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The Return of Wealth Taxes

After decades of retreat, wealth taxes are making a comeback. Once common across advanced economies, net wealth taxes nearly disappeared by 2020—surviving in only a handful of countries. Today, however, shifting political priorities, fiscal pressure, and rising inequality are driving a renewed global debate.This episode explores why wealth taxes are returning, how they are being redesigned, and what the evidence says about their impact.🔎 The Big PictureWealth taxes—direct levies on an individual’s net assets—peaked in the 1990s, when 12 OECD countries applied them. By 2020, only Norway…

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