New study by Chris Edwards on taxing wealth and capital income. Some proposals to represent users on Facebook’s board.

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August 2, 2019

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Taxing Wealth and Capital Income

Taxing the wealthy is a hot issue among Democratic candidates for president. Sen. Elizabeth Warren (D-MA) is proposing an annual wealth tax on the richest households, while other candidates are proposing higher taxes on incomes, estates, capital gains, and corporations. Yet, these proposals run counter to the international trend of declining tax rates on capital income and wealth. The number of European countries with a Warren-style wealth tax has fallen from 12 in 1990 to just 3 today. In a new study ([link removed] ) , Cato scholar Chris Edwards ([link removed] ) discusses why targeting wealth for higher taxation is misguided, and argues that the best approach would be a consumption-based tax system. Such a system would tax capital income but in a simpler way that does not stifle investment and economic growth.

- “Taxing Wealth and Capital Income ([link removed] ) ,” by Chris Edwards
- “Why Europe Axed Its Wealth Taxes ([link removed] ) ,” by Chris Edwards
- “How Would You Tax Wealth? ([link removed] ) ” Cato Daily Podcast featured Michael D. Tanner

Social Media on Phone ([link removed] )

Some Proposals to Represent Users on Facebook’s Board ([link removed] )

Could user representation help develop better moderation policies?

- “Some Proposals to Represent Users on Facebook’s Board ([link removed] ) ,” by John Samples

MULTIMEDIA

Power Problems Podcast ([link removed] )

Power Problems Live! The Kennan Sweepstakes ([link removed] )

In a special live episode of Power Problems, Emma Ashford chats with Heather Hurlburt of New America about ongoing debates on the future of U.S. grand strategy.

- Podcast: “Power Problems Live! The Kennan Sweepstakes ([link removed] ) ,” featuring Heather Hurlburt, Emma Ashford, and A. Trevor Thrall

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