Concept information
Preferred term
wealth tax
Definition
- A WEALTH TAX IS a tax that is based on all assets and income owned by individuals. It is a progressive tax in that the more that individuals own, the more they contribute to the government to provide essential and nonessential services. [Source: Encyclopedia of World Poverty; Wealth Tax]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/wealth_tax
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}