El restablecimiento del Impuesto sobre el Patrimonio

This paper is a theoretical review of the arguments for and against the existence of a tax which levies wealth, from the point of view of equity and efficiency. The reestablishment of the Property Tax for the 2011 and 2012 tax accounting periods, and the incorporation of legal changes in its regulation, is aimed at increasing tax collection and consequently contributing to deficit reduction of the Autonomous Regions. Therefore, its collecting capacity and its contribution to equity is analyzed.