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Meaning of "wealth tax" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF WEALTH TAX

wealth tax play
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GRAMMATICAL CATEGORY OF WEALTH TAX

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Wealth tax is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES WEALTH TAX MEAN IN ENGLISH?

Wealth tax

A wealth tax is generally conceived of as a levy based on the aggregate value of all household assets, including owner-occupied housing; cash, bank deposits, money funds, and savings in insurance and pension plans; investment in real estate and unincorporated businesses; and corporate stock, financial securities, and personal trusts. A wealth tax is a tax on the accumulated stock of purchasing power, in contrast to income tax, which is a tax on the flow of assets.

Definition of wealth tax in the English dictionary

The definition of wealth tax in the dictionary is a tax on personal property; capital levy.

WORDS THAT BEGIN LIKE WEALTH TAX

weakliness
weakling
weakly
weakness
weakon
weakside
weal
weald
wealsman
wealth
wealthier
wealthiest
wealthily
wealthiness
wealthless
wealthy
wean
weanel
weaner
weaning

WORDS THAT END LIKE WEALTH TAX

capital gains tax
carbon tax
council tax
death tax
departure tax
excise tax
green tax
income tax
inheritance tax
land tax
payroll tax
profits tax
property tax
purchase tax
road tax
sales tax
stealth tax
transfer tax
value-added tax
withholding tax

Synonyms and antonyms of wealth tax in the English dictionary of synonyms

SYNONYMS

Translation of «wealth tax» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF WEALTH TAX

Find out the translation of wealth tax to 25 languages with our English multilingual translator.
The translations of wealth tax from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «wealth tax» in English.

Translator English - Chinese

财富税
1,325 millions of speakers

Translator English - Spanish

impuesto sobre el Patrimonio
570 millions of speakers

English

wealth tax
510 millions of speakers

Translator English - Hindi

संपत्ति कर
380 millions of speakers
ar

Translator English - Arabic

ضريبة الثروة
280 millions of speakers

Translator English - Russian

налог на имущество
278 millions of speakers

Translator English - Portuguese

imposto sobre a fortuna
270 millions of speakers

Translator English - Bengali

সম্পদ কর
260 millions of speakers

Translator English - French

impôt sur la fortune
220 millions of speakers

Translator English - Malay

Cukai kekayaan
190 millions of speakers

Translator English - German

Vermögenssteuer
180 millions of speakers

Translator English - Japanese

富裕税
130 millions of speakers

Translator English - Korean

재산 세금
85 millions of speakers

Translator English - Javanese

Kekayaan pajak
85 millions of speakers
vi

Translator English - Vietnamese

thuế tài sản
80 millions of speakers

Translator English - Tamil

செல்வம் வரி
75 millions of speakers

Translator English - Marathi

संपत्ती कर
75 millions of speakers

Translator English - Turkish

servet vergisi
70 millions of speakers

Translator English - Italian

imposta patrimoniale
65 millions of speakers

Translator English - Polish

podatek od majątku
50 millions of speakers

Translator English - Ukrainian

податок на майно
40 millions of speakers

Translator English - Romanian

impozitul pe avere
30 millions of speakers
el

Translator English - Greek

φόρο περιουσίας
15 millions of speakers
af

Translator English - Afrikaans

rykdom belasting
14 millions of speakers
sv

Translator English - Swedish

förmögenhetsskatt
10 millions of speakers
no

Translator English - Norwegian

formuesskatt
5 millions of speakers

Trends of use of wealth tax

TRENDS

TENDENCIES OF USE OF THE TERM «WEALTH TAX»

The term «wealth tax» is regularly used and occupies the 56.171 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
74
/100
The map shown above gives the frequency of use of the term «wealth tax» in the different countries.
Principal search tendencies and common uses of wealth tax
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «wealth tax».

FREQUENCY OF USE OF THE TERM «WEALTH TAX» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «wealth tax» during the past 500 years. Its implementation is based on analysing how often the term «wealth tax» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about wealth tax

