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  1. Thomas Piketty's research on inequality is shaping global economic policy, with findings cited by the World Bank.

Economists' Research on Wealth Inequality Influences Global Tax Proposals

1 report, 1 independent Updated Sun 00:00
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What happened

Some supportReported by 1 outlet

Thomas Piketty's 2014 book, “Capital in the 21st Century,” highlighted wealth inequality, encouraging left-wing politicians worldwide to propose wealth taxes. Gabriel Zucman and Emmanuel Saez coauthored research supporting these taxes, which influenced wealth tax proposals by Elizabeth Warren and Bernie Sanders. Emmanuel Saez also helped draft Proposition 40, a one-time 5% wealth tax targeting California residents with assets over $1 billion.

From nypost.com

Why it matters

Some supportBrind's analysis of the reports

The research, which includes input from Gabriel Zucman and Emmanuel Saez, is shaping global economic policy regarding wealth distribution. Furthermore, notes that French bond yields have recently jumped amid fiscal issues linked to high taxes and regulation.

Thomas Piketty's research on inequality is shaping global economic policy, with findings cited by the World Bank.

From nypost.com

Who's involved

  • Thomas PikettyFrench economist who wrote the 2014 bestseller on wealth inequality.
  • Elizabeth WarrenAmerican politician whose wealth tax proposals were influenced by the research of Gabriel Zucman and Emmanuel Saez.
  • Gabriel ZucmanFrench economist who coauthored research supporting wealth taxes alongside Thomas Piketty.
  • Emmanuel SaezFrench-American economist who helped draft Proposition 40, a wealth tax for California residents.
  • Bernie SandersUnited States Senator whose wealth tax proposals were influenced by the research of Gabriel Zucman and Emmanuel Saez.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • city councilSpeculative

    The wealth tax proposal (Proposition 40) might change local revenue streams or regulatory requirements for the city council.

Possible ripples

Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.

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Thomas Piketty's research on inequality is shaping global economic policy, with findings cited by the World Bank. All 1 developments

The entities involved

Coverage

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