“(which did not exist before the creation of the income tax in 1913)” — Thomas Piketty Copy Share Image
What I argue for is a progressive tax, a global tax, based on the taxation of private property. — Thomas Piketty Copy Share Image
“When it comes to decreasing inequalities of wealth for good or reducing unusually high levels of public debt, a progressive tax on… — Thomas Piketty Copy Share Image
“The right solution is a progressive annual tax on capital. This will make it possible to avoid an endless inegalitarian spiral while… — Thomas Piketty Copy Share Image
One way to have broader access to wealth is to reduce the tax on the large group and increase the tax on… — Thomas Piketty Copy Share Image
The United States could transform its property tax system into a progressive tax on net worth without asking permission to the rest… — Thomas Piketty Copy Share Image
“the decrease in the top marginal income tax rate led to an explosion of very high incomes, which then increased the political… — Thomas Piketty Copy Share Image
“According to our estimates, the optimal top tax rate in the developed countries is probably above 80 percent.50 Do not be misled… — Thomas Piketty Copy Share Image
“In the United States, the Supreme Court blocked several attempts to levy a federal income tax in the late nineteenth and early… — Thomas Piketty Copy Share Image
It's not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries. — Thomas Piketty Copy Share Image
“US inequality in 2010 is quantitatively as extreme as in old Europe in the first decade of the twentieth century, but the structure of… — Thomas Piketty Copy Share Image
Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers. — Thomas Piketty Copy Share Image
The United States could transform its property tax system into a progressive tax on net worth without asking permission to the rest of the… — Thomas Piketty Copy Share Image
“When it comes to decreasing inequalities of wealth for good or reducing unusually high levels of public debt, a progressive tax on capital is… — Thomas Piketty Copy Share Image
“In other words, low growth cannot adequately counterbalance the Marxist principle of infinite accumulation: the resulting equilibrium is not as apocalyptic as the one… — Thomas Piketty Copy Share Image
“I belong to a generation that came of age listening to news of the collapse of the Communist dicatorships and never felt the slightest… — Thomas Piketty Copy Share Image
When you are an entrepreneur, you have founded your own firm, it is so easy to find that you exist - you are the… — Thomas Piketty Copy Share Image
There is one great advantage to being an academic economist in France: here, economists are not highly respected in the academic and intellectual world… — Thomas Piketty Copy Share Image
Without precisely defined sources, methods, and concepts, it is possible to see absolutely everything and its opposite. — Thomas Piketty Copy Share Image
“the population of the world grew at an average annual rate of barely 0.8 percent between 1700 and 2012.” — Thomas Piketty Copy Share Image
“The sharp reduction in income inequality that we observe in almost all the rich countries between 1914 and 1945 was due above all to… — Thomas Piketty Copy Share Image
“Progress in medicine together with improved living conditions has therefore, it is argued, totally transformed the very essence of capital.” — Thomas Piketty Copy Share Image
“the decrease in the top marginal income tax rate led to an explosion of very high incomes, which then increased the political influence of… — Thomas Piketty Copy Share Image
