That's strange, because whenever I propose wealth taxes to self-identified libertarians they complain about "double taxation" or somesuch. This is probably why

That's strange, because whenever I propose wealth taxes to self-identified libertarians they complain about "double taxation" or somesuch. This is probably why my answer gets voted up by neither libertarians nor, uh, non-libertarians. The proposal I provided was given in the context of "Let's say I own a corporation ...". Not "Let's say I'm a manager of a large corporation". When the person owns the inefficient corporation, then wealth taxation seems like a viable approach. I think crappy management is a genuine problem at large companies, but I'm not sure that any kind of corporate taxation will fix it.