Yep, indeed this kind of wealth tax would seem much more popular. I wonder how well it would do in a federal vote in Switzerland. I am very much in favor of in

Yep, indeed this kind of wealth tax would seem much more popular. I wonder how well it would do in a federal vote in Switzerland. I am very much in favor of increasing taxes for the very wealthy ($100 million in net worth seems like a good start). I just don't want that kind of tax to do collateral damage to middle-class people. For example, Switzerland doesn't have capital gains tax (!!!) except if trading is your profession. If we introduce capital gains tax, sure it will tax the rich but they will be able to wave it off while middle-class investors will get hit too. That's why I said in my initial comment that it could be wise to only tax those that invested for less than 10 years. We could also imagine a system where your capital gains are taxed based on your net worth after the trade.