Guides

Wealth tax: what it really is, why some like it, why it scares others

A tax on what we already own, bought with money that has already been taxed. In Italy we pay more of them than we think: IMU, car ownership tax, stamp duty on securities. The arguments for, the arguments against, what Spain, France, Switzerland and Norway do, and why the real answer is not one more tax but a new pact between the State and its citizens.