[Todd]

An alternative is graduated capital gains rates based on total assets owned (ideally skewed higher, like 10, 50, 100MM, …). Exemptions like QSBS could still be applied. This would allow shareholder control issues to remain unaffected, which wealth taxes never seem to address.

Not sure how to apply it on the corporate side. There are also multi entity workarounds to consider.

Just an idea.

[phil21]

I’ve always been of the opinion tax brackets should be “lifetime earnings” based regardless of income source.

Your first $1M should be taxed differently than your next $10M and so forth.