EXAMPLES

10 ENGLISH BOOKS RELATING TO «WEALTH TAX»

Discover the use of wealth tax in the following bibliographical selection. Books relating to wealth tax and brief extracts from same to provide context of its use in English literature.
1
Inheritance and Wealth Tax Aspects of Emigration and ...
countries discussions concerning measures for eliminating net wealth tax in the future have been held.3 3. Justifications for net wealth tax4 In general a wealth tax is usually justified on social and political grounds rather than on revenue ...
‎2003
2
The Taxation of Income from Business and Capital in Colombia
(The appropriate design of the net wealth tax under the Simplified Alternative Tax is discussed in Chapter 9.) Issues concerning inflation adjustment of the net wealth base are discussed in Chapter 7. The role and design of presumptive income ...
‎1990
3
Direct Taxes
Wealth tax is an annual tax. Subject to other provisions of the Act, it is charged for every assessment year in respect of net wealth on the corresponding valuation date. The first assessment year begins from 1 April 1957. It is payable only by (i) ...
Lal, 2008
4
Public Finance
A comprehensive wealth tax is one that would be levied on all forms of capital and land at a flat rate. Because capital and land represent assets that yield flows of productive services over time, a general wealth tax can be thought of as being  ...
David Hyman, 2010
5
Comparative Tax Law
9.2 WEALTH TAXES 9.2.1 NET WEALTH TAXES Net wealth tax can be distinguished from property taxes in that property taxes are imposed on the gross amount of property, without reduction for debts, and usually are imposed only on certain ...
Victor Thuronyi, 2003
6
OECD Economic Surveys: Norway 2002
Municipalities also levy a net wealth tax on the value of the taxpayer's net assets. The maximum rate and the tax base are decided by the Parliament. Similar to the tax on net income, municipalities all use the maximum rate for the net wealth ...
OECD, 2002
7
Business Environment, 2/E
This exemption will come into effect from March 1, 2008. WEALTH TAX Wealth tax is levied on non-productive assets whose value exceeds Rs 1.5 mn. Productive assets like shares, debentures, bank deposits, and investments in mutual funds ...
Saleem Shaikh, 2010
8
Investing and Tax Saving for NRI Made Easy:
The last date of filing the Wealth tax Return is exactly the same as that of Incometax Return. Generally, the NonResident Indian is supposed to file his Incometax Return by 31st July. Hence, even the Wealth tax Return is tobe filed by thisdate.
Subhash Lakhotia
9
Wealth Management: Private Banking, Investment Decisions, ...
In Sweden, most of the richer people who care to take proper tax advice usually find ways to get around the wealth tax, often by taking on loans or adjusting their portfolios of equities at the right moment. As a result, it is usually the less wealthy  ...
Dimitris N. Chorafas, 2011
10
OECD Tax Policy Studies Taxation of Capital Gains of ...
An immediate implication is that the introduction of a wealth tax, or an increase in the wealth tax rate, involves a parallel shift in the portfolio allocation line, analogous to the impact of a reduction in initial wealth. As illustrated above with ...
OECD, 2006

10 NEWS ITEMS WHICH INCLUDE THE TERM «WEALTH TAX»

Find out what the national and international press are talking about and how the term wealth tax is used in the context of the following news items.
1
Election 2015: Greens would introduce 60% tax rate
The Greens have also proposed a "wealth tax" which would be 2% a year levied on people with assets of more than £3m which, Ms Bennett claimed, could bring ... «BBC News, Apr 15»
2
Why the middle class is still getting snared by the 'wealth tax'
You may vaguely recall that in 2012 Congress "fixed" the Alternative Minimum Tax -- or what the Tax Policy Center dubbed "the epitome of pointless complexity.". «CNNMoney, Apr 15»
3
Budget 2015: Wealth tax abolished; extra 2% surcharge on super rich
NEW DELHI: Asking rich and wealthy to pay higher tax, Finance Minister Arun Jaitley today abolished the wealth tax but increased the surcharge to 12 per cent ... «Times of India, Feb 15»
4
Toward a Progressive Tax Policy
Piketty describes his own global wealth tax idea as more of a "useful utopia" than a practical policy suggestion. Is there anything more plausible that can be done ... «Bloomberg View, Jun 14»
5
Thomas Piketty and the economics of inequality
Wealth inequality can make people discouraged about the economic system, ... high income earners, including a wealth tax as a means of spreading the wealth. «CBC.ca, May 14»
6
Piketty's Wealth Tax Isn't a Joke
On equity and efficiency grounds, it makes sense to tax wealth. The practicalities, though, are daunting. Flight to low-tax jurisdictions -- the rationale for making a ... «Bloomberg View, May 14»
7
Will 80% Income Taxes and a New 10% Wealth Tax Fix Our …
The economist offering this “solution” has been feted by the Obama White House economic staff, the International Monetary Fund, and by many of the people ... «Town Hall, May 14»
8
Piketty's Wealth Tax Would Require A Constitutional Amendment In …
Many thanks to commenter Jeff_S here at Forbes for pointing out that Piketty's proposed wealth tax to solve the ills of unconstrained inequality would actually ... «Forbes, Apr 14»
9
What Would the World Look Like with Piketty's Global Tax on Wealth?
A wealth tax could affect the economy in many ways, but it's hard to be certain about how. The limited evidence we have comes from those few countries with ... «The New Republic, Apr 14»
10
Is a global wealth tax the key to reducing income inequality?
Does 39.6 percent, which is today's top marginal tax rate, sound like the optimal top marginal tax rate to you? No? How about 80 percent? Not that either? Well ... «Washington Post, Apr 14»

REFERENCE
« EDUCALINGO. Wealth tax [online]. Available <https://educalingo.com/en/dic-en/wealth-tax>. Apr 2024 ».
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