Talk:Wealth tax

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Why does this get a page? It's not even a thing, there's no such thing as a "wealth" tax, it's just a made up campaign term

This is explained on the first line: Because of the broad term "wealth", property tax, capital transfer taxes (inheritance tax, gift tax), endowment tax and capital gains taxes are sometimes referred to as "wealth taxes".

[edit] Apparent problem in article

There's an apparent problem with the math here. Unfortunately I can't read French, so can't verify one of the numbers, but hopefully someone else can.

To quote from the article "Wealth_tax":

"...in no place where this kind of tax is in place does it contribute to more than 0.3% of the total tax intake ([1])."

and

"France. In 2003 out of €786 billion "general government" receipts, €174 billion was collected on "income and wealth". No further breakout is disclosed. Data is from the Institut National de la Statistique et des Etudes Economiques."

€174 billion out of €786 billion is 22% - however "general government receipts" might not (probably does not) mean the same as "total tax intake". A clarification of the two would be useful.

[edit] Re: Problem with article

Also, it specifies "Income and Wealth", so (presumably) the bulk of that amount is made up from income tax and not wealth. I can read basic French, but I'm not proficient enough to want to stake figures and information from it in an encylopaedia. —The preceding unsigned comment was added by 134.7.248.129 (talk) 03:29, 28 February 2007 (UTC).