@unpublished{Kapelleretal2021,
  title = {Policy Brief: A {{European}} Wealth Tax},
  author = {Kapeller, Jakob and Leitch, Stuart and Wildauer, Rafael},
  year = {2021},
  url = {https://gala.gre.ac.uk/id/eprint/32134/},
  abstract = {The distribution of wealth in the European Union is heavily concentration at the top. The richest 1\% of households hold a third of total aggregate net wealth while the poorest 50\% of households hold less than 5\% of total net wealth. The flipside of this strong concentration of wealth is the high revenue potential of wealth taxes. The estimates presented here suggest that a progressive tax on net wealth could generate revenues between 3\% and 10.8\% of GDP.},
  keywords = {Wealth Taxation},
  note = {Unpublished manuscript}
}

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