Modeling a Wealth Tax
Someone forgot to model growth in the value of the asset, and&#x2F;or putting the wealth to use. A wealth tax is, to an approximation, the equivalent of the &quot;management fee&quot; that an ETF charges, but with the revenues going to the government.<p>If you have a bucket of money that isn&#x27;t doing anything, then what value does it actually bring to the economy? Penalizing static value seems almost reasonable.