Just make tax exponential (so your netto is a log function of your brutto). Wouldn’t have a hard “maximum” but effectively be impossible to have many times income of others (without paying unimaginable more taxes than everyone else). The hardest part is probably to handle “wealth” because that can be parked and “hidden” in so many different ways.
I like the idea of having a maximum wealth. Once your assets are worth X amount, you can’t have any more.
That’s the effect of the old 90% highest marginal tax rate.
That’s income tax, not wealth tax. Once you get rich enough, they’re not really related anymore.
Just make tax exponential (so your netto is a log function of your brutto). Wouldn’t have a hard “maximum” but effectively be impossible to have many times income of others (without paying unimaginable more taxes than everyone else). The hardest part is probably to handle “wealth” because that can be parked and “hidden” in so many different ways.