth tax can raise revenue and tackle inequality but critics say a wealth tax is hard to value, unfair to savers and inefficient. Well worth a look.

For more on Inequality view the key notes (accompanied by fully coloured diagrams/models) on elearneconomics that will assist students to understand concepts and terms for external examinations, assignments or topic tests.