Equitable Growth Group Finds Potential Wealth Tax Benefits

Washington Center for Equitable Growth

Lawmakers should consider a wealth tax as an alternative to taxing capital income because the wealth tax could improve productivity, economic growth, and welfare while reducing consumption inequality, according to an October report released by the Washington Center for Equitable Growth.

<p>Lawmakers should consider a wealth tax as an alternative to taxing capital income because the wealth tax could improve productivity, economic growth, and welfare while reducing consumption inequality, according to an October report released by the Washington Center for Equitable Growth.</p>