Taxing wealth by taxing investment income: An introduction to mark-to-market taxation

Overview The sharp increase in U.S. wealth inequality in recent decades has spurred interest in increasing taxes on wealth. This issue brief introduces mark-to-market taxation, one approach to raising taxes on wealth by reforming the taxation of investment income.1 In a system of mark-to-market taxation, investors pay tax on the increase in the value of … Continue reading Taxing wealth by taxing investment income: An introduction to mark-to-market taxation