[Applejinx]

Yeah, it would work great and incentivize all the right things, but you wouldn't need anywhere NEAR that. Given that this would apply to individuals and companies (all forms of abstraction and consolidation), have it be 1 (one) percent.

Then if you're doing complicated finances to get all you can out of three different entities, you pay 3 percent wealth tax. And if you have basically nothing, you don't have any of these entities or holding companies so you pay just your personal one percent wealth tax.

Getting the corporate shield from personal liability would be well worth double dipping the one percent.