PHIL2116 Lecture Notes - Lecture 6: Thomas Piketty, Double Taxation, Progressive Tax
Document Summary
I n heri t an c e t ax. Issues with the tax: people earn income and already pay tax. What about when people donate money to charity: small business companies that give back, arbitrariness. At point of death vs larger period of time. Part of what larger suite of taxes: the standard liberal argument for iht. Concerning recipients: equality of opportunity (cid:858)a(cid:272)(cid:272)o(cid:396)di(cid:374)g to pikett(cid:455), the ke(cid:455) (cid:448)a(cid:396)ia(cid:271)les a(cid:396)e the (cid:396)ate of e(cid:272)o(cid:374)o(cid:373)i(cid:272) g(cid:396)o(cid:449)th (cid:894)g(cid:895) a(cid:374)d the rate of return on capital (r). Some evidence [in white 2018 - supple(cid:373)e(cid:374)ta(cid:396)(cid:455) (cid:396)eadi(cid:374)gs] fa(cid:271)ia(cid:374) so(cid:272)iet(cid:455) Commission on taxation and citizenship, paying for progress: a new politics of tax for public spending (london: fabian society, 2000), p. 55, table 2. 5, reporting that (cid:1009)(cid:1005)% of those polled thought that (cid:858)(cid:374)o i(cid:374)he(cid:396)ita(cid:374)(cid:272)es should (cid:271)e ta(cid:454)ed(cid:859). Polls such as that conducted by the fabian society tend to show higher levels of opposition among less affluent socio-economic groups.
