To reduce wealth inequality without diminishing the economic performance of a country, a policy package of bequest taxes and land value taxes could be the optimal solution. Such a policy package would, in fact, have a strong advantage over corporate taxation, according to a new study published in the journal International Tax and Public Finance. It is the first analysis to include the so-far neglected factor of land for tackling wealth inequality. Land is of great interest for studying inequality as climate change might increase land prices and thereby affect housing costs. The cost increase could be countered by smart taxes that would also reduce overall inequality in a country, and hence possibly help to reduce tensions in society that are amplified by populism.