Make the rich pay, the idea is recurrent in times of historical crisis and in the aftermath of wars. A group of British academics, notably from the London School of Economics, are examining this possibility without ignoring the difficulties.
due to Covid and tomorrow due to Brexit, ideas circulate at the speed of light between Great Britain and the Old Continent. So we have just received a report soberly titled “A wealth tax for the UK” (a wealth tax for the UK).
Written by three university experts belonging to prestigious institutions (London School of Economics, Warwick University, Institute for Fiscal Studies), the study examines the feasibility of a wealth tax in Great Britain. This taxation could be either annual or exceptional, therefore “one-off”, once and for all. This second option is clearly the most original, at least for French people who are passionate about the ISF, whether they pay it or not (remember that the IFI is a ISF reduced to real estate wealth alone).
An exceptional situation, an exceptional solution? The approach is certainly not new…