I would draw your attention to the following article by Sid Carroll:
Carroll, Sidney. "Taxing Wealth: An Accessions Tax Proposal for the U.S." Journal of Post Keynesian Economics 12, no. 1 (1989): 49-69. https://urldefense.proofpoint.com/v2/url?u=http-3A__www.jstor.org.ezproxy.library.astate.edu_stable_4538171&d=DwIF-g&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=LtbujWNPdbzw6j8eq9-RJVMBctp9ndCoqGEy57VsNLQ&m=AhLK9VQU7rKvZAX1LhNvNzDpmZ88uABXyzD4fuf7OLI&s=6s0A_iWc3Bu-dUB6YhiPkFvopg11yYL2ytV-AShQR3s&e=.
Sent: Thursday, January 31, 2019 10:04 AM
Subject: Re: Wealth Tax, Institutionalism, Yahoos and Mavericks
Thank you for the kind words, Charles Whalen. Institutionalism has always been at least a generation ahead of its time. Plays hell with one's career path if one is seeking the recognition of the leaders of a herd of clueless yahoos, but is more fun than running with the yahoos.
William M. Dugger, Texas Maverick
Professor of Economics University of Tulsa
Subject: Wealth Tax
Date: Thursday, January 31, 2019, 8:13 AM
Since Elizabeth Warren has made wealth
taxation a newsworthy topic, I thought I’d remind everyone
that our colleagues Jon Wisman (w/ Larry Sawers) and Bill
Dugger offered wealth tax suggestions in JEI articles some