> A small wealth tax is a good start. They always start out small, and targeted only to the top x%. Then politicians realize it's easier to tweak the rules and

> A small wealth tax is a good start. They always start out small, and targeted only to the top x%. Then politicians realize it's easier to tweak the rules and make it apply to just a few more people than it would be to create a whole new tax. Introducing a small wealth tax is the start of a whole new class of taxes. See the history of income tax from a limited wartime thing to a huge a percentage of government revenue: https://en.wikipedia.org/wiki/Income_tax_in_the_United_States https://en.wikipedia.org/wiki/Income_tax_in_the_United_State... I would argue that instead of a wealth tax, a more sensible option would be to look at all the sources of income for very wealthy people that are treated differently than earned income. For example, capital gains tax rates, tax shelters in real estate, and other ways to get around normal tax rates.