This report presents a proposal for an internationally coordinated standard ensuring an effective taxation of ultra-high-net-worth individuals. In the baseline proposal, individuals with more than $1 billion in wealth would be required to pay a minimum amount of tax annually, equal to 2% of their we...

Why is it so difficult to tax the rich? Evidence from German policy makers

Why are rich citizens not taxed more heavily – despite growing inequality (aversion)? The literature offers several explanations, all of which ultimately work through the minds and actions of politicians. Taking Germany as...

Millionaires under the Microscope: Data Gap on Top Wealth Holders Closed: Wealth Concentration Higher than Presumed.

Millionaires have so far been underrepresented in population surveys, so little is known about them and the precise concentration of wealth in Germany.

Link: DIW Weekly Report.

Does economic globalisation affect income inequality? A meta-analysis

A large volume of econometric literature has studied the impact of economic globalisation on income inequality around the world. However, reported econometric estimates vary substantially, which makes it difficult to draw valid...

What would a sustainable, universally beneficial economy look like? "Like a doughnut," says Oxford economist Kate Raworth. In a stellar, eye-opening talk, she explains how we can move countries out of the hole -- where people are falling short on life's essentials -- and create regenerative, distrib...