This article examines public attitudes toward wealth taxation in Italy, drawing on a survey of 2400 individuals conducted in 2021. Moving beyond the conventional “tax-the-rich” narrative, it investigates people's views on wealth taxes as a potential alternative to income and consumption taxation. The analysis exploresthe role of self-interest, personal beliefs, and political orientation, and shows that support for wealth taxes does not necessarily stem from redistributive motives, but may also express a preference for a less intrusive tax system with moderate progressivity, an approach aligned with classical–liberal principles. Respondents prefer wealth taxes to consumption taxes. Notably, many support a proposal to replace all existing taxes with a single wealth tax. However, concerns emerge regarding potential increases in the overall tax burden and the inclusion of primary residences in the tax base. Contrary to expectations, political orientation plays a limited role in shaping attitudes, although an interaction effect between political views and economic status is observed. The earmarking of tax revenues does not significantly influence preferences.
{"title":"Beyond the Tax-the-Rich Narrative: How Italians Consider Taxing Wealth","authors":"Sergio Beraldo, Enrico Colombatto","doi":"10.1111/kykl.12457","DOIUrl":"https://doi.org/10.1111/kykl.12457","url":null,"abstract":"<p>This article examines public attitudes toward wealth taxation in Italy, drawing on a survey of 2400 individuals conducted in 2021. Moving beyond the conventional “tax-the-rich” narrative, it investigates people's views on wealth taxes as a potential alternative to income and consumption taxation. The analysis exploresthe role of self-interest, personal beliefs, and political orientation, and shows that support for wealth taxes does not necessarily stem from redistributive motives, but may also express a preference for a less intrusive tax system with moderate progressivity, an approach aligned with classical–liberal principles. Respondents prefer wealth taxes to consumption taxes. Notably, many support a proposal to replace all existing taxes with a single wealth tax. However, concerns emerge regarding potential increases in the overall tax burden and the inclusion of primary residences in the tax base. Contrary to expectations, political orientation plays a limited role in shaping attitudes, although an interaction effect between political views and economic status is observed. The earmarking of tax revenues does not significantly influence preferences.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"1037-1052"},"PeriodicalIF":1.5,"publicationDate":"2025-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12457","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144524947","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}