Capital Taxation in the Twenty-First Century
质疑皮凯蒂《二十一世纪资本论》中关于财富不平等必然加剧的论断，认为其事实、逻辑和政策结论缺乏依据，财富税在理论和实践中均缺乏支持。
In his influential book, Capital in the Twenty-First Century, Thomas Piketty argues forcefully that rising wealth and wealth inequality is an inherent characteristic of capitalist economies and calls for strong policy responses, in particular a substantial wealth tax implemented globally. This paper takes issue with the facts, logic, and policy conclusions in Piketty's book, suggesting that the factors needed to support the inexorable rise in capital's share and concentration are lacking and that among tax policy reforms aimed at dealing with economic inequality a wealth tax finds little support either in Piketty's own work or elsewhere in the literature.