How is the tax base defined for a comprehensive wealth tax? What are some of the problems

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How is the tax base defined for a comprehensive wealth tax? What are some of the problems associated with measuring wealth? Why would inclusion of the assets of corporations and outstanding corporate stock double-count the wealth of corporations?

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Public Finance A Contemporary Application Of Theory To Policy

ISBN: 9780538754460

10th Edition

Authors: David N Hyman

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Question Posted: Aug 15, 2023 02:29 PM

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How is the tax base defined for a comprehensive wealth tax? What are some of the problems

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A comprehensive wealth tax is a tax levied on an individuals or households net wealth which includes all their assets minus their liabilities The tax base for a wealth tax is the total value of an ind...View the full answer

Public Finance A Contemporary Application Of Theory To Policy

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