Monday 26th June, LSE
As is well-known, social inequality is primarily driven by inequalities in wealth, which determine inheritance, gifts, rents of all kinds, and eventually standards of living through basic things such as access to property.
However in many countries wealth, and income from wealth, are taxed less than labour income. Recent events in the UK and around the world have led to general debates about the benefits, costs and feasibility of various forms of wealth taxation. Bringing about change in wealth taxation is particularly challenging due to political and societal inertia. Going back in history may help identify the nature of these challenges as well as potential solutions.
The workshop we are convening will be an interdisciplinary one where academics researching wealth taxation and its history will join experts from policy backgrounds and law practice to shed light on these complex issues.
The workshop will last half a day and will be primarily discussion-led. In the first part, a small number of speakers will offer their perspective on the topic and workshop guests will be encouraged to join in the conversation. The second part will consist in a roundtable, primarily focused on the issue of "Overcoming Path Dependence in Wealth Taxation," in which all guests will be expected to participate. It is hoped that tentative lessons will be drawn in the process.
12:00: Arrival and welcome buffet lunch
13:00: Martin Daunton, Cambridge tbc
13.50: Jill Rutter, Institute for Government tbc
14:40: John Avery Jones, Pump Court Tax Chambers, tbc
15:30: Tea/Coffee break
15:50: Norma Cohen, FT/Queen Mary University
16:40: Ian Roxan, Department of Law, LSE tbc
17:30: Tea/Coffee break
17:50: Roundtable: "Overcoming path dependency in wealth taxation."
19:00: Workshop ends
19:30: Dinner (invited participants only)