Assume 0% below 30x GDP wealth 1% between 30x and 60x GDP 2% between 60x and 120x GDP 4% between 120x and 250x GDP 8% between 250x and 500x GDP 12% between 500x and 1000x GDP 16% between 2000x GDP and 4000x GDP 18% between 4000x GDP and 8000x GDP 19% between 8000x GDP and 16000x GDP 20% above 16000x GDP
The top bracket kicks in at 400M. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes