Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Kenners antwoord luisteraarsvrae

Boela du Preez, welvaartbestuurder by Kruger Internasionaal, en Mia Kriegler, direkteur van batebestuur by Kruger Internasionaal, beantwoord luisteraars se vrae oor sake wat hul sakke raak.

Supply is elastic, installment #1637

For taxes too: Using administrative data from Scandinavian countries, we provide evidence on international migration responses to wealth taxes and evaluate their aggregate economic implications.

  • 1 percentage point wealth tax increase reduces wealthy taxpayers by 2%
  • Potential 0.02% employment reduction for affected businesses
  • 0.07% decrease in investments and 0.10% drop in value added

More from Friday 2 October →