TY  - CHAP
AB  - Abstract It is well known that taxes on the transfer of wealth typically raise very little revenue. However, this does not mean that they are ineffective as tools for redistribution. In this chapter, we show how important such taxes can be in the long-run distribution of wealth, reducing equilibrium inequality (the “predistribution” effect) by a much larger amount than what is apparent in terms of the immediate impact of the tax (the “redistribution” effect).
VL  - 26
SN  - 978-1-78756-458-9, 978-1-78756-457-2/1049-2585
DO  - 10.1108/S1049-258520180000026002
UR  - https://doi.org/10.1108/S1049-258520180000026002
AU  - Cowell Frank A.
AU  - Van de gaer Dirk
AU  - He Chang
ED  - John A. Bishop
ED  - Juan Gabriel Rodríguez
PY  - 2018
Y1  - 2018/01/01
TI  - Inheritance Taxation: Redistribution and Predistribution
T2  - Inequality, Taxation and Intergenerational Transmission
T3  - Research on Economic Inequality
PB  - Emerald Publishing Limited
SP  - 1
EP  - 13
Y2  - 2024/04/25
ER  -