A real estate tax all in one: yield, progressiveness and feasibility.

Summary We examine the feasibility of a single property tax on the property and real estate holdings of households that would replace all the existing taxes on this type of wealth, in particular, the property tax, the IFI tax, the DMTO tax, the tax on real estate capital gains and the tax on rental income received by landlords. Net property worth, after deducting real estate debt and 50,000 euros for the value of the principal residence, would be taxed at a rate of 1% up to the threshold of the IFI (1.