Not to mention that the general findings from Norway's wealth tax is that it works. A few millionaire's leave but the benefit far outweighs the cost of some capital flight
https://www.reuters.com/business/norways-wealth-tax-trades-m...
I still prefer Warren's proposal in the US which only proposed a tax above a net worth of $50m. The biggest criticism of wealth taxes is the massively complicated added bureaucratic burden of measuring everyone's wealth. Only about 0.14% of USians have a net worth above $50m.
Thank goodness it’s $50 million because if it were a quarter of that then $174,000/year salaried senator Elizabeth Warren, worth $12 million, would be liable too.