> when you pass some threshold [...] then it should escalate up to 99% Why stop at 100%? Assuming it is okay to put a cap on how much wealth and income a perso

> when you pass some threshold [...] then it should escalate up to 99% Why stop at 100%? Assuming it is okay to put a cap on how much wealth and income a person can have, it should be sensible to have marginal tax rate higher than 100% of the taxable income. You earn more than 100M in a year? Please pay 200M until your wealth is back to sensible levels. Alternatively, you can reduce your taxable income by making charitable donations willingly – same thing as far as balance is concerned, but you might feel differently about it.