I favor a wealth tax over an income tax, as the wealthiest individuals tend to make only a tiny fraction of their money through income. Start at 50% tax on wea

I favor a wealth tax over an income tax, as the wealthiest individuals tend to make only a tiny fraction of their money through income. Start at 50% tax on wealth exceeding one million dollars, and raise it by 1% for every million above that, adjusted for inflation.