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I could, quite literally, spend every working hour for the rest of my life writing both pros and cons to the notion of a "Wealth Tax" versus an "Income Tax" (and most certainly, there are many pros and cons to both). But instead of doing that, I thought I'd let others do it. Please frame all arguments in terms of economics, sociology, humanity, etc., rather than partisan politics: This website officially doesn't care if you self-identify as a Republican, a Democrat, a Totemist, or a Wiccan, i.e., treat the issue as an issue; and not as a party line. I'll start with a question that popped into mind: How can you find out how much people are worth? Who knows how many people have a billion dollars stuffed into a mattress? (That is allegory, of course, but you get the point - and that is but one legitimate question of about a million legitimate questions.) "It's Time for the Wealthy To Watch Out" by Christine Emba on washingtonpost.com