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Behavioural answers to top-financial wealth tax: evidence from Belgium

Author

Listed:
  • Thérèse Bastin
  • Nikolaos Koutounidis
  • Milan van den Heuvel
  • Ilan Tojerow
  • Yannelis Constantine

Abstract

This poster presents our paper which examines taxpayers’ behavioural responses to a specific wealth tax. Leveraging an unprecedented tax on the financially wealthiest individuals and a unique individual banking data, this paper provides the first scientific evidence on the answers to specific financial wealth tax.

Suggested Citation

  • Thérèse Bastin & Nikolaos Koutounidis & Milan van den Heuvel & Ilan Tojerow & Yannelis Constantine, 2025. "Behavioural answers to top-financial wealth tax: evidence from Belgium," ULB Institutional Repository 2013/397728, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:ulb:ulbeco:2013/397728
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    References listed on IDEAS

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    1. Raj Chetty & John N. Friedman & Tore Olsen & Luigi Pistaferri, 2011. "Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(2), pages 749-804.
    2. Marius Brülhart & Jonathan Gruber & Matthias Krapf & Kurt Schmidheiny, 2022. "Behavioral Responses to Wealth Taxes: Evidence from Switzerland," American Economic Journal: Economic Policy, American Economic Association, vol. 14(4), pages 111-150, November.
    3. Marinho Bertanha & Andrew H. McCallum & Alexis Payne & Nathan Seegert, 2022. "Bunching estimation of elasticities using Stata," Stata Journal, StataCorp LLC, vol. 22(3), pages 597-624, September.
    4. Katrine Jakobsen & Kristian Jakobsen & Henrik Kleven & Gabriel Zucman, 2020. "Wealth Taxation and Wealth Accumulation: Theory and Evidence From Denmark," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(1), pages 329-388.
    5. David Seim, 2017. "Behavioral Responses to Wealth Taxes: Evidence from Sweden," American Economic Journal: Economic Policy, American Economic Association, vol. 9(4), pages 395-421, November.
    6. Roberto Iacono & Bard Smedsvik, 2023. "Behavioral responses to wealth taxation: evidence from a Norwegian reform," Working Papers halshs-04423923, HAL.
    7. Garbinti, Bertrand & Goupille-Lebret, Jonathan & Munoz, Mathilde & Stantcheva, Stefanie & Zucman, Gabriel, 2023. "Tax Design, Information, and Elasticities: Evidence From the French Wealth Tax," CEPR Discussion Papers 18206, C.E.P.R. Discussion Papers.
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