Estimated revenue-raising potential of a net wealth tax (NWT) in India, Nigeria, the United States and France from 2019 to 2021, compared to estimated current tax revenue (in billion U.S. dollars)*
Characteristic
Estimatet NWT revenue
Estimated current tax revenue
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*The estimates were made using a calculation where wealth of over one billion U.S. dollars was taxed five percent, and wealth between five million and one billion U.S. dollars was taxed two percent.
Citation formats
Potential revenue of wealth tax in selected countries worldwide 2019-2021
If the United States implemented a net wealth tax of **** percent on wealth over * U.S. dollars, and *** percent on wealth between ** and * U.S. dollars, it is estimated that the country could add another * dollars to its national budget. This equals over percent of the estimated current tax revenues. By comparison, it is estimated that a similar wealth tax in India would add ** percent of its current tax revenue to the national budget.
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Oxfam. (January 16, 2023). Estimated revenue-raising potential of a net wealth tax (NWT) in India, Nigeria, the United States and France from 2019 to 2021, compared to estimated current tax revenue (in billion U.S. dollars)* [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 02, 2026, from /statistics/1459935/world-potential-wealth-tax-revenue-country/
Oxfam. "Estimated revenue-raising potential of a net wealth tax (NWT) in India, Nigeria, the United States and France from 2019 to 2021, compared to estimated current tax revenue (in billion U.S. dollars)*." Chart. January 16, 2023. ÌÇÐÄÆÆ½â°æ. Accessed August 02, 2026. /statistics/1459935/world-potential-wealth-tax-revenue-country/
Oxfam. (2023). Estimated revenue-raising potential of a net wealth tax (NWT) in India, Nigeria, the United States and France from 2019 to 2021, compared to estimated current tax revenue (in billion U.S. dollars)*. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 02, 2026. /statistics/1459935/world-potential-wealth-tax-revenue-country/
Oxfam. "Estimated Revenue-raising Potential of a Net Wealth Tax (Nwt) in India, Nigeria, The United States and France from 2019 to 2021, Compared to Estimated Current Tax Revenue (in Billion U.S. Dollars)*." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 16 Jan 2023, /statistics/1459935/world-potential-wealth-tax-revenue-country/
Oxfam, Estimated revenue-raising potential of a net wealth tax (NWT) in India, Nigeria, the United States and France from 2019 to 2021, compared to estimated current tax revenue (in billion U.S. dollars)* ÌÇÐÄÆÆ½â°æ, /statistics/1459935/world-potential-wealth-tax-revenue-country/ (last visited August 02, 2026)
Estimated revenue-raising potential of a net wealth tax (NWT) in India, Nigeria, the United States and France from 2019 to 2021, compared to estimated current tax revenue (in billion U.S. dollars)* [Graph], Oxfam, January 16, 2023. [Online]. Available: /statistics/1459935/world-potential-wealth-tax-revenue-country/