Comparison of wealth tax regimes.

Wealth distribution in population of 1,000 agents (10 bins, a.u.). Flat wealth tax regime, with high (60%) and low (5%) flat tax. Comparison of high (left) and low (right) for redistribution policy at t = 1, 000;10, 000; and 100, 000. Initial distribution was equal among all 1,000 agents. High wealth tax increases wealth of middle class, low wealth tax reduced it in favour of a few high net-worth individuals.