https://www.taxtmi.com/article/detailed?id=2029 Wealth tax is proposed as an annual levy treated as a cost of holding, carrying and benefiting from asset appreciation, with asset group specific and inflation linked exemptions so that only wealth above reasonable thresholds is taxed at modest recurring rates; this approach aims to provide steady revenue, reduce inheritance liquidity burdens compared with estate duty, and mitigate wealth inequality while recognising enforcement and valuation challenges. en-us Tue, 12 Feb 2013 10:18:13 +0530 Tue, 12 Feb 2013 10:18:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2029 Wealth tax is proposed as an annual levy treated as a cost of holding, carrying and benefiting from asset appreciation, with asset group specific and inflation linked exemptions so that only wealth above reasonable thresholds is taxed at modest recurring rates; this approach aims to provide steady revenue, reduce inheritance liquidity burdens compared with estate duty, and mitigate wealth inequality while recognising enforcement and valuation challenges. Articles Wealth Tax Tue, 12 Feb 2013 10:18:13 +0530 https://www.taxtmi.com/article/detailed?id=2029