Can Failed Taxes Be Revived through Modest Innovation?

New
Journal
Author
Báez Moreno, A.
Country
International; OECD
Published Date
Issue
Bulletin for International Taxation 2026 (Volume 80), No. 4/5
FormatPDF
EUR
45
| USD
50 (VAT excl.)

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.