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I sort of implied that it needs to be predicable (annual) and less arbitrary (bracketed). A one-off tax sends the message that you can be taxed whenever and for whatever. Unpredictable policy sends a message that somewhere isn't a stable place to live or do business.

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This is not my reaction to just you. This is my reading of "any time a wealth tax is brought up." My recommendation to you, given you seem to be acting in good-faith:

Make it clear "What you want a wealth tax to look like instead" But also, it's easier to destroy than it is to create, so I think any state setting the grounds for how they're going to try this, is worth supporting and iterating on.

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