Für und Wider der Wiederbelebung der Vermögensteuer
Abstract
Abstract The debate on reintroducing a wealth tax in Germany has gained momentum amid calls for greater wealth equality and rising public financing needs. This article examines arguments for and against a wealth tax, focusing on its fiscal yield, redistributive effects, and legal as well as economic challenges. Empirical evidence suggests limited redistribution potential, high administrative costs, and significant efficiency losses. Furthermore, constitutional constraints pose additional barriers. Alternative measures—such as reforming inheritance or capital income taxation and promoting wealth accumulation—may prove more effective. The analysis concludes that a wealth tax is only marginally suitable as an instrument for achieving fiscal and distributive goals.
Fields of Study & Subjects
Corporate Taxation and Avoidance
German Economic Analysis & Policies
Fiscal Policy and Economic Growth
Publication details
- Journal / source
- Wirtschaftsdienst
- Publisher
- Walter de Gruyter GmbH
- Volume
- 106
- Issue
- 1
- Pages
- 47–52
- Publication date
- 1 January 2026
- Language
- EN