Peter Martin, Crawford School of Public Policy, Australian National University
Asked to choose the fairest ways to raise billions, half of the economists backed introducing inheritance taxes. Around a third chose winding back super tax concessions and increased resource taxes.
Canada is the only G7 country that doesn’t have an inheritance tax. A new report says that should change. The idea of sharing the wealth from one generation to another is not new.
An April 2017 survey explored Americans’ opinions about government intervention and welfare policies. It found that on average, they want more from their government, but are highly polarised.
Over the last nine years, more money has been spent on Picasso than on any other artist. How much does Picasso’s granddaughter stand to earn? And why are some in the art world concerned?
No one likes tax but inheritance tax (or “death tax”) is the focus of particular moral outrage. On the face of it, this is odd. The reason tax is disliked is because it reduces the money you can spend…