What we talk about when we talk about Wealth Tax

Wealth tax, ability to pay and ban on the confiscatory scope of taxation

Abstract

What are we talking about when we talk about the Wealth Tax? Is the Wealth Tax a tax in accordance with the principle of economic capacity or, on the contrary, is it a tax that lacks the constitutionally required presupposition for its establishment? Is patrimony a manifestation of economic capacity capable of being taxed autonomously by the Wealth Tax or should the latter be limitad to taxing income as a complement to the Personal Income Tax? Does the Wealth Tax, in its current configuration, violate the constitutional prohibition of the confiscatory scope of taxation? Is the Wealth Tax contrary to the principie of capacity to pay and (or) confiscatory by taxing wealth that is not liquid?