Wealth Tax
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High Quality Content by WIKIPEDIA articles! A wealth tax is generally conceived of as a levy based on the aggregate value of all household holdings actually accumulated as purchasing power stock (rather than flow), including owner-occupied housing; cash, bank deposits, money funds, and savings in insurance and pension plans; investment in real estate and unincorporated businesses; and corporate stock, financial securities, and personal trusts. One's wealth is the present value of income flow obtained in the future by him or her, identical to impose tax on both wealth and income obtained in the…mehr

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High Quality Content by WIKIPEDIA articles! A wealth tax is generally conceived of as a levy based on the aggregate value of all household holdings actually accumulated as purchasing power stock (rather than flow), including owner-occupied housing; cash, bank deposits, money funds, and savings in insurance and pension plans; investment in real estate and unincorporated businesses; and corporate stock, financial securities, and personal trusts. One's wealth is the present value of income flow obtained in the future by him or her, identical to impose tax on both wealth and income obtained in the future. Wealth tax and income one are not different from each other regarding this principle of wealth taxation.