Share this entry
wealth tax Line breaks: wealth tax

Definition of wealth tax in English:


A tax levied on personal capital: an increase in wealth tax [count noun]: an immediate objective should be the introduction of a wealth tax
More example sentences
  • There is no capital gains tax, sales tax or VAT, inheritance tax or wealth tax on the Rock.
  • A White Paper published in February 1974 proposed a capital gains tax of 35 per cent and an annual wealth tax on estates of over £40,000.
  • There are three obvious ways that society can capture the unearned increment: by requiring lease payments from the land user, by a wealth tax, and by a tax on rental income.
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove adverts and access premium resources