@avilewis Thank you for proposing a wealth tax! Wealth inequality is now so large that income taxes alone are not enough to solve the problem. Billionaires have way too much power, because of their wealth.
And 1% wealth can't be achieved through wages - even 1% wages! Extreme wealth isn't incentivising anything useful to society.
Consider stating your wealth tax threshold in dollar terms, not just as "the 1%". Is it $5M? $10M? $100M? How many voters' aspirations will this affect?