> Will a CEO work less hard if he (and his peers) can only ever gain $100M in net worth before a wealth tax on assets kicks in? Yes. You would increasingly se

> Will a CEO work less hard if he (and his peers) can only ever gain $100M in net worth before a wealth tax on assets kicks in? Yes. You would increasingly see founders depart their companies as soon as a heavy wealth tax kicks in. It’s difficult to prove that this would have large net negative impact on overall well-being, but I imagine it would.