It can even be stepped. In France we had a wealth tax but only for people who owned over 1 300 000 € in wealth. Had because Macron stopped it because apparentl

It can even be stepped. In France we had a wealth tax but only for people who owned over 1 300 000 € in wealth. Had because Macron stopped it because apparently it would make the rich leave the country which was pretty stupid since the first version of this tax was from 1945 and France is known to host a lot of ultra rich people.