Applicability of net wealth tax in Türkiye

The implementation of the net wealth tax, the most comprehensive of wealth taxes, has always was discussed until today. Historically, net wealth tax has been abolished in many countries was based on negative arguments. However, empirical evidence on this issue was found modest economic results. Today, the world was experienced epidemic Covid-19, the climate crisis is being fought, budget deficits have increased, and most importantly, the wealth inequality has increased tremendously. As a result, interest in net wealth tax increased in the world and in Turkey. For this reason, in this study, domestic and foreign literature was reviewed. Deductive reasoning and comparative analysis techniques were used, and the applicability of the net wealth tax in Turkey was analyzed. In this context, this study is created in three parts. In the First Chapter, the conceptual framework of the net wealth tax was created and the net wealth tax; Its definition, types and justifications were included. In the Second Part, countries that implemented net wealth tax were included and the experiences of these countries were benefited. In the third part, the applicability of the net wealth tax in Turkey was analyzed. In this context, in this section, wealth taxes and wealth inequality in Turkey were touched upon, economic studies on net wealth tax were analyzed, and net wealth tax was evaluated from a constitutional perspective. Finally, opinions on the applicability of the net wealth tax were included. As a result, net wealth tax; It was concluded that it was politically, socially, economically and constitutionally feasible (necessary).