What is an annual wealth tax? How can it help increase wealth equality? A wealth tax is an annual tax on a person’s net worth, which includes personal assets and ownerships. In the book Capital in the Twenty-First Century, Thomas Piketty says that a global wealth tax has many benefits, including the even distribution of economic resources. Continue reading for an overview of the proposed wealth tax.
Annual Wealth Tax: What Is It & How Would It Work?










