The "Wealth Tax" proposed currently by Sen Warren & a few others seems more like attention grabbing than a serious plan. They've been tried in other countries &

The "Wealth Tax" proposed currently by Sen Warren & a few others seems more like attention grabbing than a serious plan. They've been tried in other countries & failed miserably. They're hard to manage & imo seem like a poor choice. If you want to increase taxes on the wealthy I would go after loopholes instead, which Sen Warren & others are also trying to do to be fair. You could also look closer at trying to slightly increase tax on sales transactions or taking loans against your equity. It would need to be a small enough amount that makes a difference to tax income but not enough that people try hard to avoid it.