I think there is one kind of wealth tax that might actually work, even if it wouldn't be popular amongst some/many Bitcoiners. I think it would work because it would directly target the greatest crisis we are facing, that nobody has any solutions for, one that is both terrifying and verifiable. Its the one major crisis that cannot be pinned down to doomerism and hysteria: Demographic collapse.

What I'm proposing is not a direct wealth tax, but a wealth tax via the back door. Governments know that childless high net worth individuals are a windfall, because inheritance taxes are far higher when they don't pass to children. In some places there are motions to allow people to grant their estate to grandchildren, nephews and nieces, as they fill the void left by the children that passed away or never came to be. These will never pass because states need that windfall, it's the only way they can avoid our reduce direct wealth taxes.

But what if states were smarter that this, what if they were pronatalist? What if retirees got tax relief on income and capital gains depending upon the number of grandchildren they have, and if childless people could 'adopt' families by putting their capital in a specifically designed trust so that those families inherited their estates, taxed as if they were their own children?

This would lead to direct redistribution in a pronatalist progressive tax policy, but with the benefit that the wealthy person chooses the families, partially based upon the number of children, but also based upon their values and prospects as stewards of that capital.

This might split the wealthy down the middle, between those with a stake in the future, and those who just want a bigger pile than the average Joe.

Its either this, or the future is a dead millennial found weeks or months after they had a stroke in their kitchen, by a chap walking his dog.